Benqi joins the BOOST Cohort ⚡

A new $QI LP has just been launched on Trader Joe and is now receiving $AVAX BOOST incentives:

• $QI / AVAX - 24 $AVAX per day

PS: If you're new to LPing, please visit the relevant learning materials linked in the Discord Boost channel or via the Doc Centre to help you get started.
_______________

📖 $QI: We like the suit
Joe and Benqi go way back. As long-standing partners and allies building on #Avalanche, Trader Joe is proud to continue this collaborative friendship via the current Boost campaign.

🌾 Lend $JOE borrow $USDC
Recently, Benqi launched isolated markets, providing new utility for $JOE in the form of lending and borrowing. The market currently offers a collateralization rate of 45%, and suppliers can borrow $USDC when supplying $JOE.

Please understand there are additional risks around borrowing activities in DeFi, such as liquidation risk and protocol/smart contract risk.
_______________

🔺 BOOST rewards: $sAVAX
In addition to BOOST rewards for QI LP, Benqi’s LST sAVAX is also currently receiving BOOST rewards to the AVAX paired LP. In total, 24 AVAX per day are being distributed as liquidity incentives.
_______________

Enter Avalanche today and grab some BOOST ⚡

There are NO links in this post.