Benqi Staked Avax protocol
Overview
The Benqi protocol issues a liquid staking token on Avalanche called Benqi Staked Avax (sAVAX). This token denotes AVAX that has been deposited into Benqi's validator network, allowing holders to collect staking yields while still deploying sAVAX within decentralised finance protocols.
Within The Counterparty graph, Benqi Staked Avax connects to 2 tracked entities, most strongly to Avalanche, QI.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Avalanche | 95% |
supports_token | QI | 95% |
Frequently asked questions
What is Benqi Staked Avax?
Benqi Staked Avax is a liquid staking tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Avalanche, QI.
What type of entity is Benqi Staked Avax?
Benqi Staked Avax is classified as a liquid staking (protocol) in The Counterparty knowledge graph.
What is Benqi Staked Avax connected to?
In The Counterparty knowledge graph, Benqi Staked Avax is linked to 2 other tracked entities, most strongly to Avalanche, QI.