Benqi Staked Avax

Stake AVAX on BENQI's Liquid Staking Protocol and freely utilize it within powerful Decentralized Financial applications.

## Overview Benqi Staked Avax (sAVAX) is a liquid staking token issued by BENQI's Liquid Staking Protocol on the Avalanche blockchain. When you stake AVAX through Benqi, you receive sAVAX—a tokenized representation of your staked position that accrues staking rewards over time. Unlike traditional staking where your capital is locked and illiquid, sAVAX allows you to participate in DeFi protocols simultaneously, converting idle staking into productive capital. The core problem Benqi solves is opportunity cost. Standard AVAX staking on Avalanche requires validators to lock capital for extended p