BENQI Streamlines DeFi Experience with In-App AVAX Staking and Swapping
BENQI Streamlines DeFi Experience with In-App AVAX Staking and Swapping
🔄 DeFi Without The Detours
BENQI has launched a simplified DeFi experience on Avalanche. The new interface allows users to:
- Stake AVAX directly within the app
- Receive sAVAX tokens automatically
- Execute swaps without leaving the platform
Key improvements:
- Eliminated need for bridges
- Removed multi-tab workflows
- Streamlined user interface
- Enhanced yield opportunities
The update represents a significant step toward making DeFi more accessible by reducing complexity and improving user experience through a single, unified interface.
AUSD Network Announces Major Stablecoin Infrastructure Upgrade
The AUSD Network is launching a significant upgrade to the stablecoin infrastructure, marking a notable advancement in the space. This development follows recent momentum in the Ethereum stablecoin ecosystem, particularly with USDS. - Major infrastructure improvements to existing stablecoin framework - Integration with existing Ethereum stablecoin ecosystem - Focus on enhanced stability and scalability The upgrade aims to address long-standing technical limitations while maintaining compatibility with existing DeFi protocols.
Silo Finance Launches sAVAX Support with 95% LTV
Silo Finance has integrated sAVAX on Avalanche, offering a new capital-efficient borrowing solution. Key features: - 95% maximum Loan-to-Value (LTV) ratio - Up to 20x leverage capability - Maintains AVAX exposure while borrowing This integration represents the most capital-efficient option for AVAX holders on Avalanche to date. Users can now deposit and borrow through the [Silo Finance platform](https://app.silo.finance/markets/avalanche/savax-avax-118?action=borrow). Explore the new borrowing opportunities while maintaining your AVAX position.
BENQI Launches Redesigned DeFi Interface
BENQI has unveiled a completely revamped user interface for their DeFi protocol on Avalanche. The new design prioritizes: - Enhanced speed and performance - Clearer navigation and user experience - Simplified cross-chain functionality - Streamlined access to liquid staking and lending features The update represents more than a visual refresh - it's part of BENQI's strategic focus on providing essential DeFi tools for the Avalanche ecosystem. The platform aims to help users maintain liquidity and generate yield through all market conditions. *The new interface is now live and ready for users to explore.*
BENQI Updates PAYG Fee Structure for Validator Staking
BENQI has announced changes to their Pay-as-you-Go (PAYG) validator staking service on BENQI Ignite. The new structure features: - No minimum AVAX stake requirement - Fixed fee of 8 AVAX per week - Bi-weekly billing of 16 AVAX at period start - 5% discount for QI token payments BENQI provides the full 2,000 AVAX validator stake, making this ideal for short-term stakers seeking flexibility. The update aims to maintain service sustainability while keeping the platform accessible. Want to start staking? Visit [BENQI Ignite](https://benqi.fi/ignite)