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How to Stake Medibloc (MED) on BENQI

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

Current APY

48.4%

Price

$0.0022

Platform Fee

10%

Platform Type

liquid

Start Staking MED on BENQI

BENQI gives you full control of your assets.

Stake MED on BENQI →

Step-by-Step: Stake MED on BENQI

1

Get a compatible wallet

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

2

Acquire MED

Buy MED 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 MED 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 MED 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: MED Staking on BENQI

What APY can I earn staking MED on BENQI?
The current estimated APY for MED staking is around 48.4%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking MED on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for MED 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 MED from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your MED won't earn rewards.
What fees does BENQI charge for MED staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake MED on other platforms?
Yes! You can compare all available platforms for MED staking on our How to Stake Medibloc guide. Different platforms offer different APY rates, fees, and custody models.