With $sAVAX now integrated into @MonroeProtocol, users have up to 3 sources of yield in just a few clicks.đ Give our newest partners a follow and learn more at https://t.co/wgEUReLWL1đ€
We're thrilled to announce a partnership with @MonroeProtocol! Monroe represents a groundbreaking decentralized protocol for creating stablecoins across multiple chains, backed by the new world of liquid staking tokens LSTs and LRTs. Learn more: https://t.co/uAtgsRFa5b
@TraderJoe_xyz unites on #Avalanche with BENQI and @StructFinance, combining the power of Liquid Staking, Automated Liquidity Management, and Yield Tranching to deepen on-chain liquidity for $sAVAX and enhance yield opportunities even further. _______________
đș Struct Vault + Auto-Pool now live!
Struct Vault offers a fixed $AVAX yield at 15% APR or variable $sAVAX that also offers $QI + $AVAX incentives. Both tranches reward points for the leaderboard program.
Alternatively you can now deposit sAVAX paired with AVAX into the Trader Joe Auto-Pool, enabling automated balancing with $JOE rewards starting on the 10th. _______________
âïž The Goal of this collaboration
đDeep Liquidity By uniting we Structeteers will foster deeper liquidity for sAVAX. In turn this will help to facilitate instant and efficient swaps, giving traders better spot rates and improving accessibility of sAVAX.
đȘTargeted Firepower You now have new options for yield farming, with access to Automated Liquidity via the Auto-Pool but also tranched yield options via Structs Fixed or Variable vaults. Rewards are also bountiful, with users able to collect $JOE from the Auto-Pool or $QI and $AVAX via Structs vaults....Not to mention the points on Struct's leaderboard feature as well đ
đ€DeFi for all This 'structeteers' collaboration is a testament to the power of unity in innovation â âOne For All and All For Oneâ. It represents a significant step forward in the Avalanche #DeFi space, enhancing liquidity, security, and market efficiency. _______________
â ïžRisk Mitigation All forms of yield farming and liquidity provision come with risks of impermanent loss. This collaboration takes an approach that is designed to meet the evolving needs of the DeFi community, ensuring a resilient infrastructure for future innovations.
_______________ Join us as we redefine what's possible in DeFi. Let's build a more liquid, secure, and efficient Avalanche ecosystem together. đđȘ
BENQI Co-Founders @hn_avax and @born2hodl are joined by Codebase Director @mmartinxyz Friday January 26th at 9am EST:
We'll discuss how to support early-stage Founders including what to consider when making tech stack decisions, what to look for in an investing partner, and more.đïž
How can service providers like BENQI and programs like Codebase (@avax's new accelerator) support early-stage founders?
Set a reminder to join BENQI Co-Founders @hn_avax and @born2hodl, plus Codebase Director @mmartinxyz this Friday; we'll discuss what to consider when making tech stack decisions, what to look for in an investing partner and more.đïž
The $QI token is a native asset on #Avalanche and oversees the entire ecosystem of the BENQI protocol- including BENQI Liquidity Market and BENQI Liquid Staking.đș
$QI can be staked for a utility token; veQI, that grants @avax Validators additional $AVAX delegations from BENQI Liquid Staking.
The total supply of $QI is 7,200,000,000 tokens and distribution is designed to ensure that market participants who actively engage with BENQI will receive $QI tokens.đ«Ą
IGNITE Pay As You Go (PAYG): the most inexpensive way to launch a subnet.đ„
It's clear that crypto is gaining speed and IGNITE provides today's builders with the tools to deploy tomorrow's #Avalanche subnets.đșđ«Ą
In addition to low launch price, if you pay in $QI , you receive a 5% discount.đ
Get started with IGNITE PAYG today:
*BENQI prioritizes the safety of our community. With the increasing number of impersonators pretending to be BENQI with bad intentions, please double-check the X/twitter handles and avoid clicking any links from messages below this post.