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How to Stake NEO (NEO) on BENQI

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

Current APY

8.0%

Price

$2.76

Platform Fee

10%

Platform Type

liquid

Start Staking NEO on BENQI

BENQI gives you full control of your assets.

Stake NEO on BENQI →

Step-by-Step: Stake NEO on BENQI

1

Get a compatible wallet

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

2

Acquire NEO

Buy NEO 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 NEO 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 NEO 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: NEO Staking on BENQI

What APY can I earn staking NEO on BENQI?
The current estimated APY for NEO staking is around 8.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking NEO on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for NEO 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 NEO from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your NEO won't earn rewards.
What fees does BENQI charge for NEO staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake NEO on other platforms?
Yes! You can compare all available platforms for NEO staking on our How to Stake NEO guide. Different platforms offer different APY rates, fees, and custody models.