How to Stake SparkDEX Staked FLR (STFLR) on BENQI

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

Current APY

4.0%

Price

$0.0077

Platform Fee

10%

Platform Type

liquid

Start Staking STFLR on BENQI

BENQI gives you full control of your assets.

Stake STFLR on BENQI

Step-by-Step: Stake STFLR on BENQI

1

Get a compatible wallet

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

2

Acquire STFLR

Buy STFLR 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 STFLR 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 STFLR 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: STFLR Staking on BENQI

What APY can I earn staking STFLR on BENQI?
The current estimated APY for STFLR staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking STFLR on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for STFLR 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 STFLR from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your STFLR won't earn rewards.
What fees does BENQI charge for STFLR staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake STFLR on other platforms?
Yes! You can compare all available platforms for STFLR staking on our How to Stake SparkDEX Staked FLR guide. Different platforms offer different APY rates, fees, and custody models.