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  1. Ignite

PAYG

Last updated 1 month ago

Ignite has two different products:

  • Pay As You Go (PAYG): No AVAX is required upfront, there are minimal rewards, and it is perfect for short-term users or experimenters like MEV Solvers looking to test validators without large capital commitments.

  • Stake: Users can stake 200 AVAX worth of QI, with BENQI supplying all the AVAX needed to launch a validator. User covers the hosting fee to run the validator whilst earning QI rewards.

Pay As You Go (PAYG)

The PAYG option lends AVAX to users, reducing the capital requirements for launching an Avalanche validator. Users can rent the AVAX needed for validation by paying a weekly fee, without providing a large upfront stake.

Users simply pay the required fee (in AVAX, USDC, or QI), input their NodeID, and select the staking duration. BENQI will provide the entire 2,000 AVAX needed to launch a validator, while the user earns no staking rewards but gains full access to the validator’s operation for the duration of the rental period.

This option is ideal for users who want to experiment with running a validator for a short period or do not have the full AVAX required to operate a validator. For example, MEV Solvers or projects testing out the market.

  • Minimum Stake: 0 AVAX

  • Minimum Fee: 4 AVAX per week. Charged weekly based on the staking duration, with a 5% discount for payments made in QI.

Two examples include:

  • 1-week rental: Pay 4 AVAX upfront, and BENQI will provide the full 2,000 AVAX required for validator staking for one week.

  • 4-week rental: Pay 15 AVAX upfront, and BENQI will provide the 2,000 AVAX for validator staking over a month.

🔥
PAYG is ideal for teams optimizing their operating expenses. There is a one-time fee, no staking requirement, and pricing begins at 4 AVAX per week.