BENQI

BENQI

Created using Figma
Created using Figma
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.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Digifinex
    QI/USDT 8 minutes ago
    $ 0.0133
    $ 209.172 K
    8.00%
    132.53%
  • CoinEx
    QI/USDT 12 hours ago
    $ 0.0130
    $ 3.391 K
    5.37%
    12.96%
  • BKEX
    QI/USDT 12 hours ago
    $ 0.0129
    $ 155.424 K
    4.43%
    54.71%
  • Poloniex
    QI/USDT one day ago
    $ 0.0124
    $ 4.22
    4.31%
    -91.34%
  • LATOKEN
    QI/USDT 10 days ago
    $ 0.0140
    $ 1.65 M
    -
    -
  • Bitrue
    QI/USDT one month ago
    $ 0.0142
    $ 792.072 K
    -1.43%
    -33.12%
  • Trader Joe
    QI/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7 one month ago
    $ 0.0142
    $ 143.633 K
    -7.88%
    -8.36%
  • Crypto.com Exchange
    QI/USDT one month ago
    $ 0.0143
    $ 18.077 K
    -7.85%
    -63.75%
  • Pangolin
    QI/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7 one month ago
    $ 0.0140
    $ 645.505 K
    -9.62%
    -2.46%
  • BingX
    QI/USDT one month ago
    $ 0.0140
    $ 202.779 K
    -9.10%
    13.92%
  • AEX
    QI/USDT one month ago
    $ 0.0139
    $ 261.006 K
    1.64%
    6.11%
  • FTX
    QI/USD one month ago
    $ 0.0140
    $ 376.361 K
    2.57%
    184.06%
  • Phemex
    QI/USDT one month ago
    $ 0.0137
    $ 23.01 K
    0.01%
    9.41%
  • XT.COM
    QI/USDT one month ago
    $ 0.0139
    $ 401.414 K
    2.65%
    2.45%
  • Pangolin
    QI/0XC7198437980C041C805A1EDCBA50C1CE5DB95118 one month ago
    $ 0.0140
    $ 8.10
    -3.28%
    -3.11%
  • MEXC Global
    QI/USDT one month ago
    $ 0.0136
    $ 459.872 K
    -
    -
  • Pangolin
    QI/0XD586E7F844CEA2F87F50152665BCBC2C279D8D70 2 months ago
    $ 0.0397
    -
    -
    -
  • Trader Joe
    QI/0XC7198437980C041C805A1EDCBA50C1CE5DB95118 2 months ago
    $ 0.0505
    -
    -
    -
  • Pangolin
    QI/0XC7198437980C041C805A1EDCBA50C1CE5DB95118 3 months ago
    $ 0.0521
    $ 1.01
    -2.35%
    -48.14%
  • Trader Joe
    QI/0XC7198437980C041C805A1EDCBA50C1CE5DB95118 4 months ago
    $ 0.0501
    -
    -
    -
  • Trader Joe
    QI/0XA7D7079B0FEAD91F3E65F86E8915CB59C1A4C664 5 months ago
    $ 0.0249
    -
    -
    -
  • KuCoin
    QI/BTC 5 months ago
    $ 0.1485
    $ 93.62 K
    2.47%
    -92.26%
  • Pangolin
    QI/0XD1C3F94DE7E5B45FA4EDBBA472491A9F4B166FC4 6 months ago
    $ 0.1477
    -
    -
    -
  • KuCoin
    QI/USDT 6 months ago
    $ 0.2147
    $ 2.241 M
    -
    -
  • Pangolin
    QI/0XE896CDEAAC9615145C0CA09C8CD5C25BCED6384C 6 months ago
    $ 0.1548
    -
    -
    -
  • Binance
    QI/USDT 6 months ago
    $ 0.2576
    $ 128.589 M
    -
    -
  • BitMart
    QI/BTC 8 months ago
    $ 0.1072
    $ 1.681 K
    -
    -
  • BitMart
    QI/USDT 8 months ago
    $ 0.1067
    $ 12.599 K
    -10.67%
    -40.87%
To be announced
Token Details
Total supply
7,200,000,000
Token Distribution
Community
50%
Foundation
14%
Public Sale
26%
Team
10%
Accepted Currencies
ETH, USDC, USDT
Additional Details
MVP/Prototype
Yes
Categories
Platform

About BENQI

Decentralized Finance (DeFi) has grown substantially in the last 2 years. As most of DeFi's activity is currently conducted on Ethereum, the network has started to experience congestion problems that have resulted in high network fees. This has proven to be a significant barrier for both old and new users with smaller capital to justify engaging in DeFi.

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

Using the protocol  

To use the protocol, the user deposits their preferred asset that is accepted by the protocol. Users will be able to earn interest based on the asset's market demand for borrowing. Additionally, deposited assets can be used as collateral to allow the user to borrow other assets. Interest earned by depositing funds offsets the accumulated interest rates from borrowing.

Additional token pools will be added as the platform grows. The additions into the protocol will be initially decided by the core team and as the protocol's governance transitions into a Decentralized Autonomous Organization (DAO), additional pools will be approved based on community votes and proposals, using the QI governance token.

Storage of funds  

Funds are administered by Smart Contracts.

Depositors/Lenders will be given tokenized yield-bearing tokens (QiTokens) which will be used to withdraw funds from the pool on-demand when required. QiTokens can be transferred and traded as any other crypto-asset on Avalanche.

Activity

Followers:
63 597
VERY HIGH
Tweets:
712
VERY HIGH
30 Days Growth:
150
Members:
11 938
VERY HIGH
30 Days Growth:
-490
Year commits:
4 736
Watchers:
9
Stars:
19
Forks:
22
Open issues:
2
$ 0.0133
6.75%
Crypto Stats
Daily, %:
6.75%
Weekly, %:
10.15%
Monthly, %:
-9.70%
Market Info
Market Cap:
$ 31.171 M
Volume 24h:
$ 6.311 M
Circ. Supply:
2.343 B QI
Ticker:
QI
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.