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.
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
👉 https://t.co/WVPtnyrecP
Another step closer to 🔥 𝙄𝙜𝙣𝙞𝙩𝙚 🔥 — the smart contract audit for #Ignite is officially complete!
Check out the security assessment by @Dedaub 👇
https://t.co/u0HLMIzR4q
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 👇
https://t.co/UVooQxVXRd
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.
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.
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!🔥
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. 🧵
🔊 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!
👉https://t.co/ygryFs0hJU