1H1D1W1M
Generalize
Information
Data from
BENQI Liquid Staking is the inaugural liquid staking protocol on Avalanche. By staking AVAX with BENQI, users can earn sAVAX, an interest-bearing version of AVAX. This enables users to accumulate rewards from securing the Avalanche network and participating in the realm of DeFi.
Issue Time
1970/01/01
Initial Price
US $ 10.00791862
Circulation/Max
0/
Dominance
0.00%
ROI --%
Information
What is BENQI and how does it work?
BENQI is a Decentralized Finance (DeFi) liquidity market protocol, built on Avalanche.
BENQI Liquid Staked AVAX, sAVAX is the token that users receive when staking their AVAX on BLS. It is the tokenized version of staked AVAX and accrues interest through Avalanche staking rewards.
Users stake AVAX with BENQI, and receive sAVAX, an interest-bearing version of AVAX.
Answers
Coin ranking
Users searched in the last 24 hours
Popular Q&A
- What are the potential benefits and opportunities that savax can bring to the digital currency industry in the future? How does savax differentiate itself from other cryptocurrencies? What are the key features and innovations of savax that make it stand out in the market?2021-11-24
- Can you provide me with the most recent news and updates about savax in the digital currency community? I am interested in learning about any new developments, partnerships, or upcoming events related to savax.2021-11-24
- Can you tell me the current price of savax in the digital currency market? I'm interested in knowing the latest value of savax and how it is performing in the market. It would be great if you could provide some insights into its price trends and any factors that might be influencing its value.2021-11-24
- I'm interested in buying savax, a digital currency. How can I purchase savax using a digital currency exchange?2021-11-24
- When it comes to investing in digital currencies, what sets savax apart from the rest? How does savax compare to other digital currencies in terms of its advantages and benefits? Why should someone consider investing in savax over other options available in the market?2021-11-24
- Can you provide a comparison between the share price of SAVA and other digital currencies? I'm interested in understanding how SAVA performs in relation to other cryptocurrencies.2021-11-24