With the continuous development of blockchain technology and the decentralized finance (DeFi) field, how to balance asset appreciation and liquidity has become a core concern for users. As one of the most representative DeFi protocols in the Avalanche (AVAX) ecosystem, BENQI provides users with a more flexible, efficient, and secure asset management solution through innovative Liquid Staking, lending markets, node support, and governance systems.
Reshaping the Staking Experience: BENQI Liquid Staking
BENQI Liquid Staking allows users to directly stake AVAX from the Avalanche C-Chain, obtaining a tradable staking certificate—sAVAX. Unlike traditional staking models, sAVAX can be traded, staked, and collateralized on multiple DeFi platforms, giving users the ability to maintain asset liquidity while enjoying AVAX staking rewards. This mechanism not only releases the potential value of staked assets but also effectively promotes the liquidity ecosystem of the Avalanche network.
Dual Market Layout: BENQI Markets
BENQI Markets established two core markets to meet different users' asset management needs:
● Core Market: Supports traditional lending business for AVAX and USDC, providing stable channels for asset preservation and appreciation.
● Avalanche Ecosystem Market: Focuses on native assets, helping to facilitate asset circulation and application expansion within the ecosystem.
Through lending, borrowing, and compound yield strategies, users can achieve diversified revenue layouts while further improving asset utilization efficiency while ensuring liquidity.
Lowering Node Participation Barriers: IGNITE Program
Addressing the high barriers for network node setup and subnet deployment, BENQI launched the IGNITE program. Users can participate through two methods:
● Pay-As-You-Go (PAYG): No upfront AVAX required, only weekly operational fees, enabling quick validator node startup.
● Stake-to-Run: Stake QI tokens to pay for node hosting fees, achieving node operation without technical barriers, and simultaneously receiving QI rewards.
The IGNITE program significantly reduces the technical and financial barriers to node operation, encouraging more individuals and institutions to actively participate in the Avalanche network's decentralized construction.
Comprehensive Governance System: BENQI Miles Mechanism
By staking QI tokens, users can obtain governance tokens BENQI Miles and participate in critical protocol decisions and node support. Miles holders can influence Avalanche ecosystem staking policies and node operation directions through node voting mechanisms, ensuring transparent and democratic network governance.
Prioritizing Security and Transparency to Build User Confidence
BENQI consistently adheres to open-source code principles, undergoes multiple security audits by third-party authoritative institutions, effectively reducing protocol risks, ensuring platform operation transparency and reliability, and safeguarding user fund security.
Conclusion
In the continuous development wave of the Avalanche ecosystem, BENQI has become an important platform for users to allocate assets and achieve value growth through its innovative product system and comprehensive governance mechanism. In the future, BENQI will continue to focus on the DeFi field, working with ecosystem partners to drive innovation and popularization of Web3 financial infrastructure.
For more information, please visit the BENQI official website: benqi.fi
