What is Deq?

Deq is a native liquid staking platform for Avail tokens on Ethereum.

What is stAVAIL?

stAVAIL is an ERC20 token on Ethereum that represents your staked Avail tokens. It accrues value over time based on staking rewards distributed on the Avail network. Since it is not a rebasing token (i.e. your balance does not change over time), it can easily be integrated in most of DeFi protocols.

How do I withdraw stAVAIL?

You can withdraw your stAVAIL via liquidity pools or natively via the protocol. Exchange rate will vary on the liquidity pools based on market conditions. The native withdrawal will always be at a pre-defined ratio with AVAIL, but it may take up to 28 days to process your withdrawal request due to the Avail network's unbonding period.

How does Deq offer the best rates for swaps?

Our swap feature is powered by the 0x API, which acts as a liquidity aggregator and routes your swap to the liquidity provider (such as Uniswap or Sushiswap) with the best rates. We charge a 0.3% fee on swaps to ensure the sustainability of the protocol.

How do I earn Deq points?

Deq points are earned based on the time you have held stAVAIL in your wallet as well the amount held. This also applies to assets that are provided on the Sophon farm. There will also be more pathways to earn Deq points in the future.

What is the reward fee?

Currently the Deq protocol charges a flat 10% fee on rewards earned (in AVAIL). This value has been chosen carefully based on a long-term intention of running a sustainable protocol that rewards all validators and users effectively. This value can also be updated once the protocol fully decentralizes and a full governance mechanism is established.