How to Stake BENQI Liquid Staked AVAX (SAVAX) on Rocket Pool
Rocket Pool may not directly support SAVAX staking, but you can still use Rocket Pool to buy SAVAX and transfer it for staking.
Current APY
5.0%
Price
$11.35
Platform Fee
~14%
Platform Type
liquid
Start Staking SAVAX on Rocket Pool
Rocket Pool gives you full control of your assets.
Stake SAVAX on Rocket Pool →Step-by-Step: Stake SAVAX on Rocket Pool
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports BENQI Liquid Staked AVAX's network.
Acquire SAVAX
Buy SAVAX from an exchange and transfer it to your wallet, or swap for it using a DEX.
Visit Rocket Pool
Go to Rocket Pool's staking interface and connect your wallet.
Stake and receive liquid tokens
Enter your SAVAX amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
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.
Rocket Pool for SAVAX Staking: Pros & Cons
Pros
- + Most decentralized ETH liquid staking protocol
- + rETH accrues value (no rebase) — tax-friendly
- + Anyone can become a node operator with just 8 ETH
- + Permissionless — no KYC, no registration
Cons
- - Lower TVL than Lido = less rETH liquidity on DEXes
- - rETH sometimes trades at a premium to ETH
- - Node operators need technical knowledge
- - Slightly lower APY than Lido due to protocol design