BENQI Price

Market Stats
Name | Price | Price change(24h) | Market cap | Circulating Supply |
|---|---|---|---|---|
QI BENQI | N/A | N/A | N/A | N/A |
QI BENQI
|
What is BENQI (QI)?
BENQI (QI) is the native token of BENQI, a decentralized non-custodial liquidity market and liquid staking protocol built on the Avalanche network. Falling within the Decentralized Finance (DeFi) ecosystem, the protocol allows users to lend, borrow, and earn interest on their digital assets.
BENQI differentiates itself by functioning as an algorithmic liquidity market and liquid staking protocol natively built on Avalanche. It enables users to lend, borrow, and earn passive income with digital assets in a non-custodial, decentralized environment, supporting over-collateralized borrowing and liquid staking governance.
Within the BENQI ecosystem, the token functions as a liquid staking governance token, enabling holders to participate in governance decisions across the protocol's liquidity market and liquid staking infrastructure.
Users can engage with the protocol to lend, borrow, and earn interest on digital assets. Depositors provide liquidity to the protocol to generate passive income, while borrowers can access funds in an over-collateralized manner. Additionally, token holders can utilize QI for liquid staking governance.
BENQI addresses the need for decentralized, non-custodial liquidity and liquid staking solutions within the Avalanche ecosystem. It allows users to effortlessly access liquidity and borrow in an over-collateralized structure, while simultaneously offering depositors a way to put idle assets to work and earn interest via DeFi liquidity markets.
Last update:
Technical Analysis
Exclusive tools
Explore exclusive tools from SwissBorg to empower your journey to financial freedom.


