
Avely Finance
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DeFi
Status
What is Avely Finance?
Avely Finance is a liquid staking protocol built on Zilliqa blockchain. It allows users to earn staking rewards without locking their funds.
Users can delegate ZIL or transfer staked ZIL to Avely Finance smart contract. The smart contract stakes ZIL, automatically claims ZIL rewards and restakes them. In return users get stZil token - a tokenized version of staked ZIL.
stZil can be used the same way you would use your ZIL. It's transferable, it can be used in defi protocols.
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