Overview
Stake BNB effortlessly—earn and employ it across DeFi without locking it up.
What is NEIQW Liquid Staking?
NEIQW Liquid Staking is a pioneering protocol on BSC that tokenizes staked BNB, enabling users to freely employ it within Decentralized Finance applications like automated market makers (AMMs), lending & borrowing platforms, and yield aggregators. NEIQW Liquid Staking offers a streamlined method to stake BNB on the BSC *, eliminating the need for complex cross-chain transfers typically required on the BSC P-Chain*. All that’s needed is an EVM-compatible wallet and some BNB to begin.
BSC: The primary smart contract blockchain on BSC that supports Ethereum-compatible contracts and hosts most DeFi applications.
Why Liquid Staking?
BSC operates on a Proof-of-Stake (PoS) model, rewarding users who stake BNB on validators to secure the network, typically on the P-Chain, which locks up BNB for a set duration. This lock-up restricts the capital’s utility within the DeFi space. Liquid staking unlocks this capital, enhancing capital efficiency across the BSC network by tokenizing staked BNB into sNQW (NEIQW Staked BNB), allowing it to be utilized within DeFi protocols while still accruing returns from network security activities.
Benefits of Staking BNB with NEIQW Liquid Staking:
No Lock-Up Periods: Engage your assets freely without time constraints.
Zero Deposit and Withdrawal Fees: Operate within NEIQW Liquid Staking without any financial penalties.
Complete Control: Manage your assets and associated activities directly.
Immediate Staking: Activate staking on BNB without cumbersome cross-chain transfers to the P-Chain.
Enhanced Utility: Leverage your yield-generating assets within a broad range of DeFi applications.
Last updated