Decentralized liquidity protocol on Avalanche with governance token.
BENQI is a decentralized lending/borrowing protocol on Avalanche, enabling users to earn interest and borrow assets with ease.
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What is BENQI (QI)?
BENQI is a decentralized, non-custodial liquidity market protocol built on Avalanche. It allows users to easily lend, borrow, and earn interest on digital assets. Liquidity providers can generate passive income, while borrowers can access over-collateralized loans. BENQI aims to solve existing problems by offering a highly scalable, decentralized platform focused on user-friendliness, low fees, and open access to decentralized financial services. Users can instantly deposit and withdraw assets, borrow against their collateral, and view real-time interest rates determined by supply and demand. To engage with the protocol, users deposit accepted assets, earning interest based on market demand, and can utilize their deposits as collateral for borrowing other assets. Deposited funds are manage...
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BENQI price live information
As of now, BENQI is trading at 0.00606 USD, with a 24-hour trading volume of approximately 49.75K USD. The QI to USD price is updated in real time. Over the past 24 hours, BENQI has increased by 12.56%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 40.44M USD. Currently, there are 6 673 387 332 QI in circulation out of a maximum supply of 7 200 000 000 QI.
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