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How to Stake Dill (DL) on BENQI

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

Current APY

12.0%

Price

$0.0019

Platform Fee

10%

Platform Type

liquid

Start Staking DL on BENQI

BENQI gives you full control of your assets.

Stake DL on BENQI →

Step-by-Step: Stake DL on BENQI

1

Get a compatible wallet

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

2

Acquire DL

Buy DL 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 DL 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 DL 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: DL Staking on BENQI

What APY can I earn staking DL on BENQI?
The current estimated APY for DL staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking DL on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for DL 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 DL from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your DL won't earn rewards.
What fees does BENQI charge for DL staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake DL on other platforms?
Yes! You can compare all available platforms for DL staking on our How to Stake Dill guide. Different platforms offer different APY rates, fees, and custody models.