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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Expand your decentralized application (DApp) to the Polkadot ecosystem using Acala, a smart contract platform that is compatible with Ethereum and specifically designed for decentralized finance (DeFi). Acala serves as Polkadot's primary network for finance and a hub for liquidity, functioning as a scalable, layer-1 solution that offers seamless integration with Ethereum while enhancing DeFi capabilities through pre-existing financial tools and liquidity options. Thanks to its trustless exchange mechanism, decentralized stablecoin known as aUSD, DOT Liquid Staking (LDOT), and EVM+ compatibility, Acala empowers developers to harness both Ethereum's advantages and the comprehensive capabilities of substrate technology. Users can interact with DOT-based assets and derivatives, access a Polkadot-native stablecoin, and engage with assets across the Polkadot ecosystem as well as cross-chain assets from Bitcoin and Ethereum. Notably, Acala’s blockchain is tailored for DeFi purposes and is designed to evolve continuously without the need for forks, allowing for the integration of new features as desired by developers. Innovative on-chain 'keepers' automate protocol functions, enhancing risk management and user experience, while also allowing transaction fees to be settled with nearly any token available. This flexibility and adaptability make Acala a formidable choice for developers looking to thrive in the DeFi landscape.

Description

Easily provide, borrow, and earn interest on your digital assets with BENQI. By staking AVAX on BENQI’s liquid staking protocol, you can engage in robust decentralized finance applications without restrictions. You can begin earning interest today by supplying any amount on our algorithmic liquidity market. The protocol is bolstered by ongoing audits and security protocols to ensure its integrity. BENQI operates as a Decentralized Finance (DeFi) liquidity market protocol, established on the Avalanche network. It comprises two main components: the BENQI Liquidity Market (BLM) and the BENQI Liquid Staking (BLS). The BLM allows users to seamlessly lend, borrow, and accumulate interest on their digital assets, where liquidity providers earn yields while borrowers secure loans through over-collateralization. Meanwhile, the BLS offers a liquid staking solution that converts staked AVAX into a usable asset, allowing users to maximize the benefits of their yield-generating investments while maintaining liquidity. Consequently, BENQI presents a comprehensive platform for both liquidity management and staking opportunities.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Chainlink Yes 
Ethereum Yes 
MetaMask Yes 
Avalanche No 
Base App No 
Centrifuge Yes 
ChainX Yes 
Coin98 No 
Core No 
DEX Screener Yes 
Echidna Finance No 
Kwikswap Yes 
Notifi Yes 
OnFinality Yes 
Parsec No 
Polkadot Yes 
TetherX No 
WalletConnect No 
Yield Yak No 

Integrations

Chainlink Yes 
Ethereum Yes 
MetaMask Yes 
Avalanche Yes 
Base App Yes 
Centrifuge No 
ChainX No 
Coin98 Yes 
Core Yes 
DEX Screener No 
Echidna Finance Yes 
Kwikswap No 
Notifi No 
OnFinality No 
Parsec Yes 
Polkadot No 
TetherX Yes 
WalletConnect Yes 
Yield Yak Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Acala

Founded

2019

Website

acala.network/

Vendor Details

Company Name

BENQI

Country

United States

Website

benqi.fi/

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