Avalanche Liquid Staking
Ankr Staking offers Avalanche token holders the opportunity to stake AVAX and in return claim Avalanche Liquid Staking tokens — ankrAVAX (ex-aAVAXc).
ankrAVAX is a reward-bearing token, meaning that the fair value of 1 ankrAVAX token vs. AVAX increases over time as staking rewards accumulate inside the token.
ankrAVAX also offers instant liquidity for your staked AVAX, enabling you to connect ankrAVAX with DeFi platforms and earn several more layers of rewards.
There are no more new stakes getting aAVAXb token. However, old stakes with aAVAXb keep generating you rewards. You can also switch aAVAXb for ankrAVAX now (opens in a new tab) (supply is limited).
AVAX Liquid Staking smart contracts have undergone an external audit by Beosin Blockchain Security:
For information on AVAX Liquid Staking smart contracts, visit AVAX development details.
Avalanche Liquid Staking supports several options, including hot and cold wallets. View a complete list at Compatible wallets.
aAVAXb is still tradable on the following Decentralized Exchanges on Avalanche network:
As we're seizing active support of aAVAXb, we suggest you switch aAVAXb for ankrAVAX now (opens in a new tab) (supply is limited).
ankrAVAX is tradable in Ankr DeFi (opens in a new tab).
- Ankr token holders can gain access to instant liquidity pools. This allows them to sell 1 ankrAVAX against 1 AVAX instantly and subject to the instant liquidity pool capacity.
- 3% of the allocated AVAX tokens to Ankr Staking will not be staked and will remain unstaked.
- ankrAVAX holders indirectly bear the cost of the instant liquidity pool, which will represent 3% of the staking rewards due to the missed opportunity to stake AVAX. Therefore, the total cost for ankrAVAX holders will be the 2% technical service fee, plus 3% missed opportunity to stake AVAX, which equals 4.94% (no service fee applied to 3% instant liquidity pool).