BENQI is a Decentralized Finance (DeFi) liquidity market protocol, built on Avalanche. The BENQI Protocol consists of:
1. BENQI Liquidity Market (BLM)
2. BENQI Liquid Staking (BLS)
The BENQI Liquidity Market (BLM) protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol earn yield, while borrowers are able to borrow in an over-collateralized manner.
The BENQI Liquid Staking (BLS) protocol is a liquid staking solution that tokenizes staked AVAX to grant users the ability to utilize the yield-bearing asset within Decentralized Finance applications.
For more information, please visit https://docs.benqi.fi
1. BENQI Liquidity Market (BLM)
2. BENQI Liquid Staking (BLS)
The BENQI Liquidity Market (BLM) protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol earn yield, while borrowers are able to borrow in an over-collateralized manner.
The BENQI Liquid Staking (BLS) protocol is a liquid staking solution that tokenizes staked AVAX to grant users the ability to utilize the yield-bearing asset within Decentralized Finance applications.
For more information, please visit https://docs.benqi.fi
Employees: 1-10
Founded date: 2020
Investors 13
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Mentions in press and media 4
| Date | Title | Description |
| 23.06.2022 | Сравнение гетерогенных блокчейнов (Cosmos, Polkadot, Avalanche) | Введение В рамках подготовки образовательного курса “Разработчик смарт-контрактов” (подробности в конце этой статьи) мы подготавливаем серию статей и переводы лучших статей про блокчейн платформы третьего поколения, разработку под которые м... |
| 23.03.2022 | What Is Avalanche? A Look at the Popular ‘Ethereum-Killer’ Blockchain | Decentralized finance (DeFi), which is a term for crypto-based financial services and products like lending and borrowing, is a major use case for Ethereum, the largest smart contract-focused blockchain. But the problem with Ethereum, accor... |
| 25.08.2021 | BENQI, an Avalanche Lending Protocol, Crosses $1B in TVL Only Days After Launch | BENQI, an Avalanche lending protocol, has reached $1 billion in total value locked (TVL) only a few days after it launched. It took DeFi lending platform Aave (AAVE) 8 months to hit the billion-dollar mark. As mentioned in the announcement,... |
| 24.08.2021 | Avalanche Lending Protocol BENQI Reaches $1B Total Value Locked a Few Days After its Launch | Avalanche lending protocol BENQI has reached $1 billion in total value locked (TVL) only a few days after its launch. BENQI, an algorithmic liquidity market protocol, has managed to attract more than $1 billion in total assets to its “decen... |