BENQI
BENQI is built on Avalanche’s highly scalable network. BENQI’s vision is to launch BENQI on the Avalanche C-Chain at BENQI to build a bridge between DeFi and institutional networks. Through BENQI, Avalanche users can obtain interest from their assets. Through over-collateralized loans, they can receive credit and also receive QI governance tokens as rewards for providing liquidity to the protocol and Pangolin.
Participate in liquidity at anytime: Provide or withdraw liquidity from the liquidity market at any time.
Collateralized loans：After depositing assets, users can receive interest by lending to other users. Assets can also be used as collateral to borrow other assets so that the interest can be offset.
Real-time transparent interest rate: View interest rates transparently in real-time according to market supply and demand of assets.
Since BENQI relies on the over-collateralization of assets to obtain loans, Price Oracles are the key infrastructure for security. Price Oracles determines the computed data of the key protocol parameters, such as loan interest rate and liquidation threshold.
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Topic: BENQI, Avalanche’s Collateralized Loan Protocol (Read 41 times)
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