How to Stake Stafi (FIS) on BENQI
BENQI may not directly support FIS staking, but you can still use BENQI to buy FIS and transfer it for staking.
Current APY
90.7%
Price
$0.0119
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake FIS on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Stafi's network.
2
Acquire FIS
Buy FIS 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 FIS 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 FIS 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: FIS Staking on BENQI
What APY can I earn staking FIS on BENQI?
The current estimated APY for FIS staking is around 90.7%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking FIS on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for FIS 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 FIS from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your FIS won't earn rewards.
What fees does BENQI charge for FIS staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake FIS on other platforms?
Yes! You can compare all available platforms for FIS staking on our How to Stake Stafi guide. Different platforms offer different APY rates, fees, and custody models.