Good day and welcome to bulliscoming Benqi price prediction, the live BENQI price as at the time of writing is $0.230676 USD with a 24-hour trading volume of $290,627,089 USD.
BENQI is up 31.28% in the last 24 hours. The current CoinMarketCap ranking is #540, with a live market cap of $75,129,237 USD. It has a circulating supply of 325,692,000 QI coins and a max. supply of 7,200,000,000 QI coins.
In this article, you will get more insight into the Benqi project and also the Benqi price prediction in 2021-2028.
What Is BENQI?
BENQI is a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network. The protocol allows users to lend, borrow, or earn interest using their digital assets.
The team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets. One of the goals of BENQI is to become a cross-chain hub, connecting Ethereum, Polkadot and Binance Smart Chain (BSC) through the Avalanche subnets.
BENQI was founded in 2021 with $6 million in backing. Among its strategic investors are Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc.