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.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:<ol><li>Instantly supply to and withdraw liquidity from a shared liquidity market</li><li>Instantly borrow from a liquidity market using their supplied assets as collateral</li><li>Have a live and transparent view of interest rates around the clock based on the asset's market supply and demand</li></ol> Using the protocol<ul><li>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.</li><li>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.</li></ul>Storage of funds<ul><li>Funds are administered by Smart Contracts.</li><li>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.</li></ul>Risks<ul><li>No protocol within the blockchain space can be considered entirely risk free. The risks related to the protocol may potentially include Smart Contract risks and Liquidation risks. The team has taken necessary steps to minimize these risks as much as possible by undergoing audits and keeping the protocol public and open sourced.</li></ul><h3>BENQI (QI) token</h3>The QI token is an native asset on Avalanche and oversees the entire ecosystem of the BENQI protocol, including the Treasury, and future iterations of the protocol.QI is required to vote and decide on the outcome of proposals through BENQI Improvement Proposals (BIPs). The protocol will initially be governed by the founding team, and will eventually transition to a Decentralized Autonomous Organization (DAO). As part of the DAO, holders of the QI token will be able to initiate proposals and vote on issues that will steer the direction of the protocol.

Avalanche Ecosystem

BENQI Public Sale Registration

Getting ready for the Public Sale & FAQs

Liquidity Mining

Liquidity

Treasury

Public Sale Round 2

Seed

Public Sale Round 1

Private Sale

Team

BENQI

BENQI is a decentralized non-custodial liquidity market protocol on Avalanche, enabling users to lend, borrow, and earn interest with their assets.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

BitMEX Token

Circle

CMT Digital

Shima Capital

GoldenTree Asset Management

Jump Crypto

LedgerPrime

Advanced Blockchain

Altonomy

Taureon Capital

Valhalla Capital

Gemini

Coral DeFi

TRON Foundation

Apollo Capital

Pantera Capital

YZi Labs (Prev. Binance Labs)

Coinbase Ventures

Founders Fund

Maverick Protocol

Andreessen Horowitz (a16z)

Lightspeed Venture Partners

Apollo Global Management

Franklin Templeton Investments

FTX Ventures

Redpoint

Electric Capital

Standard Crypto

Slow Ventures

SamsungNext

Hack VC

Save

Polychain Capital

Elad Gil

Fred Ehrsam

Brian Armstrong

Abstract Ventures

1confirmation

Scott Belsky

Avichal Garg

Kindred Ventures

Craft Ventures

Bain Capital Crypto

Naval Ravikant

Kevin Hartz

DragonFly Capital

Vy Capital

Wintermute

Hashed Fund

Scalar Capital

Three Arrows Capital

DeFiance Capital

StarkWare

HashKey Capital

Delphi Ventures

QCP Capital

CMS Holdings

mgnr

Kronos

Menai Financial Group

Paradigm

dYdX

GameOn Forge

Sociapol

SpaceN

Korea Investment Partners

STIC Ventures

Bifrost

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Liquidity Mining	45%	-	-
Treasury	15%	10.6%	4.41%
Private Sale	13%	13%	-
Team	10%	6.47%	3.53%
Public Sale Round 1	5.30%	5.30%	-
Seed	5.00%	5.00%	-
Liquidity	5.00%	5.00%	-
Public Sale Round 2	1.70%	1.70%	-

BENQI QI

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