BENQI (QI) is a decentralised finance (DeFi) liquidity market protocol which is built on Avalanche.
You may want to stake QI tokens on the QI DeFi platform, and you are looking to add the native QI token to your Metamask wallet.
However, you will need to import QI as a custom token.
Here’s what you need to know.
How to add QI to Metamask
Here are 3 steps to add QI to Metamask:
- Go to Metamask and ensure that you are using the Avalanche Network
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Confirm the addition of QI to your Metamask wallet
And here is each step explained:
Go to Metamask and ensure that you are using the Avalanche Network
The first thing you’ll need to do is to ensure that you are using the Avalanche Network on Metamask.
If you have not set up the Avalanche Network on your Metamask wallet, you can check out this step-by-step guide here.
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Avalanche Network, the next step will be to select ‘Import Tokens‘.
On the ‘Search‘ tab, you can search and select QI as the token that you wish to import.
Alternatively, you can go to the “Custom Token” section.
After copying the Avalance C-Chain contract from CoinMarketCap,
you can paste it in the “Token Contract Address” field in Metamask.
If you pasted the correct contract address, QI should automatically appear as the Token Symbol.
Confirm the addition of QI to your Metamask wallet.
The last step you will need to do is to confirm importing QI one more time.
Once you’ve successfully imported QI to your Metamask wallet, you should see it as one of your assets under the Avalanche C-Chain Mainnet.
Conclusion
QI is a native token of the Avalanche Network, hence you can deposit QI to your Metamask wallet via this network.
This process is similar to how you would import TIME or MEMO to your Metamask wallet.
After adding and receiving your tokens to your Metamask wallet, you can consider using decentralised exchange (DEX) aggregators, including:
Since both platforms are DeFi aggregators, they will ensure that you will get the best rates for any swaps that you make!
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