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BENQI (QI) Price

BENQI#538
DeFi
AMM
Avalanche
Liquid (Re)Staking
0-2.89%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply7.20B
Issue Date2021-04-28
24H Volume (USD)--
Total Supply7.20B

QI News

View all
  • AVAX One interim CEO Pete Wylie has said $33 million in non-cash charges accounted for most of the companyโ€™s $35.1 million second-quarter loss as staking helped revenue rise to $2.8 million. Summary AVAX Oneโ€™s adjusted net loss was $2.2 million after excluding $33 million in non-cash charges. Staking generated $2.1 million as quarterly revenue rose from approximately $500,000 to $2.8 million. The company held 14.09 million AVAX and equivalents, with roughly 95% actively stake...

    crypto.newsยท08-21 19:01
  • Our goal is not making Proof-of-Work slightly faster. It is rebuilding PoW for payments, smart contracts, privacy, and real economic activity. This Quai Friday, weโ€™re discussing privacy in free markets and how we scale it to 50,000 TPS+ with $QI. Join us at 11 AM CDT:

    QuaiNetworkยท08-20 22:36
  • The idea behind PAYG (Pay As You Go) is simple. You donโ€™t need to lock up 2,000 AVAX upfront. You cover a weekly fee, BENQI supplies the stake, and you get on with running your validator on @avax. The barrier doesn't exist anymore. ๐Ÿ”บ๐Ÿ‘‡

    BenqiFinanceยท08-20 13:45
  • BENQI has two market types, built around different risk profiles. Core Markets: Pool established assets for deep liquidity and shared risk. Isolated Markets: Ring-fence newer or more volatile assets, keeping their risk contained. ๐Ÿ”บ

    BenqiFinanceยท08-19 14:15
  • Avalanche runs three chains, each with a job. The P-Chain coordinates validators and is where staking happens. Normally, that means moving your $AVAX to the P-Chain. With BENQI, you never leave the C-Chain. ๐Ÿ”บ

    BenqiFinanceยท08-16 14:30
  • Institutions can't hold crypto in a wallet. Regulation means a qualified custodian holds it for them. Anchorage Digital, the first federally chartered digital asset bank in the US, custodies $sAVAX. That's how institutional money reaches BENQI. ๐Ÿ”บ

    BenqiFinanceยท08-15 13:45

QI Info

1. Project introduction

BENQI is a non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.

BENQI aims to alleviate these problems by providing a Liquidity Market Protocol on a highly scalable and decentralized platform. With a focus on approachability, ease of use, and low fees, BENQI will democratize access to decentralized financial products by providing permissionless lending and borrowing where users can:

(1) Instantly supply to and withdraw liquidity from a shared liquidity market;

(2) Instantly borrow from a liquidity market using their supplied assets as collateral;

(3) Have a live and transparent view of interest rates around the clock based on the asset's market supply and demand.

2. Investment institution

Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan, TRGC, etc.

3. Application and distribution

Token application:

The QI token is a native asset on Avalanche and oversees the entire ecosystem of the BENQI protocol including future iterations of the protocol.

Token distribution:

Liquidity Mining Program: 45%

Token Sale: 25%

Treasury: 15%

Team: 10%

Exchange Liquidity: 5%

FAQ

What time does QI open?
Unlike the traditional stock market, BENQI (QI) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.

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AIAI Research

QI Consolidates Amid Weak Momentum and Macro Uncertainty

AMM
APY3.2%

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