1H
0.27%$0.0000
24H
-2.85%$0.0002
7D
-4.52%$0.0004
30D
-0.68%$0.0001
Binance announced the addition of BENQI (QI) to its Launchpool, granting users the ability to start farming from tomorrow.
BENQI is a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network. The protocol allows users to lend, borrow, or earn interest using their digital assets.
The team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets. One of the goals of BENQI is to become a cross-chain hub, connecting Ethereum, Polkadot and Binance Smart Chain (BSC) through the Avalanche subnets.
BENQI was founded in 2021 with $6 million in backing. Among its strategic investors are Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc.
DeFi 2.0 is simply a short description of the second generation of decentralized finance. This guide explores all that is concerned with DeFi 2.0 and its relevance in the tech space.
In the following guide, we will talk about bid and ask prices in theory and look at them from a practical perspective, using real examples to make it easy to grasp the dynamics of bid and ask price formation.
