How to Stake Plian (PI) on BENQI
BENQI may not directly support PI staking, but you can still use BENQI to buy PI and transfer it for staking.
Current APY
12.0%
Price
$0.0008
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake PI on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Plian's network.
2
Acquire PI
Buy PI 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 PI 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 PI 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: PI Staking on BENQI
What APY can I earn staking PI on BENQI?
The current estimated APY for PI staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking PI on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for PI 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 PI from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your PI won't earn rewards.
What fees does BENQI charge for PI staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake PI on other platforms?
Yes! You can compare all available platforms for PI staking on our How to Stake Plian guide. Different platforms offer different APY rates, fees, and custody models.