How to Stake Cronos (CRO) on BENQI
BENQI may not directly support CRO staking, but you can still use BENQI to buy CRO and transfer it for staking.
Current APY
6.2%
Price
$0.0693
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake CRO on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Cronos's network.
2
Acquire CRO
Buy CRO 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 CRO 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 CRO 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: CRO Staking on BENQI
What APY can I earn staking CRO on BENQI?
The current estimated APY for CRO staking is around 6.2%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking CRO on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for CRO 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 CRO from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your CRO won't earn rewards.
What fees does BENQI charge for CRO staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake CRO on other platforms?
Yes! You can compare all available platforms for CRO staking on our How to Stake Cronos guide. Different platforms offer different APY rates, fees, and custody models.