[frakasseParticipant]

Hi everyone i would like to know where is the best and safest place to stake avax. I dont have 25 avax so avax wallet isnt an option for me. Im wondering wich plateform offer the best apy. If i want to stay safest possible is my only option aave or benqi?

[_Zazu95_]

I’d like to know as well also is there a wallet extension or do u guys use ledger live to view token?

[Monskiactual]

aave, you get 7.79% and you can loan against it too

[erkuserdem]

canary exchange gives you 12% it’s safe and secure aa they are one of firsts on Avalanche

[crap_punchline]

AAVE has some of the most battle tested contracts going, nothing is 100% secure but Id be slinging my money in that if I wanted to stake avax

[kinnth]

I 3rd AAVE for safety. You can also use yieldyak to compound your gains upto around 13% for you but it adds another layer that could be hacked. Making it around half as secure as just aave. I’ve been using yield yak for over a year and never had an issue. That’s a lifetime in crypto!

[larousse33]

Benqi

[lucon]

You can lend your avax to the degens on Alpha homora for some nice apy. Granted, that the apy is variable, relative to the borrowing utilization.

But the avax lp pair pools are popular enough for a consistent apy around 18-20%. Right now it’s sitting at 36% apy.

[Ghola_Mentat]

I have mine in the traderjoe vault on beefy.finance. The problem with using Aave is wasting gas claiming rewards. Beefy’s autocompounding gets around that. As for choosing the traderjoe vault, it came down to that and Aave. traderjoe offered a better APY at a similar risk rating. Although, I do trust Aave more. Right now my APY is 12.14%, but it varies and was as high as 20% when I started.

[AvailableSh1rt]

Yield Yak

[EzerchE]

Hi, you can check canary.exchange for very high APR’s. It’s one of the very first Dex’s on Avalanche.

[knowledgelover94]

Yield yack 18% APY

[Checkersphoto]

dont stake it, lend it on Trader Joe for 10.5% APY and $JOE rewards

and u can borrow against it

[Longjumping-Tie7445]

Not sure I would call it “staking”, but you can “provide liquidity” on something like Aave. Some have already recommended, but I’ll 2nd or 3rd or 4th that recommendation since Aave has basically a 0% chance of being a scam/rug pull, and it is just about as secure as you can find in the DeFI space with a long track record.

[eavMarshall]

You could lend it out for 26% apr auto compounding on imperial max, it’s fairly safe. Will liquidate the borrower if they no longer can pay you

[r6nclassic]

Turn it to $time baby. 🐸

[aaron-cesaro]

I’m lending AVAX on Kucoin for 48% APY

[Author]

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