How to Stake staked USD1+ (SUSD1+) on BENQI
BENQI may not directly support SUSD1+ staking, but you can still use BENQI to buy SUSD1+ and transfer it for staking.
Current APY
4.0%
Price
$1.03
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake SUSD1+ on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports staked USD1+'s network.
2
Acquire SUSD1+
Buy SUSD1+ 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 SUSD1+ 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 SUSD1+ 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: SUSD1+ Staking on BENQI
What APY can I earn staking SUSD1+ on BENQI?
The current estimated APY for SUSD1+ 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 SUSD1+ on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for SUSD1+ 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 SUSD1+ from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your SUSD1+ won't earn rewards.
What fees does BENQI charge for SUSD1+ staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SUSD1+ on other platforms?
Yes! You can compare all available platforms for SUSD1+ staking on our How to Stake staked USD1+ guide. Different platforms offer different APY rates, fees, and custody models.