Avalanche Liquid Staking
Ankr Staking offers Avalanche token holders the opportunity to stake AVAX and in return claim Ankr Avalanche Liquid Staking tokens — aAVAXb and aAVAXc.
- aAVAXb is a reward-earning token, meaning that rewards from AVAX staking will be distributed daily through rebasing and aAVAXb holders' balance in their wallet will increase on a daily basis.
- aAVAXc is a reward-bearing token, meaning that the fair value of 1 aAVAXc token vs. AVAX increases over time as staking rewards accumulate.
aAVAXb is tradable on the following Decentralized Exchanges on Avalanche network:
aAVAXc is tradable in Ankr DeFi.
From the Ankr Staking dashboard, you can choose to Unstake and redeem aAVAXb/aAVAXc. Wait for up to 28 days to redeem aAVAXb/aAVAXc for AVAX.
Unstaking means that aAVAXb has an elastic supply contributing to a robust price stability mechanism without relying on having large amounts of tokens in liquidity pools to ensure token price stability.
Access Instant Liquidity Pools
Ankr token holders can soon gain access to instant liquidity pools. This allows them to sell 1 aAVAXb 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.
aAVAXb/aAVAXc 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 aAVAXb/aAVAXc holders will be 2% service fee, plus 3% missed opportunity to stake AVAX, which equals 4.94% (no service fee applied to 3% instant liquidity pool).