QI

BENQIQI

Rank #502
Token
On 45,063 watchlists

BENQI Price (QI)

$0.009232
0.42%

0.0000004751 BTC2.87%

0.000006919 ETH3.62%

Low:$0.009175
High:$0.009412
24h
QI  BENQI QI
Price:
$0.009232
 0.42%
Market Cap
$27,258,976
0.47%
Fully Diluted Market Cap
$66,471,603
0.42%
Volume
24h
$1,663,434
36.75%
Volume / Market Cap
0.06102
Circulating Supply
2.95B QI
41%
Max Supply
7,200,000,000
Total Supply
7,200,000,000
Sponsored

BENQI to USD Chart

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QI to USD Converter

QI

BENQI

USD

United States Dollar

QI Price Statistics

BENQI Price Today
BENQI Price$0.009232
Price Change24h$0.00003888
0.42%
24h Low / 24h High
$0.009175 /
$0.009412
Trading Volume24h$1,663,433.70
36.75%
Volume / Market Cap0.06102
Market DominanceNo Data
Market Rank#502
BENQI Market Cap
Market Cap$27,258,975.87
0.47%
Fully Diluted Market Cap$66,471,602.92
0.42%
BENQI Price Yesterday
Yesterday's Low / High
$0.009096 /
$0.009515
Yesterday's Open / Close
$0.009472 /
$0.009278
Yesterday's Change

2.05%

Yesterday's Volume$2,018,445.01
BENQI Price History
7d Low / 7d High
$0.009175 /
$0.01032
30d Low / 30d High
$0.009096 /
$0.01272
90d Low / 90d High
$0.009096 /
$0.021
52 Week Low / 52 Week High
$0.008539 /
$0.3802
All Time High
Aug 24, 2021 (a year ago)
$0.4081
97.74%
All Time Low
Aug 19, 2021 (a year ago)
No Data
BENQI ROI

2.58%

BENQI Supply
Circulating Supply2,952,608,597 QI
Total Supply7,200,000,000 QI
Max Supply7,200,000,000 QI

QI to USD Converter

QI

BENQI

USD

United States Dollar

QI Price Live Data

The live BENQI price today is $0.009232 USD with a 24-hour trading volume of $1,663,434 USD. We update our QI to USD price in real-time. BENQI is up 0.42% in the last 24 hours. The current CoinMarketCap ranking is #502, with a live market cap of $27,258,976 USD. It has a circulating supply of 2,952,608,597 QI coins and a max. supply of 7,200,000,000 QI coins.

If you would like to know where to buy BENQI at the current rate, the top cryptocurrency exchanges for trading in BENQI stock are currently Binance, MEXC, Phemex, BingX, and XT.COM. You can find others listed on our crypto exchanges page.

What Is BENQI (QI)?

BENQI is a decentralized non-custodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets. The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their “staked” AVAX to be used on Decentralized Financial protocols

The founding team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets.

BENQI was founded in 2021 with $6 million in backing. Among its strategic investors are Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc.

Who Are the Founders of BENQI?

Rome Blockchain Labs Inc. is responsible for the development of BENQI. It is an incubator and a software development firm specializing in decentralized finance (DeFi). JD Gagnon is one of the co-founders and CEO of Rome Blockchain Labs. The two other co-founders are Hannu Kuusi and Alexander Shul.

JD Gagnon graduated with a bachelor’s degree in commerce in finance and accounting from the University of Alberta in Edmonton, Canada. Before Rome Blockchain Labs, Gagnon has created the Velox algorithmic trading platform. Gagnon is also the founder and CEO of Scotch & Ramen Media, Inc. and CSO of Etheralabs, Inc.

Hannu Kuusi has experience building institutional-grade infrastructure for financial technology (fintech) and military applications.

Alexander Szul is in charge of managing the development of the BENQI liquidity market platform.

What Makes BENQI (QI) Unique?

BENQI (QI) claims to be the first DeFi Lending project on the Avalanche platform. It offers DeFi users from congested and centralized networks the option to move and place their unused assets on BENQI with no hurdles and low network fees. Avalanche allows BENQI users to seamlessly and affordably access decentralized financial services and increase control over their strategies.

Developers have the option to use BENQI to create financial products using the protocol and governance tokens.

BENQI also aims to ease the overloading of the Ethereum network by providing Ethereum users with a less expensive and faster alternative. BENQI members can withdraw liquidity from the shared liquidity market, borrow from the liquidity market and get a clear view of interest rates.

Learn more about Avalanche.

Read about Compound and Aave.

How do smart contracts work? Find out with CMC Alexandria.

What is ERC-20? Click the link and find out.

How Many BENQI (QI) Coins Are There in Circulation?

The BENQI protocol launched its own QI token on April 28, 2021. The token controls the entire BENQI ecosystem, including stocks and future versions. Only the holders of QI tokens will be able to vote on and participate in the improvement of the network.

While the founding team chose to maintain control over governance at the early stages of the platform, their plans include a full-fledged transition to a decentralized autonomous organization (DAO). In the future, all token holders will be able to contribute to the development of the project, initiate proposals and vote on issues.

The total supply of QI is set at 7,200,000,000 tokens, most of which are planned to be distributed through the liquidity mining program by 2024. During the initial coin offering (ICO) on April 28, 2021, 504,000,000 QI was sold on the Tokensoft platform. Of the total supply, 25% was allocated to token sales, 10% to the team, 14% to the treasury, 1% to exchange liquidity, and the final 50% to liquidity mining.

QI to USD Converter

QI

BENQI

USD

United States Dollar

QI Price Statistics

BENQI Price Today
BENQI Price$0.009232
Price Change24h$0.00003888
0.42%
24h Low / 24h High
$0.009175 /
$0.009412
Trading Volume24h$1,663,433.70
36.75%
Volume / Market Cap0.06102
Market DominanceNo Data
Market Rank#502
BENQI Market Cap
Market Cap$27,258,975.87
0.47%
Fully Diluted Market Cap$66,471,602.92
0.42%
BENQI Price Yesterday
Yesterday's Low / High
$0.009096 /
$0.009515
Yesterday's Open / Close
$0.009472 /
$0.009278
Yesterday's Change

2.05%

Yesterday's Volume$2,018,445.01
BENQI Price History
7d Low / 7d High
$0.009175 /
$0.01032
30d Low / 30d High
$0.009096 /
$0.01272
90d Low / 90d High
$0.009096 /
$0.021
52 Week Low / 52 Week High
$0.008539 /
$0.3802
All Time High
Aug 24, 2021 (a year ago)
$0.4081
97.74%
All Time Low
Aug 19, 2021 (a year ago)
No Data
BENQI ROI

2.58%

BENQI Supply
Circulating Supply2,952,608,597 QI
Total Supply7,200,000,000 QI
Max Supply7,200,000,000 QI