Benqi Staked Avax protocol
Overview
Benqi Staked Avax (sAVAX) is a liquid staking token issued by the Benqi protocol on the Avalanche blockchain. It represents AVAX staked through Benqi's validator infrastructure, enabling users to earn staking rewards while retaining the ability to use sAVAX across DeFi applications.
Within the DeFi Intel graph, Benqi Staked Avax connects to 2 tracked entities, most strongly to Avalanche, QI.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Avalanche | 95% |
supports_token | QI | 95% |
Frequently asked questions
What is Benqi Staked Avax?
Benqi Staked Avax (sAVAX) is a liquid staking token issued by the Benqi protocol on the Avalanche blockchain, representing AVAX staked through Benqi's validator infrastructure.
What chain does Benqi Staked Avax run on?
Benqi Staked Avax is deployed on the Avalanche blockchain.
What token does Benqi Staked Avax support?
Benqi Staked Avax supports the QI token.