How to Stake Staked TRX (STRX) on BENQI
BENQI may not directly support STRX staking, but you can still use BENQI to buy STRX and transfer it for staking.
Current APY
4.0%
Price
$0.3966
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake STRX on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Staked TRX's network.
2
Acquire STRX
Buy STRX 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 STRX 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 STRX 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: STRX Staking on BENQI
What APY can I earn staking STRX on BENQI?
The current estimated APY for STRX 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 STRX on BENQI safe?
BENQI is a non-custodial protocol with a medium risk profile for STRX 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 STRX from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your STRX won't earn rewards.
What fees does BENQI charge for STRX staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake STRX on other platforms?
Yes! You can compare all available platforms for STRX staking on our How to Stake Staked TRX guide. Different platforms offer different APY rates, fees, and custody models.