BENQI Launches Node Voting System Using Miles for AVAX Validation Rewards

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.

**Anchorage Digital has integrated BENQI's liquid staking solution**, enabling institutional clients to stake AVAX and mint sAVAX directly through their platform. **Key Integration Benefits:** - Seamless AVAX staking and sAVAX minting for institutional clients - Access to Avalanche's liquid staking ecosystem at institutional scale - Built on sAVAX's proven reliability and composability **BENQI's Growing Dominance:** - 23.3M AVAX currently staked (+5.7M month-over-month) - sAVAX represents 4.3% of all AVAX in circulation - Over 63,000 active stakers using the protocol This partnership extends **institutional-grade access** to Avalanche DeFi, allowing clients to earn staking rewards while maintaining liquidity for other DeFi activities across the ecosystem.

**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).