Avely Finance

Avely is a pioneering liquid staking protocol on the Zilliqa blockchain, offering unique benefits to its users. Leveraging the power of DeFi, Avely provides a solution that enables users to stake their ZIL tokens and earn returns, while also maintaining the full liquidity of their staked assets. This is achieved through the issuance of the stZIL token, a representation of staked ZIL within the Avely ecosystem.

One of Avely’s standout features is its auto-restaking mechanism, which automatically restakes earned rewards on the Zilliqa staking contract on behalf of users. This amplifies the compounding effect, maximizing the earning potential over time.

In addition to the staking protocol, Avely also features a stZIL/ZIL swap. This swap allows users to instantly exit their staking position if desired, providing unprecedented flexibility and control over their staked assets.

Ultimately, Avely’s liquid staking protocol is transforming the way users stake on Zilliqa, promoting greater utility and liquidity, while enhancing the overall DeFi experience.