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Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...
Keystone Enters Partnership with BENQI to Prevent Blind Signing
9.2.2022
Many web3 clients have benefited from the QR code signing since Metamask incorporated the Keystone hardware wallet last December. To counter blind signing, Keystone has teamed up with BENQI, a non-custodial liquidity market protocol on the Avalanche blockchain, and will also be adding their ABI...
Exclusive sAVAX Integration by BENQI and Anchor
4.2.2022
The integration will provide sAVAX tokens tremendous flexibility and utility, allowing users to decide what to do with their staked tokens and letting them do more with them. As part of this agreement, Anchor Protocol will solely employ BENQI’s liquid staking token, sAVAX, to: Allow customers...
BENQi Announced GameFi Metaverse with Imperium Empires
2.12.2021
BENQi is happy to announce its first GameFi—Metaverse partnership, beginning with Imperium Empires, Avalanche’s first AAA GameFi Metaverse Project, as part of BENQI’s mission to consistently develop and ingrain itself into the Avalanche ecosystem. Imperium Empires is based on Avalanche...
DeFi protocol BENQI hits $1B TVL days after launching
23.8.2021
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market
BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth
11.8.2021
PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3MM of AVAX...
Benqi Deploys Gauntlet on Avalanche
28.7.2021
Benqi finally announced deploying the Gauntlet platform on Avalanche for risk management. Benqi is the foremost native liquidity protocol at Avalanche. Being a platform with a huge experience, Benqi recognized the latent risks associated with the development of DeFi protocols at the nascent stage....
Funding Roundup: Derivatives and Defi Draw a Fresh Influx of VC Firms and Private Investors
4.5.2021
As blockchain technology disrupts traditional industry standards, the list of progressive investors willing to stake their money has increased significantly. Leveraging this ongoing investment trend, both upcoming and ongoing projects are attracting millions of dollars from private investors...
BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche
14.4.2021
PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include...