BENQI

BENQI (QI) is a premier Decentralized Finance (DeFi) hub built on the robust Avalanche Ecosystem, offering a comprehensive suite of services including Lending & Borrowing, Liquid Staking, and validator bootstrapping. Users can maximize their digital asset holdings by earning interest through lending or borrowing against their crypto with low fees and fast transactions. Through its Liquid Staking protocol, AVAX holders can stake their assets to receive sAVAX, a liquid staking governance token that continually accrues value and can be utilized across various DeFi protocols. Furthermore, BENQI simplifies running an Avalanche blockchain validator with its "Ignite" program, allowing users to rent AVAX by staking QI or opting for a pay-as-you-go model. The QI token also empowers "Node Voting," enabling users to earn AVAX rewards by directing Liquid Staking delegations. With a recently revamped frontend, BENQI aims to provide a seamless and accessible experience for all users, from DeFi newcomers to seasoned participants within the Avalanche blockchain.

Categories:

DeFiYield FarmingBinance Launchpool+5 More

View Security Audit

BENQI Price prediction (AI analysis)

Deep Research

Latest developments in BENQI