Crypto exchange Coinbase is putting two new digital assets onto its listing roadmap of tradable altcoins as markets continue their downtrend.
In a new announcement via Twitter, the US-based exchange says it’s adding Avalanche (AVAX)-based BENQI (QI) and Cosmos (ATOM)-based Kava (KAVA) to its roadmap.
BENQI is a decentralized finance (DeFi) protocol consisting of BENQI Liquid Staking and BENQI Liquidity Market. QI is the project’s native token used for governance and utility. It is required to vote on proposals made by the BENQI decentralized autonomous organization (DAO).
At time of writing, QI appears to have reacted positively to the Coinbase news, up 10% on the day and 21% over the last seven days. BENQI is trading for $0.0072 with a market cap of just over $23 million.
Kava is a decentralized lending protocol built on the Cosmos Network. The Kava system uses Cosmos to mint its USDX stablecoin whenever crypto is deposited to the platform as collateral. Those who deposit crypto t
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