BENQI Unveils Future Plans at Avalanche Summit LATAM
BENQI Unveils Future Plans at Avalanche Summit LATAM
🔥 BENQI's secret recipe revealed
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.
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.
BENQI Streamlines DeFi Experience with In-App AVAX Staking and Swapping
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.
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)