1/ With $AVAX Rush program just announced ($180M in DeFi incentives), we're now going to see a true cross-chain explosion in DeFi. Not just "EVM sidechains", but fully fledged blockchains like AVA.
That's why I'm really excited about @benqifinance👇
That's why I'm really excited about @benqifinance👇
2/ BENQI is the first Avalanche native lending protocol to launch on Avalanche and will be one of the core financial primitives for the Avalanche DeFi ecosystem. There are two things reliably working in DeFi today: AMMs and lending. BENQI will be the lending platform of AVA.
3/ BENQI is partnered with @gauntletnetwork and @HalbornSecurity, to provide a robust protocol that users and devs can use to unlock capital and build new primitives.
(Dragonfly backed BENQI's seed round, and I'm stoked to see it go live!)
Wow, @BenqiFinance is now north of $300M TVL. Healthy mix of assets too.
Incredible day 1!
Incredible day 1!
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