BENQI Liquid Staking Reaches New TVL High of 13.​2M AVAX

**BENQI has officially launched its liquid staking protocol on Avalanche**, marking a significant expansion of DeFi services on the network. **Key Features:** - Tokenizes staked AVAX into yield-bearing assets - Enables users to participate in DeFi while earning staking rewards - Complements BENQI's existing liquidity market protocol **What This Means:** Users can now stake AVAX through BENQI and receive liquid tokens that can be used across various DeFi applications. This removes the traditional lock-up period associated with staking, providing greater capital efficiency. The launch strengthens Avalanche's DeFi ecosystem by offering more flexible staking options for AVAX holders.

**TreehouseFi introduces tAVAX strategy** to maximize returns on existing sAVAX holdings. **How it works:** - Deposit sAVAX tokens - Mint tAVAX in return - Earn layered rewards through compound staking The strategy creates a **tokenized, risk-managed loop** that compounds staking yields while unifying lending and staking rates. **BENQI users get special perks:** - 100% Nuts Boost - Ski Goggles badge for holding >2 tAVAX This builds on the existing liquid staking ecosystem, allowing users to **stack additional rewards** on top of their current sAVAX earnings.

**Anchorage Digital** has partnered with **BENQI** to offer institutional-grade access to Avalanche liquid staking. **Key Features:** - Anchorage clients can now stake AVAX directly - Mint and redeem sAVAX tokens seamlessly - Integration powered by BENQI's liquid staking protocol **Impact:** - Extends Avalanche DeFi to trusted institutional platforms - Advances BENQI's mission for global sAVAX adoption - Provides institutions with yield-bearing AVAX exposure This partnership bridges traditional finance with DeFi, allowing institutional investors to participate in Avalanche's staking ecosystem while maintaining liquidity through sAVAX tokens.

**BENQI strengthens its position as Avalanche's liquid staking foundation** with expanded sAVAX integrations across partner protocols. **Key developments:** - Partner protocols now integrate sAVAX directly into their platforms - sAVAX works seamlessly across DEXes, lending markets, and restaking protocols - Users can simultaneously earn staking rewards while using sAVAX for other DeFi activities **Multi-utility benefits:** - Provide liquidity in pools while earning staking rewards - Use sAVAX as collateral for borrowing - Participate in restaking protocols - Maintain capital efficiency across the ecosystem **Previous momentum:** - Boosted LP rewards launched for tAVAX-sAVAX pairs with extra QI tokens - Zero fees and no lock-up periods maintain user flexibility This expansion demonstrates **growing adoption of liquid staking** on Avalanche, allowing users to maximize their AVAX utility without sacrificing staking rewards.

BENQI is set to launch significant user interface improvements, as announced by Co-Founder @born2hodl at the Avalanche Summit LATAM. The upgrade focuses on three key areas: - Enhanced user experience with streamlined asset management - More intuitive interface design - Implementation of Optimistic Finality UX These changes aim to simplify DeFi interactions while maintaining advanced functionality under the hood. The new interface will offer faster navigation and more efficient asset management capabilities.