What is benqi coin?

BENQI (QI) is a pioneering decentralized finance (DeFi) protocol that operates within the robust Avalanche blockchain ecosystem. This innovative platform aims to revolutionize the way users interact with their digital assets, offering unparalleled financial opportunities.

At the core of BENQI's offerings lies its two primary protocols: BENQI Liquid Staking (BLS) and BENQI Liquidity Market (BLM). Both of these protocols have been designed to cater to the diverse needs of the DeFi community, providing users with flexible and efficient ways to manage their funds.

The BENQI Liquid Staking (BLS) protocol is a game-changer in the world of staking. By tokenizing staked AVAX, BLS enables users to maintain their exposure to the underlying asset while simultaneously unlocking its earning potential within the vibrant DeFi landscape.

BTCC's services encompass various aspects of the cryptocurrency market, including spot trading, futures trading, and wallet management. With its user-friendly interface and robust security measures, BTCC has become a go-to destination for investors looking to gain exposure to the exciting world of DeFi.

With BLS, users can now participate in staking without sacrificing the liquidity of their AVAX tokens. This allows them to earn rewards while still being able to utilize their assets in various DeFi applications, such as lending, borrowing, or trading.