Rebasing tokens change your balance as rewards arrive. sAVAX doesn't.
A fixed balance makes it easier to supply, pool or use a token as collateral without needing a wrapper. The yield is reflected in the exchange rate instead 🔺
Measuring $sAVAX returns:
You hold 100 sAVAX.
The exchange rate moves from 1.10 → 1.12 AVAX.
Your balance: still 100 sAVAX
Your position: 110 → 112 AVAX
The return shows up in AVAX value, not token count. 🔺
@TheSaadKaiser بھائی جس طرح تم اٹھاتے ہو ناں تم بہت اوپر تک جاؤ گے کیونکہ تمہیں چاٹنا 👅 آتا ہے. یقین کریں یہ سعد نامی بندہ آپ کو بہت اوپر جاتے نظر آئے گا بہت بڑا چاٹو ہے. اس کی وزارت پکی ہے. 😂
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🔺 Important update for BENQI users with PAUSED market positions.
BENQI is reducing collateral factors for PAUSED assets in Core Markets, starting with $QI.
Sept 3, 09:00 UTC - collateral factor 40% → 20%
Sept 10, 09:00 UTC - 20% → 0%
Active Core Markets are NOT affected.
Details 👇
sAVAX isn't just for DeFi natives anymore. 🔺
What started as a liquid staking token minted through BENQI can now be accessed across Avalanche DeFi and supported through institutional infrastructure like Anchorage Digital.
Freshman Questions explores how access to sAVAX is evolving 👇