Benqi Lending
(QI)
TVL by Chain
| Asset | Quantity |
|---|---|
| Avalanche | $107.53M |
| Avalanche-borrowed | $35.83M |
| borrowed | $35.83M |
| Avalanche-staking | $972.85K |
| staking | $972.85K |
| Avalanche-pool2 | $41.72K |
| pool2 | $41.72K |
Protocol Information
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.
Methodology
Same as compound, we just get all the collateral (not borrowed money) on the lending markets. Staking counts QI locked in the veQI contract.
Audit
A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.
Funding Rounds
A history of funding rounds and capital raised by the protocol, including participating investors and funding details.
Date
28 Apr 2021
$3.8M
Public token sale
Date
14 Apr 2021
$6M
