Anchorage Digital Integrates BENQI's sAVAX for Institutional Avalanche Staking

BENQI released its January performance metrics, showing continued momentum across its Avalanche-based DeFi platform. **Key Highlights:** - **Liquid staking adoption** through $sAVAX continued to grow - **Lending markets** maintained strong utilization rates - **Ecosystem connectivity** expanded as users moved capital between opportunities while staying on-chain The metrics follow BENQI's recent integration with [Binance Wallet](https://www.binance.com) and partnership with [Anchorage Digital](https://www.anchorage.com), both aimed at reducing friction for users entering Avalanche DeFi. BENQI's liquid staking token $sAVAX allows users to stake AVAX while maintaining liquidity for lending, swaps, and other DeFi activities.

BENQI has integrated $NXPC tokens into its lending protocol, creating a bridge between gaming and DeFi ecosystems. The integration allows users to supply $NXPC and earn yields while participating in what the protocol describes as "repeatable onchain loops." **Key Details:** - $NXPC can now be supplied on BENQI Lending to earn passive income - The integration connects players from Nexpace and MapleStory Universe with DeFi users - Creates a shared economic layer where gaming assets and DeFi protocols interact **Technical Implementation:** The integration leverages BENQI's existing liquidity market infrastructure on Avalanche, where users can lend and borrow assets in an over-collateralized manner. By adding $NXPC, the protocol extends its utility beyond traditional DeFi tokens into gaming economies. This represents a practical application of cross-sector blockchain integration, allowing gaming tokens to function within established DeFi protocols while maintaining their utility in their native gaming environments.

**NXPC token is now available on BENQI's Avalanche lending markets** Users can supply NXPC to earn rewards, with full reward details coming this week. **What is NXPC?** - Powers the Nexpace ecosystem and MapleStory Universe Web3 game - Enables true NFT ownership and trading of in-game items - Built on Avalanche for scalability **The ecosystem uses:** - NXPC for transactions - NESO for gameplay mechanics - Avalanche L1 infrastructure This integration brings nostalgic gaming into modern DeFi through [BENQI's lending platform](https://app.benqi.fi/lending).

**BENQI introduces tangible governance** through its new Node Voting system, allowing users to leverage BENQI Miles for enhanced validator rewards. **Key Features:** - Use BENQI Miles to vote for personal validators - Earn increased $AVAX validation rewards - Validator owners can receive delegations from BENQI Liquid Staking - Amplify validation rewards through increased stake **Community Impact:** This system represents a step toward BENQI's goal of becoming a **truly community-led protocol**. Validator operators can now leverage their Miles to boost their node's delegation and rewards. The voting mechanism creates a direct connection between governance participation and financial incentives, making protocol decisions more tangible for users.