Claiming Public Sale QI tokens

Published by AVAX on

BENQI public sale participants will be able to claim their purchased QI tokens from the claims site: https://claims.benqi.fi. Claims will be enabled on September 18, at 17:00 UTC.

Your MetaMask wallet will need to have the Avalanche Network added. The claims site automatically adds the Avalanche Network into your Metamask if it is not already on. Simply click on “Connect”, “Switch to Avalanche Chain” and click on “Switch Network” when the MetaMask prompt is shown.

Click on “Switch Network” when the MetaMask prompt is shown
Click “Add BENQI to MetaMask” to have your QI tokens displayed in your wallet after claiming

Ensure that your receiving MetaMask wallet is sufficiently funded with AVAX to claim the tokens. For users that have no AVAX in their wallets, there are 2 options to fund your MetaMask wallet with AVAX:

  1. Funding your wallet from a Centralized Exchange
  2. Bridging funds over from Ethereum through the Avalanche Bridge

BENQI public sale participants will be able to claim their QI tokens from the claims site. Claims will be enabled on September 18, at 17:00 UTC.

1. Funding your wallet from a Centralized Exchange

Multiple exchanges such as KuCoin and Binance support C-Chain transactions. The following example is using KuCoin to fund your MetaMask wallet with AVAX as it supports the Avalanche C-Chain, where the BENQI protocol will be launching on.

Ensure AVAX (C-Chain) is selected before withdrawing

2. Bridging funds over from Ethereum through the Avalanche Bridge

A feature of the new Avalanche Bridge airdrops AVAX into a user’s wallet whenever they move more than $75.00 worth of assets from Ethereum to Avalanche. This provides new cross-chain users sufficient gas to navigate Avalanche without needing to purchase AVAX off centralized exchanges. Existing users looking to purchase more AVAX or to swap assets can do so on the Pangolin Exchange.

Public Sale information (completed April 28, 2021)

Public A

Tokens allocated: 439,200,000 QI
% of total supply: 6.10%
Price per token: $0.0075 per QI
Unlock schedule: 20% on public listing and monthly release over 12 months

Minimum contribution: $500
Maximum contribution: $5,000

Special Round A

Minimum contribution: $100
Maximum contribution: $1,000

Unlock schedule: 20% on public listing and 6.67% monthly releases over 12 months

BENQI public sale participants will be able to claim their QI tokens from the claims site. Claims will be enabled on September 18, at 17:00 UTC.

The following is the dates and times for all subsequent unlocks for the public sale:

September 18, 2021, 17:00 UTC
October 19, 2021, 03:00 UTC
November 18, 2021, 13:00 UTC
December 18, 2021, 23:00 UTC
January 18, 2022, 09:00 UTC
February 17, 2022, 19:00 UTC
March 20, 2022, 05:00 UTC
April 19, 2022, 15:00 UTC
May 20, 2022, 01:00 UTC
June 19, 2022, 11:00 UTC
July 19, 2022, 21:00 UTC
August 19, 2022, 07:00 UTC

About BENQI

Built on Avalanche’s highly scalable network, BENQI’s vision of bridging decentralized finance (DeFi) and institutional networks starts by launching BENQI on the Avalanche C-Chain. Through BENQI, Avalanche users will be able to earn interest on their assets, obtain credit through over-collateralized loans and earn QI governance tokens as rewards for providing liquidity on the protocol and Pangolin. For more information about BENQI, please visit: benqi.fi

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Categories: DEFI_NEWS