BENQI

BENQIQI

Liquidity market protocol

$0.002

+10.40%

About BENQI

Founded

2020

Ecosystem

Community

BENQI is a DeFi liquidity market protocol, built on Avalanche. The BENQI Protocol consists of the BENQI Liquidity Market (BLM) and the BENQI Liquid Staking (BLS) protocols. The BLM protocol enables users to lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol earn yield, while borrowers can borrow in an over-collateralized manner. The BLS protocol is a liquid staking solution that tokenizes staked AVAX to grant users the ability to use the yield-bearing asset within Decentralized Finance applications.

Team Members

Dan Mgbor
Dan MgborCo-founder

Investors

Ascensive AssetsAscensive Assets
DragonflyDragonfly
Arrington CapitalArrington Capital
GenBlock CapitalGenBlock Capital
Mechanism CapitalMechanism Capital
WoodstockWoodstock
The Spartan GroupThe Spartan Group
Morningstar VenturesMorningstar Ventures
GBV CapitalGBV Capital
TRGCTRGC
Rarestone CapitalRarestone Capital
Skynet TradingSkynet Trading
Avalanche FoundationAvalanche Foundation
M
Moon Inc

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Strategic
$6.00M
--
2021-04-13
Ascensive AssetsAscensive Assets*
DragonflyDragonfly
+ 12