BENQI has introduced liquid staking on Avalanche, streamlining the staking process by connecting users with efficient validators on the network.
Leveraging Chainlink’s Proof of Reserve (PoR) and Chainlink Automation, BENQI enhances security measures to protect user funds by swiftly responding to anomalies and discrepancies in asset reserves.
In recent developments, BENQI has introduced liquid staking on Avalanche, presenting a solution to the complexities associated with maintaining staking infrastructure. By enabling users to connect with efficient validators on the Avalanche network, BENQI simplifies the staking process.
Notably, BENQI established its lending market in 2021, followed by the introduction of liquid staking in 2022. With a history of navigating through volatile periods while steadily expanding its user base, BENQI emerges as a reliable and proven platform.
Exploring the advantages of building on Avalanche, the team behind BENQI highlights the blockchain’s exceptiona

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