Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
sAVAX staking volume突破 997 万枚,Benqi 成为市场动荡期的优质收益选择
The leading DeFi protocol in the Avalanche ecosystem, Benqi Finance, is once again experiencing a peak in growth. The cumulative staking amount of its liquid staking product sAVAX has recently surpassed 9.97 million AVAX, equivalent to approximately 190 million USD, setting the highest level since the historical peak in November 2024, and this value continues to rise.
According to on-chain data from Flipside Crypto, this rapid growth trend indicates that amidst the current market filled with uncertainty, more and more funds are flowing into Benqi in pursuit of the dual goals of stable returns and asset efficiency.
Stable annualized 5.23%, sAVAX stands out in a volatile market.
Benqi's sAVAX product offers an annual percentage rate (APR) of approximately 5.23%, making it a standout on-chain yield tool in the current market. Users can acquire sAVAX by staking AVAX, allowing them to earn staking rewards while still retaining asset liquidity, which can be widely used across various DeFi protocols for efficient asset utilization.
Since sAVAX will automatically appreciate based on rewards, users do not need to manually claim earnings, allowing for continuous compound growth, which is especially suitable for stable asset management during market fluctuations.
Smart money is on the move: stop letting your AVAX sit idle!
Recent on-chain data shows that an increasing amount of "smart money" is flowing into Benqi. As the market adjustment period continues, liquid staking has become an important channel for capital hedging and appreciation. With its robust mechanism, transparent data, and good user experience, Benqi is gradually becoming an indispensable core infrastructure in the Avalanche ecosystem.
If your AVAX is still idle, now is the time to rethink your asset allocation strategy. Staking AVAX as sAVAX not only allows you to earn returns but also enables you to participate in a broader Decentralized Finance ecosystem, enhancing asset efficiency.
● Flipside Crypto: Benqi Finance Dashboard
● Official Tweet Source: X.com - @0x_Ali3N