BENQI, a prominent DeFi protocol on the Avalanche blockchain, offers a suite of financial tools that empower users to leverage their digital assets. Here are some key use cases for BENQI's native token, QI: 1. Governance: * Voting Rights: QI token holders have the right to vote on critical decisions regarding the protocol's future development, such as protocol upgrades, fee adjustments, and treasury management. * Proposal Submission: Token holders can propose new features or changes to the pro
Benqi (QI) presents a compelling investment opportunity for those interested in the potential of liquid staking and the broader DeFi ecosystem. Here's why: Potential for Growth: * Liquid Staking: Benqi's liquid staking protocol allows users to stake their AVAX tokens and receive a liquid token (sAVAX) in return. This liquidity can be used for various DeFi activities, potentially driving demand for QI. * DeFi Ecosystem Growth: As the DeFi ecosystem on Avalanche expands, the demand for services
Avalanche has was worked during bear market and has set the stage for bull era with strong foundation. Every spec can come and stay at set stage it will get benefits and rewards in term of Lending and borrowing Liquid stacking Leverage marketing NFT liquidity Delegation and Decentralization Stacking RWA onchain liquidity
Something that is interesting is, AAVE on ETH facilitating with lending and borrowing. On AVAX its being provided by BANQI QI LIDO on ETH providing Liq. Stacking services. On
Bitcoin price predictions Note that, BTC ATH around in Oct/Nov,2025 with market dominace around 40% to 45%. Best selling time will Sep 2025. But bull market will last longer than previous cycles. hopefully, Now you can estimate Altcoin prices. only genuine coins will perform in this market with strong fundamentals and ecosystem.
In my previous writing, I mentioned four coins those will be moving outstandingly those were ADA AVAX DOT OM
And you see the breakouts. Although BTC has also pumped to ATH with other Alts but these coins are performing well out of box.
Next good news, ADA chang 2 upgrade is expected to be in end Nov, 2024 CEO Charles Hoskinson in advisory team of US government. Now you can easily find out it's potential outputs
AVAX bought back 1.97M token from Luna and using these perchased Avax for development of network Arena has launched New upgrades are on it's way
if there will be any new update, i will report it.
Best Altcoins to consider for this bull market 2025
AVAX avalanche can pump upto 30x. As Areana has already generated funding of 2M before launch. its the best blockchain with strong fundamentals. If any ecosystem can beat ETH in near future, its AVAX.
ADA Cardano an acadamic research based cryptocurrency. Its engagements with world are attracting the investors. Slow but flawless growth. till now it has not been involved in any conspiracy or security issues although staying in top cryptos. it can break its ATH in bull market and can reach to +5$.
OM Mantra is best in RWA tokens It can move upto 10x more from current value. this bull market is mainly for RWA and AI coin Mantra is in lead.
DOT polkadot is currently the worst crypto but its future plans and developments are incredible Polkadot2.0 Jam upgrade planing to makeworld computer, ultimate TPS, high leveled security, decentralization. It will take 20 months but it movements will be independent of whole market.