benqi

ChainCatcher news, according to official information, OKX Web3 DeFi has launched a subsidy campaign in collaboration with BENQI. From December 19, 2023, 6:00 PM (UTC+8) to March 18, 2024, 6:00 PM (UTC+8), users can stake AVAX to receive sAVAX, and stake sAVAX into sAVAX-WAVAX to enjoy an additional interest rate of up to 7% APR. In addition, users can receive extra rewards by interacting with sAVAX. Users can connect their wallets or create a new OKX Web3 wallet, and enter the DeFi page to search for AVAX for staking, or search for sAVAX to participate in providing LP or lending activities.It is reported that the OKX Web3 wallet DeFi section is a one-stop on-chain investment platform, now aggregating over 15 public chains, 80+ projects, and 200+ protocols of various investment products. It supports users in one-click cross-coin investments, automatic yield calculations, and other convenient operations, helping them improve capital utilization while saving on Gas, making DeFi investments simpler.

ChainCatcher news, the Avalanche native DeFi protocol BENQI has integrated dappOS V2, providing an "intention-centered" user experience, allowing for a one-click completion of a 20-step $sAVAX recursive staking operation, and achieving yield enhancement. Users can borrow $AVAX by staking assets from any chain, and the borrowed assets can be used directly in dApps on any other chain, with the ability to repay from any chain.In previous news, as the first "intention-centered" Web3 operation protocol, dappOS received Pre-Seed round financing from Binance Labs in June 2023, and completed a seed round financing in July with a valuation of $50 million, led by IDG Capital and Sequoia China. dappOS has now launched a rewards system to provide long-term incentives for loyal interactive users.

ChainCatcher news, the Web3 operation protocol dappOS has released the V2 version roadmap, which includes new features such as unified accounts, task-related order execution, and a brand new bidding system. In addition, the first batch of projects supported by dappOS V2 includes Benqi, Cheems, Curve, DeFi Kingdom, Frax Finance, GMX, KyberSwap, Lido, Perpetual, QuickSwap, StarryNift, SyncSwap, and SynFutures.ChainCatcher previously reported, in June 2023, dappOS received investment from Binance Labs. (source link)

ChainCatcher news, the second session of the "Zhen" series event hosted by ChainCatcher and RootData was held today in Hong Kong. In this session, ChainCatcher invited several industry Builders and investors to discuss the theme of "New Cycle and New Narrative." Bree, the market partner of the Web3 operating system dappOS, delivered a speech titled "The operating protocol for dApps."Bree introduced that dappOS is an operating protocol designed to lower the barriers to interacting with crypto infrastructure. Through dappOS, users can enter DApps with a Web2 experience, avoiding usage friction such as mnemonic phrases, accounts that cannot be reset, and data or wallets distributed across different chains. dappOS also optimizes the seamless experience for users on Chain A when using dApps on Chain B. For example, after integrating the dappOS dApp frontend SDK into OP Perpetual, users can use and receive assets on Ethereum with only 4 clicks instead of the previous 76 clicks, reducing the time from 12 minutes to less than one minute, greatly simplifying various user operations and saving time. In addition, dappOS has launched a Mini-program Platform that allows users to view multiple assets through a unified account and complete complex operations such as cross-chain transactions, supporting cross-chain and cross-currency merged payments within the account.Currently, dappOS has integrated 15 dapps including GMX, Benqi, Perpetual, Pangolin, Kyber, and public chains like Polygon, Avalanche, and zkSync, with the number of addresses exceeding 10,000 and a total TVL exceeding 3 million USD.

ChainCatcher message, Coinbase will add support for BENQI (QI) on the Avalanche network (ARC-20 Token). If liquidity conditions are met, trading will begin at or after 1:00 AM Beijing time on November 24. If sufficient supply of the asset is established, the QI-USD trading pair will be opened in phases. (Source link)

ChainCatcher news, according to its official Twitter, Coinbase announced the addition of Benqi (QI) and Kava (KAVA) to its asset roadmap.It is reported that Benqi is a lending protocol built on Avalanche, and QI is the governance token of the protocol; Kava is a cross-chain DeFi platform that offers collateralized lending for mainstream digital currencies. (source link)