BENQI (QI)

BENQI was founded in 2021 by Rome Blockchain Labs Inc., with the aim of bridging liquidity and staking in the blockchain world. Rome Blockchain Labs was established by JD Gagnon, Hannu Kuusi, and Alexander Shul. The BENQI platform offers users the ability to provide their digital assets as liquidity, secure collateralized loans, and actively engage in token staking. What sets BENQI apart is the integration of these features into a single protocol, allowing users to benefit from both interest and staking rewards, while maintaining access to liquid funds without selling their assets. The platform employs automated interest rates that adjust according to liquidity supply and demand, fostering a dynamic ecosystem. BENQI strongly emphasizes user control, ensuring that private keys and assets remain in the users' hands. The QI token, BENQI's native cryptocurrency, plays a pivotal role within the platform. It serves as a reward for stakers and is utilized for network management and decision-making through a governance model.