BENQI Liquid Staked AVAX
SAVAX Price
BENQI Liquid Staked AVAX (SAVAX) offers liquid staking for AVAX on Avalanche, enabling flexible staking and DeFi rewards. More
| Fully Diluted Valuation | $244.76M |
|---|---|
| 24H Trading Volume | $2.03M |
| 24H Low / High | $24.98 / $ 28.24 |
| Circulating Supply | 8.83 M |
| Total Supply | 8.83 M |
| Max Supply | 0.00 |
| Categories | Liquid Staking Tokens 2 more |
|---|---|
| Founder | Dan Mgbor |
| Website | staking.benqi.fi |
| Socials | 1 more |
| Chains | avalanche |
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Introducing BENQI Liquid Staking for AVAX (SAVAX)
BENQI Liquid Staking protocol introduces a new dimension to Avalanche's ecosystem, offering users the opportunity to stake their AVAX tokens without traditional lockup periods or cross-chain transfers. The protocol, built on Avalanche, provides a seamless way to participate in staking while also benefiting from the dynamic world of decentralized finance (DeFi). BENQI was founded by Dan Mgbor in 2021.
sAVAX: The Gateway to Liquid Staking Rewards
sAVAX, the liquid staking token issued through BENQI, represents staked AVAX and allows users to earn interest through Avalanche staking rewards. When users stake their AVAX with BENQI, they receive sAVAX in return, which serves as an interest-bearing version of AVAX.
BENQI: Pioneering Liquid Staking on Avalanche
What sets BENQI apart is its role as the first liquid staking protocol for Avalanche. By bridging the gap between staking rewards and DeFi opportunities, BENQI enables users to maximize their earnings potential. With BENQI Liquid Staking, users can earn rewards for securing the Avalanche network while also exploring the diverse offerings of the DeFi space.
Maximize Earnings with BENQI Liquid Staking
In conclusion, BENQI's innovative approach to liquid staking opens up exciting possibilities for AVAX holders. It provides a flexible staking solution that combines the security of network participation with the earning potential of DeFi, making it a valuable addition to the Avalanche ecosystem.
BENQI offers a liquid staking solution for AVAX on Avalanche, allowing users to stake without lockup periods and earn interest in DeFi.
The founders of BENQI is Dan Mgbor.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of BENQI Liquid Staked AVAX (SAVAX) is ($8,829,806), max supply of BENQI Liquid Staked AVAX SAVAX is ($0) and the market cap of BENQI Liquid Staked AVAX SAVAX is ($244,755,406).
What is the BENQI Liquid Staked AVAX (SAVAX) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of BENQI Liquid Staked AVAX (SAVAX) is $27. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether BENQI Liquid Staked AVAX (SAVAX) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
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