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Average Ratings 0 Ratings

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ease
features
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support

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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

A decentralized lending platform on the EOS blockchain enables users to function both as depositors and lenders simultaneously. In this model, depositors supply liquidity to generate passive income through interest, while borrowers have the flexibility to manage their loans without a predetermined timeframe. The interest rate curve is determined by the utilization rate, meaning that as this rate increases, the parameters governing the interest rate curve lead to a more rapid escalation of interest rates. Upon depositing, the system determines the price of pztoken to calculate the necessary amount needed; pztoken is designed to accrue interest over time, enhancing its value. These interest-bearing tokens can be transferred, traded, or used as collateral, granting their holders the right to redeem the initial deposited tokens. Additionally, the value of pztokens compounds every 15 minutes, ensuring that holders see a continuous growth in their asset. The health factor serves as an indicator of the safety of the debt position; if this factor dips below 1, the associated debt risks liquidation. This innovative approach encourages liquidity and offers diverse financial opportunities within the EOS ecosystem.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Anchor Wallet No 
Avalanche Yes 
Base App Yes 
Bitcoin Yes 
Chainlink Yes 
Coin98 Yes 
Core Yes 
Degis Yes 
Ethereum Yes 
LeafWallet No 
MetaMask Yes 
Parsec Yes 
Rabby Yes 
TetherX Yes 
TokenPocket No 
WalletConnect Yes 
Wombat No 
Yield Yak Yes 
pTokens No 

Integrations

Anchor Wallet Yes 
Avalanche No 
Base App No 
Bitcoin No 
Chainlink No 
Coin98 No 
Core No 
Degis No 
Ethereum No 
LeafWallet Yes 
MetaMask No 
Parsec No 
Rabby No 
TetherX No 
TokenPocket Yes 
WalletConnect No 
Wombat Yes 
Yield Yak No 
pTokens 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 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 No 

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

PIZZA.FINANCE

Website

pizza.finance/

Product Features

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Alternatives

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