BENQI Expands sAVAX Integration Across Avalanche DeFi Ecosystem
BENQI Expands sAVAX Integration Across Avalanche DeFi Ecosystem
🌊 sAVAX goes everywhere
BENQI strengthens its position as Avalanche's liquid staking foundation with expanded sAVAX integrations across partner protocols.
Key developments:
- Partner protocols now integrate sAVAX directly into their platforms
- sAVAX works seamlessly across DEXes, lending markets, and restaking protocols
- Users can simultaneously earn staking rewards while using sAVAX for other DeFi activities
Multi-utility benefits:
- Provide liquidity in pools while earning staking rewards
- Use sAVAX as collateral for borrowing
- Participate in restaking protocols
- Maintain capital efficiency across the ecosystem
Previous momentum:
- Boosted LP rewards launched for tAVAX-sAVAX pairs with extra QI tokens
- Zero fees and no lock-up periods maintain user flexibility
This expansion demonstrates growing adoption of liquid staking on Avalanche, allowing users to maximize their AVAX utility without sacrificing staking rewards.
BENQI Announces Major UI Upgrades at Avalanche Summit LATAM
BENQI is set to launch significant user interface improvements, as announced by Co-Founder @born2hodl at the Avalanche Summit LATAM. The upgrade focuses on three key areas: - Enhanced user experience with streamlined asset management - More intuitive interface design - Implementation of Optimistic Finality UX These changes aim to simplify DeFi interactions while maintaining advanced functionality under the hood. The new interface will offer faster navigation and more efficient asset management capabilities.
BENQI Unveils Future Plans at Avalanche Summit LATAM
At the Avalanche Summit LATAM, BENQI Co-Founder @born2hodl revealed upcoming developments for the protocol: - **Ignite9000**: Stake $QI to run an Avalanche validator and earn additional rewards - **BENQI Miles**: Rebranding of veQI, introducing Locked Miles feature - **UI/UX Upgrades**: - Unified landing page for all dApps - Cross-chain swaps - Improved dashboard - Option to repay loans with ERC20 tokens BENQI reaffirms its commitment to driving DeFi innovation within the Avalanche ecosystem.