What is a Qi coin?

QI, the governance token of Benqi, serves as a pivotal element in the DeFi ecosystem built on the Avalanche blockchain. This innovative protocol offers users a unique blend of financial services tailored to the ever-evolving digital landscape.

At the core of Benqi lies its liquid staking feature, which leverages tokenized staked AVAX to provide users with the benefits of staking without compromising on the liquidity of their assets. This groundbreaking approach enables users to earn rewards while maintaining the flexibility to trade or use their funds as needed.

Complementing its liquid staking capabilities, Benqi boasts a robust liquidity market that caters to the diverse financial needs of its users. This marketplace facilitates seamless lending and borrowing of tokens, fostering a vibrant and interconnected community of participants.

With QI as its governing token, Benqi ensures that its community has a say in the direction and development of the protocol. Token holders can participate in governance decisions, shaping the future of the platform and contributing to its ongoing success.

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