We are thrilled to announce the release of BENQI's Liquid Staking Protocol on Avalanche. The app is currently live:.
16 Feb 2022, 15:56
We are thrilled to announce the release of BENQI's Liquid Staking Protocol on Avalanche!
🔊 The app is currently live:
Following the completion of our audits with @HalbornSecurity, BENQI's Liquid Staking protocol will be kicking off with a guarded launch.
⚠️ The guarded launch is capped at 250,000 AVAX.
With the imminent proliferation of Avalanche Subnets, BENQI Liquid Staking will play an integral role in the new Subnet Economy, and we are excited to reveal veQI’s role within it.
By accruing voting power via veQI, users, builders and DAOs will soon be able to direct staked #AVAX to bootstrap and support their favorite subnets (e.g. DFK, CRA, Dexalot).
This means veQI can direct staked AVAX to validate these subnets to receive subnet rewards, get boosted QI emissions, and much more.
⚡️⚡️⚡️⚡️ veQI --> soon ⚡️⚡️⚡️⚡️