BENQI

Liquid staking platformsDecentralized lending dapps
BENQI
BENQI is an Avalanche DeFi protocol that combines sAVAX liquid staking, lending and borrowing, and the Ignite validator-bootstrapping program.
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What is BENQI?
BENQI is a DeFi protocol on Avalanche that bundles three products in one app: sAVAX liquid staking, a non-custodial lending and borrowing market with QI rewards, and Ignite, which lets users bootstrap a validator for as little as 8 AVAX per week instead of locking the full 2,000 AVAX minimum. Users come for AVAX yield, leverage, or validator participation, with around $360M deposited across the protocol.
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