How to Stake BENQI Liquid Staked AVAX (SAVAX) on Nami

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

Current APY

5.0%

Price

$11.67

Platform Fee

Platform Type

wallet

Start Staking SAVAX on Nami

Nami gives you full control of your assets.

Stake SAVAX on Nami →

Step-by-Step: Stake SAVAX on Nami

Install Nami

Download and install Nami from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

Fund the wallet with SAVAX

Buy SAVAX on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nami address. Double-check the network before sending.

Open the staking section

In Nami, navigate to the staking or earn tab for BENQI Liquid Staked AVAX. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of SAVAX to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Nami for SAVAX Staking: Pros & Cons

Pros

+ Minimal, fast UI — pioneered the Cardano dApp connector spec (CIP-30)
+ Lightweight install, low memory footprint
+ Now backed by IOG after 2022 acquisition

Cons

- Browser extension only — no mobile
- ADA-only
- Long-term roadmap unclear post-Lace launch

FAQ: SAVAX Staking on Nami

What APY can I earn staking SAVAX on Nami?

The current estimated APY for SAVAX staking is around 5.0%. Actual rates vary based on network conditions, validator performance, and Nami's fee structure (No platform fee — pool operator margin only).

Is staking SAVAX on Nami safe?

Nami is a non-custodial protocol with a medium risk profile for SAVAX 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 SAVAX from Nami?

Unstaking times depend on the network: None — delegated ADA stays liquid. During the unstaking period, your SAVAX won't earn rewards.

What fees does Nami charge for SAVAX staking?

Nami charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.

Can I stake SAVAX on other platforms?

Yes! You can compare all available platforms for SAVAX staking on our How to Stake BENQI Liquid Staked AVAX guide. Different platforms offer different APY rates, fees, and custody models.