What is Benqi Liquid Staking?
BENQI Liquid Staking (BLS) is an Avalanche liquid staking solution that tokenizes staked AVAX. By tokenizing AVAX through liquid staking, users can use, swap or collateralize the yield-bearing asset within Decentralized Finance applications.
BLS is a capital-efficient staking product that allows Avalanche users to:
- Freely transfer locked-up capital (staked AVAX) staked in validators in securing the Avalanche network;
- Gain additional utility on their yield-generating asset by utilizing it within Decentralized Finance by trading it or using it as collateral; and
- Seamlessly stake their AVAX on the Avalanche Contract Chain (C-Chain) with no tedious cross-chain transfers or server hosting.
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Chains Supported by Benqi Liquid Staking
Liquid Staking Tokens Supported by Benqi
Benqi Token
Learn more about Benqi Liquid Staking
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