1H
0.82%$0.0001
24H
-4.09%$0.0003
7D
0.29%$0.0000
30D
-0.06%$0.0000
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.
Find the key tips and tricks about importing, exporting, storing, and managing private keys in various cryptocurrency wallets.
Find here everything you need to know about the advanced Internet Computer Protocol – a blockchain that aims to replace the Internet and break the monopoly of tech giants.