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DeFi Lending Platforms
BENQI

BENQI

https://benqi.fi/
Founded year: 2021
Credited votes: 7 of 7
Problems resolved: 0
Owners responses: 0
5
7 votes
Vote
Kickstarting the inlet of liquidity onto the Avalanche Network, BENQI is pushing the boundaries of blockchain by eliminating the barrier between traditional and decentralized finance. BENQI is a non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors provide liquidity to the protocol earn passive interest, while also being able to borrow via over-collateralized loans.
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Firstcomer to Avalanche

Score
5
approved
Solid focus on users, their experience and to provide secure no-fuss platform for lending and borrowing. Apparently going for liquid staking next which expands the platform to cover massive amount in the Avalanche ecosystem. Currently quietly distributing the governance QI tokens to users and transitioning to DAO after that.
12.11.2021 07:54
0

Absolutely amazing

Score
5
approved
The team is clearly experienced in the space. They are constantly adding to the platform, about to release some amazing additional products and are very focused on security. The user experience is fantastic.
11.11.2021 20:03
0

product is good

Score
5
approved
I recommend it to anyone who wants to go to the moon to use benqi, UX is direct and excellent. keep up the good work and looking forward for their liquid staking
11.11.2021 17:47
0

Secure and Stable

Score
5
approved
The project team did not rush for launch and waited until Chainlink is being deployed for accurate price feed. As a user, this move is great and also show the team's commitment to build a secure and stable lending platform.
11.11.2021 17:33
0

BENQI on Avalanche

Score
5
approved
As a lending platform that has been audited by Halborn and working with the likes of Gauntlet and Immunefi, I feel good using it. Can't wait for the next chapter!
11.11.2021 17:32
0

Coolest UI and usability

Score
5
approved
The look and feel are the coolest what I've seen in and Benqi is the absolutely fabulous lending protocol to spend your tokens and time. It's built on blazingly fast Avalanche network where you do not spent all your asset with gas prices. It is my choice over Ethereum. I appreciate also multi-language support. Now I can teach cryptos to my friends and relatives too.
11.11.2021 14:28
0

Responsive customer service

Score
5
approved
I am always thrilled with the 1:1 help received on Telegram. Even the most basic of borrowers have their questions answered. Often provide use case scenarios for clarity and are quick to troubleshoot.
11.11.2021 08:49
0
1 place
DeFi Lending Platforms
2021