stacky.

How to Stake Ankr Network (ANKR) on BENQI

BENQI may not directly support ANKR staking, but you can still use BENQI to buy ANKR and transfer it for staking.

Current APY

7.0%

Price

$0.0053

Platform Fee

10%

Platform Type

liquid

Start Staking ANKR on BENQI

BENQI gives you full control of your assets.

Stake ANKR on BENQI →

Step-by-Step: Stake ANKR on BENQI

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Ankr Network's network.

2

Acquire ANKR

Buy ANKR from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit BENQI

Go to BENQI's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your ANKR amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

BENQI for ANKR Staking: Pros & Cons

Pros

  • + Avalanche-native — no bridge risk
  • + sAVAX usable in Trader Joe, GMX, and other Avalanche DeFi
  • + Integrated lending market (Qi Protocol)
  • + No minimum stake

Cons

  • - Avalanche-only
  • - Smart contract risk
  • - Lower TVL than Ethereum liquid staking protocols

FAQ: ANKR Staking on BENQI

What APY can I earn staking ANKR on BENQI?
The current estimated APY for ANKR staking is around 7.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking ANKR on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for ANKR staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake ANKR from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your ANKR won't earn rewards.
What fees does BENQI charge for ANKR staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake ANKR on other platforms?
Yes! You can compare all available platforms for ANKR staking on our How to Stake Ankr Network guide. Different platforms offer different APY rates, fees, and custody models.