> For the complete documentation index, see [llms.txt](https://docs.avely.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.avely.fi/welcome-to-avely-finance.md).

# Welcome to Avely Finance

Avely Finance is a [liquid staking](https://docs.avely.fi/reference/faq#what-is-liquid-staking) protocol built on [Zilliqa](/zilliqa-blockchain/overview.md) 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](/how-it-works/stzil-token.md) token - a tokenized version of staked ZIL.

[stZil](/how-it-works/stzil-token.md) can be used the same way you would use your ZIL. It's transferable, it can be used in defi protocols.