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

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

Current APY

5.0%

Price

$11.67

Platform Fee

No

Platform Type

wallet

Start Staking SAVAX on Solflare

Solflare gives you full control of your assets.

Stake SAVAX on Solflare

Step-by-Step: Stake SAVAX on Solflare

1

Install Solflare

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

2

Fund the wallet with SAVAX

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

3

Open the staking section

In Solflare, 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.

4

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.

Solflare for SAVAX Staking: Pros & Cons

Pros

  • + Deeper staking analytics than Phantom (skip rate, MEV revenue)
  • + Stake-account splitting and merging from the UI
  • + Strong Ledger integration
  • + Native LST support (mSOL, jitoSOL, bSOL, etc.)

Cons

  • - UX a bit more technical than Phantom
  • - Solana-only
  • - Smaller user base than Phantom (~1M vs 5M+)

FAQ: SAVAX Staking on Solflare

What APY can I earn staking SAVAX on Solflare?
The current estimated APY for SAVAX staking is around 5.0%. Actual rates vary based on network conditions, validator performance, and Solflare's fee structure (No platform fee — validator commission only).
Is staking SAVAX on Solflare safe?
Solflare 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 Solflare?
Unstaking times depend on the network: Until end of next epoch (~2–3 days). During the unstaking period, your SAVAX won't earn rewards.
What fees does Solflare charge for SAVAX staking?
Solflare charges No platform fee — validator commission 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.