Average Ratings 0 Ratings
Average Ratings 0 Ratings
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.
Description
Conflux facilitates the connection of creators, communities, and marketplaces across different borders and protocols. Its innovative Tree-Graph consensus algorithm employs the parallel processing of blocks and transactions, which effectively reduces confirmation times and enhances transactions per second (TPS). By leveraging a rigorously tested Proof of Work (PoW) consensus, Conflux ensures heightened security and safeguards against reentrancy attacks at the protocol level. The platform features ShuttleFlow, an exceptionally fast cross-chain asset bridge that allows for smooth asset transfers between various protocols. Additionally, the Fee Sponsorship Mechanism enables users without any wallet balance to participate in blockchain activities, as sponsors can cover some or all transaction fees to assist in user onboarding. To further encourage engagement, built-in staking interest lays the groundwork for creative decentralized finance (DeFi) applications, with staked tokens currently earning an annualized interest rate of 4%, derived from the additional issuance of tokens. This robust ecosystem not only empowers users but also fosters innovation across the blockchain landscape.
API Access
Has API
No
API Access
Has API
No
Integrations
Avalanche
Yes
Base App
Yes
Bitcoin
Yes
Bitquery
No
Chainlink
Yes
Coin98
Yes
Core
Yes
DEX Screener
No
Degis
Yes
Echidna Finance
Yes
Integrations
Avalanche
No
Base App
No
Bitcoin
No
Bitquery
Yes
Chainlink
No
Coin98
No
Core
No
DEX Screener
Yes
Degis
No
Echidna Finance
No
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
No
iPad App
No
Android App
No
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
BENQI
Country
United States
Website
benqi.fi/
Vendor Details
Company Name
Conflux Network
Founded
2019
Website
confluxnetwork.org/en/