How to Stake Staked Yearn CRV Vault (ST-YCRV) on BENQI
BENQI may not directly support ST-YCRV staking, but you can still use BENQI to buy ST-YCRV and transfer it for staking.
Current APY
4.0%
Price
$0.5343
Platform Fee
10%
Platform Type
liquid
Step-by-Step: Stake ST-YCRV on BENQI
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Staked Yearn CRV Vault's network.
2
Acquire ST-YCRV
Buy ST-YCRV 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 ST-YCRV 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 ST-YCRV 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: ST-YCRV Staking on BENQI
What APY can I earn staking ST-YCRV on BENQI?
The current estimated APY for ST-YCRV 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 ST-YCRV on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for ST-YCRV 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 ST-YCRV from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your ST-YCRV won't earn rewards.
What fees does BENQI charge for ST-YCRV staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake ST-YCRV on other platforms?
Yes! You can compare all available platforms for ST-YCRV staking on our How to Stake Staked Yearn CRV Vault guide. Different platforms offer different APY rates, fees, and custody models.