10000 Coin Atleast ( Long Term )
$QI Coin (BENQI) is the native token of the BENQI protocol, a decentralized finance (DeFi) platform built on the Avalanche blockchain. BENQI focuses on decentralized lending, borrowing, and staking services. Here's a brief overview:
1. Purpose: Qi Coin is primarily used for governance within the BENQI protocol, allowing holders to vote on proposals related to platform upgrades and other key decisions.
2. DeFi Ecosystem: BENQI offers decentralized lending and borrowing, enabling users to earn interest on deposits and take out loans without intermediaries.
3. Avalanche Integration: Being built on Avalanche, BENQI benefits from low fees, fast transaction speeds, and a highly scalable network.
4. Yield Staking: Users can stake Qi to earn rewards or participate in liquidity mining.#QI
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