
BENQI
BENQI is an Avalanche DeFi protocol that combines sAVAX liquid staking, lending and borrowing, and the Ignite validator-bootstrapping program.

What is BENQI?
BENQI is a DeFi protocol on Avalanche that bundles three products in one app: sAVAX liquid staking, a non-custodial lending and borrowing market with QI rewards, and Ignite, which lets users bootstrap a validator for as little as 8 AVAX per week instead of locking the full 2,000 AVAX minimum. Users come for AVAX yield, leverage, or validator participation, with around $360M deposited across the protocol.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

