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How to Stake Ether.fi (ETHFI) on BENQI

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

Current APY

4.0%

Price

$0.4423

Platform Fee

10%

Platform Type

liquid

Start Staking ETHFI on BENQI

BENQI gives you full control of your assets.

Stake ETHFI on BENQI →

Step-by-Step: Stake ETHFI on BENQI

1

Get a compatible wallet

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

2

Acquire ETHFI

Buy ETHFI 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 ETHFI 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 ETHFI 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: ETHFI Staking on BENQI

What APY can I earn staking ETHFI on BENQI?
The current estimated APY for ETHFI staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking ETHFI on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for ETHFI 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 ETHFI from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your ETHFI won't earn rewards.
What fees does BENQI charge for ETHFI staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake ETHFI on other platforms?
Yes! You can compare all available platforms for ETHFI staking on our How to Stake Ether.fi guide. Different platforms offer different APY rates, fees, and custody models.