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.
Audit details
AVAX Liquid Staking smart contracts have undergone external audit by Beosin Blockchain Security. To learn more, view:
Smart contracts
Visit AVAX development details for the addresses of AVAX Liquid Staking smart contracts.
Market liquidity
aAVAXb is tradable on the following Decentralized Exchanges on Avalanche network:
aAVAXc is tradable in Ankr DeFi.
Unstaking
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
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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.
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3% of the allocated AVAX tokens to Ankr Staking will not be staked and will remain unstaked.
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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).