An algorithmic liquidity market protocol built on Avalanche. With a focus on ease-of-use and low fees, the BENQI protocol will enable the birth of a new generation of open financial applications, further democratizing access to DeFi for the masses.
BENQI Closes $6M Strategic Round to Create Algorithmic Liquidity Market on Avalanche
BENQI is a decentralized 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.
Thu, Apr 15, 2021 9:47 PM