Benqi

About Benqi

BENQI (QI) is a decentralized non-custodial liquidity market protocol built on the Avalanche blockchain. It allows users to lend, borrow, and earn interest on digital assets without relying on a central authority. Depositors can earn passive income by supplying liquidity, while borrowers access funds through an over-collateralized model. BENQI also offers a liquid staking product, sAVAX, enabling users to stake AVAX while retaining liquidity. As part of the growing Avalanche DeFi ecosystem, BENQI benefits from the network's high throughput and low transaction fees.