BENQI
QI
BENQI (QI) Feed: Events, News & Roadmap
BENQI to Hold AMA on X on January 26th
BENQI’s co-founders along with Codebase director will host an AMA on X on January 26th at 14:00 UTC. The focus of the discussion will be on how servic…
Ignite Launch
Introducing Ignite– the new base layer protocol for decentralized staking, designed to reduce costs to run Avalanche validator nodes by up to 10x
AMA on Twitter
Join to an AMA on Twitter
AMA on Twitter
Join to live stream on Twitter
AMA on Twitter
AMA will be held on Twitter
AMA on Twitter
AMA on Twitter
Delisting QI/BNB Trading Pair From Tokocrypto
AMA on Twitter
Coinbase Wallet Integration
AMA on Twitter
Listing on AEX
Listing on FTX
Listing on Crypto.com Exchange
Listing on XT.COM
Listing on Binance
AMA on Discord
Listing on Bitrue
Rome Terminal Integration
BENQI Collaboration
BENQI Events on the Chart
What is BENQI?
BENQI is a DeFi protocol developed on the Avalanche network, comprising two main components: BENQI Liquid Staking (BLS) and BENQI Liquidity Market (BLM). BLS provides a liquid staking solution for Avalanche, allowing users to earn yields on staked capital, while BLM facilitates a lending and borrowing environment for crypto-assets through smart contracts.
The operational mechanism of BENQI involves BLS, which enables users to stake with Avalanche validators and use the staked assets without lock-up periods. BLM, on the other hand, operates as a lending and borrowing protocol on the Avalanche network, allowing users to lend, borrow, and earn interest on their crypto assets. The protocol is fully automated through smart contracts, calculating yields algorithmically based on supply and demand, and enabling over-collateralized borrowing.
QI is the native token of BENQI, serving dual roles as a governance and utility token. It is essential for managing and voting on proposals within the BENQI DAO, influencing the protocol’s direction, including economic policies, security upgrades, and further development. Additionally, QI allows for staking, earning delegation rewards, and provides enhanced functionality within the BENQI ecosystem.