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What Is BenQi? How To Use BenQi For Avalanche Users

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Recently, Decentralized Finance (DeFi) has grown substantially in the last 2 years. Today, Avaxholic would like to introduce a protocal built on Avalanche Network that can help you lend and borrow to invest in this crypto trading world, it's called BENQI. What Is BENQI? BENQI is a non-custodial liquidity market protocol built on Avalanche, enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner. For more details, read more: What is BenQi Finance(QI)? Everything you need to know about QI token What Is BenQi (QI) Token? The QI token is a native asset on Avalanche and oversees the entire ecosystem of the BENQI protocol including future iterations of the protocol. QI is required to vote and decide on the outcome of proposals through BENQI Improvement Proposals (BIPs). Examples of parameter... Source : W...
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Friktion Launch Cross-Chain Deposit Support For Ethereum And Avalanche

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Welcome gamers and crypto lovers, Avaxholic is happy to share that Friktion Launch Cross-Chain Deposit Support For Ethereum And Avalanche. So let explore it in today’s article! Cross-Chain Deposits Now Enabled Today we’re excited to launch cross-chain deposit support for Ethereum and Avalanche! Users can now bridge native assets from these chains to Solana and access Friktion’s strategiespowered by the Portal Bridge (by Wormhole). As Layer 1 blockchains for DeFi ecosystems develop, Friktion wants to make it possible for users of any chain to use our risk-adjusted yield generating algorithms. Let’s Demonstrate How You Can Get Started With This New Feature Step 1: Visit our website — https://app.friktion.fi/ and connect your wallet Step 2: Select any Volt and assets that have cross-chain support (currently Volt#01: ETH & AVAX)  Make sure to familiarize yourself with the risk and reward profiles of the Volts you’re using Step 3: Select the option to Deposit f... Source : ...
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AMA Rush Recap: Swapsicle

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We’re proud to be one of the biggest Avalanche Ecosystem Community. Our discussion group has over 20,000 investors in #Avalanche. We always update the latest news for investors in #Avalanche projects. We want Avaxholic to be the biggest community for anyone who joins Avalanche Ecosystem to have a freedom of speech to discuss with everyone. “Avaxholic - together we BUILD”. Besides updating news, we’re upgrading more about data analytics - real time data and research about projects to help investors always be confident when investing in Avalanche Ecosystem. We’re honored to welcome our guests today: @DaleXYZ and @tcwardle from Swapsicle!!! Tom Wardle | Swapsicle: It's our pleasure to be here! Avaxholic: Nice! Before we start, could you please introduce your team and Swapsicle DEX to the AVAX community? Tom Wardle | Swapsicle: The Swapsicle DEX is built on the Avalanche blockchain and offers all the usual functions such as swaps, staking and farming. We have lots of fea... S...
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