Real-time price analysis QI
The current real-time price of BENQI is $0.0189and its trading volume is equal to US$8,047,350 in the last 24 hours. QI price has grew by
12.82%
on the last day and increased by
4.07%
in the last 7 days. It is important to note that BENQI’s current market capitalization is US$83,744,558and the maximum offer is 7,200,000,000 CI coins. Speaking of working inventory, QI has 4 428 059 795 coins. Currently, BENQI’s market ranking is #400.
BANKS price today
95.37%
below
always on top and that’s it
0.00%
below
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling CI are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is BENZI (QI)?
BENKI is decentralized finance (DeFi) liquidity market and staking protocol. The project runs on the Avalanche network. The BENQI protocol consists of two main products: BENQI Liquidity Market (BLM) and BENQI Liquidity Rate (BLS). QI is a native token that supports the BENQI protocol. You can view the price of QI in the chart above.
BLM is a lending and borrowing protocol.. Users can easily lend, borrow money and earn interest using their digital tokens. The product allows liquidity providers to earn income and borrowers to receive over-collateralized loans. On the other side, BLS is a liquidity betting solution it allows users to leverage the platform’s income-generating asset. The protocol tokenizes AVAX so that it can be used in DeFi applications without blockages and tedious cross-chain transfers.
BLS allows users to bid AVAX and receive sAVAX, an income-producing asset that generates income accrued through Avalanche validator rewards. Users can transfer, trade, or use sAVAX in DeFi applications such as lending and borrowing protocols. automated market makers (AMMs)and profitability aggregators. BLS users can also place an AVAX bet on an EVM-compatible Avalanche C-chain without having to stake Avalanche P-Chain, lock AVAX on a validator node, or meet a minimum stake threshold.
BLM operates using smart contracts, eliminating human intermediaries. Smart contracts calculate returns algorithmically based on supply and demand. In addition, liquidity provider rewards are also calculated algorithmically. Those who liquidate borrowers’ assets also receive remuneration according to the parameters set in the contracts.
What is a QI token?
QI is the governance and utility token of the BENQI protocol.. BENQI coin holders have the right to vote to determine the future of the project. They can propose and vote on security updates, additional protocol developments, and other options. QI also supports bettingwhere users can stake the BLS to obtain veQI. veQI is a unique utility token that allows AVA staking to be further delegated to Avalanche’s high-performance validators.
BENQI cryptocurrency is also listed on popular exchanges. You can buy and sell tokens at different prices to make a profit. BENQI’s price fluctuates like other crypto assets, creating investment opportunities. The graph above shows the real-time price of QI, which is helpful when making a purchasing decision.
Who founded BENQI?
J. D. Gagnon, Hannu Kuusi and Alexander Shul are co-founders of Rome Blockchain Labs Inc, which is responsible for the development of BENQI. It is an incubator and software development company specializing in DeFi.
JD Ganon has extensive knowledge in finance and accounting. Previously, Gagnon created the algorithmic trading platform Velox. He also founded Scotch & Ramen Media, Inc. Gagnon also served as Chief Strategy Officer (CSO) at Etherlabs, Inc. Hannu Kuusi is an experienced developer with experience building institutional-grade infrastructure for fintech and military applications.
Tokenomics QI
BENQI has a fixed supply of 7.2 billion QI tokens. By 2024, most of the tokens will be distributed through liquidity mining. The maximum supply model prevents the mining of additional tokens, which could lead to inflation. Inflation may reduce the price of QI, which will affect the sustainability of the BENQI platform. The distribution of tokens is intended to ensure the functionality of the protocol. Token distribution occurs as follows:
- Mining liquidity – 50%
- Sale – 25%
- Treasury – 14%
- Team – 10%
- Exchange liquidity – 1%
What is the trading volume of BENQI in the last 24 hours?
QI has trading volume US$8,047,350 in the last 24 hours.
What is the highest price for BENQI?
QI has the highest price $0.4081which was achieved at August 24, 2021 (2 years 6 months ago).
What is the lowest price of BENQI?
QI has the lowest price $0.00which was achieved at August 19, 2021 (2 years 6 months ago).
Which exchanges are best for buying and selling QI?
Currently, the most active and dominant exchanges for buying and selling BENQI are Binance, Kraken & Kucoin. The most popular BANKS trading pairs QI/USDT
(on
Binance
),
QI/USDT
(on
BingH
),
CI/VAVAX
(on
Trader Joe’s
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing QI?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage BANKS. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
BENQI related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
