Benqi

About Dapp

BENQI (QI) is a decentralized finance (DeFi) protocol that offers lending, borrowing, and liquid staking services. It offers two main protocols: BENQI Liquid Staking (BLS) and BENQI Liquidity Market (BLM). BLS tokenizes staked AVAX, enabling users to utilise the yield-bearing asset within DeFi applications. BLM allows users to lend, borrow, and earn interest on their crypto assets. 

Users can stake AVAX on BLS to receive a yield-bearing asset called sAVAX. This asset earns yield from Avalanche validator rewards. sAVAX can be freely transferred, traded, or utilized within various DeFi applications, including automated market makers (AMMs), lending and borrowing protocols, and yield aggregators.

The QI token serves as the native governance and utility token, overseeing protocol improvements and changes in the ecosystem. QI holders have governance rights and can propose or vote on BENQI Improvement Proposals (BIPs). Moreover,  QI is used to incentivize participation across the platform, including for staking, borrowing, and liquidity provision.

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Kevin Pierce
I have always found Atomic wallet to very well designed and easy to use. There haven’t been any serious issues. They’re responsive and helpful with support even for the small issues.
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Paul Kuepfer
I was expecting the world of crypto to be complicated as my colleagues were using Gemini and it felt like a funneled corridor type video game. Your presentation allowed for a 3D landscape of things. I appreciate you!
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Chris Mayrand
Decent Wallet Selection. So easy to use, processing of payments are lightning fast! Tons of features like NFT and Staking! exchange minimums are reasonable, awesome for people starting out with mining! I like this wallet, I would suggest it to other users as well! Thank You!
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Cryptovet
The withdrawal fee is lower than other exchanges. I have had a positive experience with this wallet. The graphics are outstanding. Academic knowledge is not required. You can stake your coins without any fees.
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Frank Love
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Marykay
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Adam Bostic
Amazing Wallet! This Wallet is simply the best on the the app store right now. Support for so many assets and networks and even an exchange built-in. I love my Atomic Wallet and will continue to use it for as long as they will have me.
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