How to Stake NEAR Protocol (NEAR) on BENQI
BENQI may not directly support NEAR staking, but you can still use BENQI to buy NEAR and transfer it for staking.
Current APY
4.7%
Price
$1.37
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake NEAR on BENQI
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports NEAR Protocol's network.
Acquire NEAR
Buy NEAR from an exchange and transfer it to your wallet, or swap for it using a DEX.
Visit BENQI
Go to BENQI's staking interface and connect your wallet.
Stake and receive liquid tokens
Enter your NEAR amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
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 NEAR 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
Other Platforms for NEAR Staking
Exchange · 25–35% commission on rewards
Exchange · 10–20% commission
Exchange · Built into rates
Liquid Staking · 10% of staking rewards
validator · Varies (institutional pricing)
validator · 5–10% commission
wallet · No platform fee — only network/validator commission
wallet · No platform fee — validator commission (typically 1–10%)
wallet · No platform fee — validator commission only