Benqi

Benqi is a decentralized non-custodial liquidity market protocol built on the Avalanche blockchain. It combines elements of decentralized finance (DeFi) and traditional finance (TradFi) to offer users lending and borrowing services with competitive yields. Benqi's integration with Avalanche's high-throughput ecosystem allows for fast, secure, and low-cost transactions, addressing some of the scalability and cost issues faced by DeFi on other platforms. With backing from Spartan Group, Mechanism Capital, and Arrington XRP Capital, Benqi is positioned as a leading platform in the DeFi space, enabling users to earn interest on deposits and access liquidity through loans.