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What is BENQI?
BENQI is a non-custodial lending protocol built on Avalanche. BENQI was founded by an international team of software developers and launched in 2021.How does BENQI work?
Lenders deposit funds into BENQI and receive interest payments from borrowers (supply-side fees).Who governs BENQI?
QI tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue). BENQI’s investors include Dragonfly Capital, Mechanism Capital, Spartan, etc.Related posts
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