1H
-0.94%$0.0000
24H
0.84%$0.0000
7D
0.54%$0.0000
30D
-6.08%$0.0001
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.
Among the emerging meme coins winning the crypto space is FarmerDoge due to the outstanding model of operation it adopts. Here’s all you need to know about the meme-influenced unique crypto asset with a multi-currency feature – FarmerDoge coin.
The guide provides an explanation of the Cosmos network that aims to solve the typical scalability issues, provide a marketplace for the outstanding number of networks in the space, and lay down a more beneficial protocol for the community with a unique and scalable network for blockchains.