How to Stake Mantle Staked Ether (mETH) on BENQI
BENQI may not directly support mETH staking, but you can still use BENQI to buy mETH and transfer it for staking.
Current APY
3.7%
Price
$2,375.63
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake mETH on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Mantle Staked Ether's network.
2
Acquire mETH
Buy mETH 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 mETH 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 mETH 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: mETH Staking on BENQI
What APY can I earn staking mETH on BENQI?
The current estimated APY for mETH staking is around 3.7%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking mETH on BENQI safe?
BENQI is a non-custodial protocol with a low risk profile for mETH 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 mETH from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your mETH won't earn rewards.
What fees does BENQI charge for mETH staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake mETH on other platforms?
Yes! You can compare all available platforms for mETH staking on our How to Stake Mantle Staked Ether guide. Different platforms offer different APY rates, fees, and custody models.