Meet The Company That is Avalanche’s First Unicorn at Nearly $2 Billion in TVL

Meet The Company That is Avalanche’s First Unicorn at Nearly $2 Billion in TVL

BENQI, Avalanche’s first & only unicorn, is a very intriguing company. With nearly $2 billion in total value locked, the DeFi protocol is getting noticed by many people. Algorithmic liquidity will play a crucial role in the future development of decentralized finance solutions and products. What Is BENQI Exactly? As a company founded by individuals involved in Ethereum and its DeFi ecosystem, BENQI’s team acknowledged the potential of blockchain and crypto assets early on. Although Ethereum’s blockchain has technical limitations leading to scaling concerns and high....

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