Staking & Unstaking

Staking

To stake AVAX on BENQI Liquid Staking:

1. Connect your wallet

2. Input the desired amount of AVAX to be staked

3. Click on Stake

4. Receive sAVAX in the same wallet

There is a 15 day unstaking cooldown period for staking AVAX on BLS. For instant conversions between sAVAX and AVAX, please visit the DeFi tab on the app to access Automated Market Makers(AMM) offering sAVAX <> AVAX swaps. Do note that AMM fees may apply for swaps.

Staking AVAX on BLS

Unstaking

To unstake sAVAX on BENQI Liquid Staking:

1. Connect your wallet

2. Input the desired amount of sAVAX to be unstaked

3. Click on Unstake

4. Your request will be shown in the Unstake Requests tab

5. AVAX will be claimable after 15 days in the Active Claims tab below

There is a 15 day unstaking cooldown period for staking AVAX on BENQI Liquid Staking. For instant conversions between sAVAX and AVAX, please visit the DeFi tab on the app to access Automated Market Makers(AMM) offering sAVAX <> AVAX swaps. Do note that AMM fees may apply for swaps.

Redeemable AVAX will be claimable in the Active Claims tab after 15 days

Claiming AVAX

Claims Tab

Unstake Requests

After the unstake request has been submitted, there is a 15 day cooldown period before AVAX is claimable. This request will be shown here, along with the earliest redeemable time and a cancel request. After the 15 day cooldown period, AVAX will be claimable under Active Claims.

Rewards are still accruing during the 15 day unstake request

Active Claims

AVAX will be claimable here after the 15 day cooldown period. You will be able to claim AVAX within the 2 day redemption period. If you do not claim it after the 2 day redemption period, your request expires and will appear on the Expired Requests tab.

Expired Requests

If you do not claim your unstaked AVAX within the 2 day window above, your AVAX would automatically be matched with validators on the Avalanche network again.

Your original sAVAX amount will be available to be reclaimed under Expired Requests. Once claimed, you will need to undergo the unstaking process again.