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Steakwallet Launches AVAX Liquid Staking Via Benqi Finance

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

Steakwallet announced via Twitter on Monday that it now supports AVAX liquid staking via Benqi Finance, Avalanche’s liquid staking protocol.

Steakwallet, a platform that allows multi-chain staking, announced via Twitter on Monday that it now supports AVAX liquid staking via Benqi Finance, Avalanche’s liquid staking protocol. Steakwallet users can now natively liquid stake AVAX via BENQI and gain access to AVAX staking rewards

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.

AVAX has lost more than 5% of its value so far today and currently trades at $67.20 per coin.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.