Dex retweeted
Excited about Benqi Ignite!
As always, DYOR, an expression of excitement isn't an endorsement, yadda yadda. But this is great work coming from a great team.
BENQI has served #Avalanche well and has always strived to boost the ecosystem ever since inception.
We launched Lending when the ecosystem needed it.
We launched Liquid Staking when the ecosystem needed it.
Today, BENQI is the no. 1 DeFi product on Avalanche by TVL.
In a few days, we will be releasing Ignite. Ignite is by far the cheapest way for any builder to launch validators for their subnet, including a Pay As You Go model that lets you pay as little as 4 AVAX a week in $QI/$USDC/$AVAX.
We have a lot of exciting launches planned for 2024 to grow BENQI and Avalanche as the number one choice in the industry.
Dex retweeted
1 July - 15 July 2023
New milestones for $sAVAX with amount of stakers breaching the 40k mark and amount of #AVAX staked on BENQI Liquid Staking surpassing 7m AVAX.
BENQI product suite statistics 👇
Avalanche Liquid Staking
➡️ sAVAX TVL: 7,033,516 AVAX (1.81% increase)
➡️ Total AVAX Locked: 1.79%
➡️ sAVAX Stakers: 40604 (1.84% increase)
Vote-escrowed QI (veQI)
➡️ veQI Stake: 226m QI
➡️ Validators receiving sAVAX delegations: 225
For all BENQI related analytics, check out the @chaoslabs dashboard
👉 community.chaoslabs.xyz/benq…
Dex retweeted
#Avalanche validator?
veQI supercharges it, flooding it with $AVAX 🚀
👉My @Avax validator node is flooded with $AVAX delegation after i used my veQI on @BenqiFinance
👉2662 $AVAX Delegated to my node in last 48 hours, that's 47% of my total delegation capacity
👉veQI is very powerful product if validator use if wisely
Dex retweeted
Another step closer to 🔥 𝙄𝙜𝙣𝙞𝙩𝙚 🔥 — the smart contract audit for #Ignite is officially complete!
Check out the security assessment by @Dedaub 👇
docs.benqi.fi/resources/risk…
Dex retweeted
🚀 The Legend of Aurum Draconis is officially live on the #Avalanche mainnet!
🕹️ Play NOW at aurumdraconis.dragoncrypto.i…
@GamingOnAvax @avalancheavax #AurumDraconis #LOADLive
Dex retweeted
USDC, USDC.e & DAI.e deposits for BENQI Liquidity Market have been temporarily paused.
Liquidations on BENQI are active and functioning as intended while being closely monitored.
The @chaoslabs community dashboard is available for the community to monitor the protocol’s health 👇
community.chaoslabs.xyz/benq…
Dex retweeted
BENQI is now integrated with @NotifiNetwork.
Receive notifications for
✅ Announcements
✅ Liquidity Market - deposits, withdrawals, liquidations, loan health
✅ Liquid Staking redeem reminders for sAVAX → AVAX
Alert mediums include 📲 SMS ✈️ Telegram or 📧 email.
Dex retweeted
1/ Very excited to announce BENQI’s latest product, Ignite. The protocol allows developers and stakers to deploy Avalanche validators at a fraction of the cost - reducing the financial barrier to a bare minimum.
Now everyone can validate. #AVAX
Introducing Ignite🔥– the new base layer protocol for decentralized staking, designed to reduce costs to run Avalanche validator nodes by up to 10x.
15
110
Dex retweeted
We are excited to announce that #KuCoinWallet has reached strategic partnership with Benqi through #dApp listing!🎉
@BenqiFinance is a #DeFi protocol on #Avalanche, providing users & developers access to capital-efficient DeFi products.
Explore Benqi via KuCoin Wallet now!🔥
Dex retweeted
Today, the news of the @BuildOnBase launch reverberates through the industry and marks a dramatic acceleration of the on-chain vision that @Coinbase has been quietly building over the last half decade.
Let's dive deep into #Base, and what it means for the Moonwell community. 🧵
Dex retweeted
🔊 Avalanche Validators 🔊
✅ Validator requirements to qualify for veQI #AVAX delegations has been revised from:
4000 AVAX → 3000 AVAX
⬆️ Total delegations to the veQI pool has increased from:
30% → 35%
What does this mean? Read on 👇
🥳#Avalanche is LIVE on #KuCoinWallet!
You can now send and receive Avalanche-based #tokens on KuCoin Wallet!
Get KuCoin Wallet and start your exploration of the Avalanche ecosystem now!
👉kuwallet.com
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Dex retweeted
Huge congratulations to @BenqiFinance on the 1 year anniversary of $sAVAX product and the work the Benqi team has done for DeFi on Avalanche💪
Dex retweeted
Thank you for the wishes.
Happy birthday to $sAVAX and the amazing community championing #DeFi through it 🎉
.@BenqiFinance has recently celebrated the 1st anniversary of its liquid staking product.
$sAVAX saw massive growth (650% YoY) as over 5.6M $AVAX has been now staked with Benqi.
community.chaoslabs.xyz/benq…
































