Projects

BENQI Liquid Staking - Logo

BENQI Liquid Staking

Liquid staking

Price

N/A

Chains

Avalanche - Logo

1 chain

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What is BENQI Liquid Staking?

BENQI Liquid Staking is the liquid staking derivative business line of BENQI. BENQI was founded by an international team of software developers and launched in 2021.

How does BENQI Liquid Staking work?

Stakers deposit funds into BENQI and receive a return on investment in the form of staking rewards (supply-side fees).

Who governs BENQI Liquid Staking?

BENQI tokenholders own and govern the BENQI protocol, including the BENQI Liquid Staking business line. They currently take a cut of the total staking rewards earned by the protocol (revenue). BENQI's investors include Dragonfly Capital, Mechanism Capital, Spartan, etc.
ExpenseExternal validators share of fees$2External validatorsRevenueBENQI's share of fees$10Connects stakers and PoS blockchainsSupply-side feesStakers' share of fees$90StakersFeesStaking rewards$100PoS blockchains
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.