BENQI Liquid Staking was Launched

TokenInsight news, BENQI Liquid Staking is a liquid staking service launched by BENQI, an avalanche lending protocol. Users can stake AVAX on BENQI, get sAVAX, and earn Avalanche node benefits (similar to Lido). sAVAX can be used on third-party DApps, including AMMs (Trader Joe, Pangolin) and lending protocols (BENQI, Anchor, Aave). In addition, BENQI also announced a partnership with Terra’s lending protocol Anchor, allowing sAVAX to join bLUNA and bETH as Anchor’s collateral.
Source

In This Article

Related News
BENQI's Liquidity Staking App Is Integrated with Coinbase Wallet BENQI's Liquidity Staking App Is Integrated with Coinbase Wallet
yearn.finance Has Launched on Arbitrum yearn.finance Has Launched on Arbitrum
Binance Labs Announces Strategic Investment in Symbiosis Finance Binance Labs Announces Strategic Investment in Symbiosis Finance
pSTAKE's Governance Token $PSTAKE Is Going Live on February 24 pSTAKE's Governance Token $PSTAKE Is Going Live on February 24
BENQI Liquid Staking Is Live on Avalanche BENQI Liquid Staking Is Live on Avalanche
Latest News More More
Hong Kong Gave Initial Approvals for Spot Bitcoin And Ethereum ETFs
1 Hour Ago Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital
2 Hours Ago Ethereum Next Upgrade "Pectra" Could Improve Wallet UX and Increase Staking Limit
3 Days Ago Solana Lending Protocol MarginFi saw $200M Users Fund Outflow in Two Days
3 Days Ago Chainlink Launched Bridging app Powered by CCIP
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open