stacky.

How to Stake XION (XION) on BENQI

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

Current APY

11.1%

Price

$0.1137

Platform Fee

10%

Platform Type

liquid

Start Staking XION on BENQI

BENQI gives you full control of your assets.

Stake XION on BENQI →

Step-by-Step: Stake XION on BENQI

1

Get a compatible wallet

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

2

Acquire XION

Buy XION 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 XION 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 XION 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: XION Staking on BENQI

What APY can I earn staking XION on BENQI?
The current estimated APY for XION staking is around 11.1%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking XION on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for XION 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 XION from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your XION won't earn rewards.
What fees does BENQI charge for XION staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake XION on other platforms?
Yes! You can compare all available platforms for XION staking on our How to Stake XION guide. Different platforms offer different APY rates, fees, and custody models.