🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
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Event ends: August 9, 16:00 UTC
More details: https://www
A New Era of Capital Efficiency with BENQI: Achieve Up to 95% LTV Leverage with sAVAX?
If you are still just staking AVAX on Avalanche, now is the time to take the next step.
Did you know? By further using staked assets for leverage operations, you can not only earn returns but also release more liquidity!
Step 1: Stake AVAX on BENQI to earn sAVAX!
By using BENQI's Liquid Staking feature, you can stake AVAX to obtain sAVAX.
sAVAX is a liquidity token that reflects staking interest and can be flexibly used in DeFi.
Step 2: Use sAVAX as collateral → Borrow on Silo Finance with LTV up to 95%!
sAVAX is not just a "yield token"; now you can also use it as collateral to borrow on Silo Finance.
Currently supports a maximum collateral rate of 95%, and even supports a 20x leverage strategy.
→ Earn staking rewards while gaining liquidity and expanding your operational space!
Recommended for these users:
● Those who hold AVAX but do not know how to utilize it more efficiently. ● Users who have already staked but feel their funds are "locked up". ● If you want to improve asset utilization efficiency and deeply explore DeFi leverage strategies
Experience Now:
BENQI stake page: Silo Lending Entrance: