The Next Steps for BENQI
BENQI’s goal since inception has been to bridge the gap between decentralized finance (DeFi) and what’s known as “traditional” finance. They’ve done a superb job thus far and are making efforts toward the next steps in the roadmap.
Since the launch of the protocol on August 19, BENQI has achieved:
- 1st protocol to hit the $1 billion Total Value Locked (TVL) mark on Avalanche
- $2 billion worth of supplied assets in the first 2 weeks of launch
- 13,000+ total unique users
- Peak of 3,000 daily active users
- $1.2 million in 30-Day Protocol Revenue
- 1st recipient of the Avalanche Rush initiative
- 1st protocol on Avalanche to adopt Chainlink’s decentralized price feeds
![The Next Steps for BENQI 3 Benqi avax](https://avatlon.net/wp-content/uploads/the-next-steps-for-benqi.jpg)
BENQI outlines a vision of enabling further democratization of financial products with additional protocols and improvements that align with our goals and vision.
![The Next Steps for BENQI 4 0 zdPYYzp6G07KRuNe](https://avatlon.net/wp-content/uploads/the-next-steps-for-benqi-1.jpg)
Read more into the full article outlining the future vision as well as current capabilities with BENQI here.
Twitter: @BenqiFinance