BENQI Expands sAVAX Integration Across Avalanche DeFi Ecosystem

**BENQI has launched cross-chain repayment functionality**, allowing users to repay loans from any EVM-compatible blockchain. **Key features:** - Repay BENQI loans directly from Ethereum, BNB Chain, and other EVM networks - Integration with Enso enables deposits into BENQI Lending from wallets on multiple chains - Single streamlined interface for managing assets across different blockchains **Why it matters:** The update removes friction in DeFi by eliminating the need to bridge assets back to Avalanche before repaying loans. Users can now manage their BENQI positions from wherever their assets are located. This builds on BENQI's March integration that first introduced cross-chain repayment capabilities, continuing the protocol's focus on accessibility and user experience in decentralized lending.

**BENQI**, the Avalanche-based DeFi protocol, has secured a position in the **top 5** on the Retro9000 C-chain leaderboard. This achievement comes as the Avalanche Foundation's Retro9000 program continues its first round, which concludes on March 31st. The program ranks protocols based on specific criteria outlined by the foundation. **Key Points:** - BENQI climbed into top 5 rankings on Retro9000 C-chain leaderboard - Achievement confirmed by Avalanche Foundation updates - First round of rankings ends March 31st BENQI operates two main protocols on Avalanche: the Liquidity Market (BLM) for lending and borrowing, and Liquid Staking (BLS) for tokenized AVAX staking. Users can review the latest Retro9000 round updates and ranking methodology through the Avalanche Foundation's official channels.

BENQI, the Avalanche-based DeFi protocol, now allows users to access its yields from nearly any major blockchain network. **Key Points:** - Users can now interact with BENQI's lending and liquid staking yields across multiple chains - This cross-chain functionality expands beyond BENQI's native Avalanche ecosystem - The integration removes barriers for users on different blockchain networks to access BENQI's DeFi services **About BENQI:** BENQI operates two main protocols on Avalanche: - **BENQI Liquidity Market (BLM)**: Enables lending, borrowing, and earning interest on digital assets - **BENQI Liquid Staking (BLS)**: Provides liquid staking for AVAX, allowing staked tokens to be used in other DeFi applications This development makes BENQI's yield opportunities more accessible to users regardless of their preferred blockchain network.

**Anchorage Digital has integrated BENQI's liquid staking solution**, enabling institutional clients to stake AVAX and mint sAVAX directly through their platform. **Key Integration Benefits:** - Seamless AVAX staking and sAVAX minting for institutional clients - Access to Avalanche's liquid staking ecosystem at institutional scale - Built on sAVAX's proven reliability and composability **BENQI's Growing Dominance:** - 23.3M AVAX currently staked (+5.7M month-over-month) - sAVAX represents 4.3% of all AVAX in circulation - Over 63,000 active stakers using the protocol This partnership extends **institutional-grade access** to Avalanche DeFi, allowing clients to earn staking rewards while maintaining liquidity for other DeFi activities across the ecosystem.

**NXPC token is now available on BENQI's Avalanche lending markets** Users can supply NXPC to earn rewards, with full reward details coming this week. **What is NXPC?** - Powers the Nexpace ecosystem and MapleStory Universe Web3 game - Enables true NFT ownership and trading of in-game items - Built on Avalanche for scalability **The ecosystem uses:** - NXPC for transactions - NESO for gameplay mechanics - Avalanche L1 infrastructure This integration brings nostalgic gaming into modern DeFi through [BENQI's lending platform](https://app.benqi.fi/lending).