How to Stake Stacks (STX) on BENQI

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

Current APY

6.0%

Price

$0.2169

Platform Fee

10%

Platform Type

liquid

Start Staking STX on BENQI

BENQI gives you full control of your assets.

Stake STX on BENQI

Step-by-Step: Stake STX on BENQI

1

Get a compatible wallet

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

2

Acquire STX

Buy STX 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 STX 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 STX 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: STX Staking on BENQI

What APY can I earn staking STX on BENQI?
The current estimated APY for STX staking is around 6.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking STX on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for STX 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 STX from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your STX won't earn rewards.
What fees does BENQI charge for STX staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake STX on other platforms?
Yes! You can compare all available platforms for STX staking on our How to Stake Stacks guide. Different platforms offer different APY rates, fees, and custody models.