BENQI Tokenomics Overview
Full BENQI tokenomics breakdown: QI token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Full BENQI tokenomics breakdown: QI token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about BENQI tokenomics.
BENQI has 5 primary token utilities:
BENQI token distribution allocates 7,200,000,000 QI across 5 primary stakeholder groups:
QI uses variable cliffs and vesting schedules that change depending on the allocation:
10.2% of the total supply (735,120,000 QI) is unlocked at TGE, with the tokens split between Foundation, Public Sale, and Investors.
BENQI has a total supply of 7,200,000,000 QI, of which 3,915,000,000 QI (54.4% of total) is currently circulating.
Total length of the full BENQI emission schedule is 5 years, with 27.23% released in Year 1, while the remaining 27.77% is released over the following 4 years.
BENQI has 4 investor rounds, with the following investment price and vesting:
45% of the BENQI supply is allocated to community focused pools such as Liquidity Mining.
BENQI, built on the Avalanche blockchain, is a decentralized non-custodial liquidity market protocol designed to make financial products accessible, scalable, and user-friendly. The protocol enables users to lend, borrow, and earn interest on their digital assets with ease. By providing an open liquidity marketplace with low fees and high scalability, BENQI empowers users to manage digital assets efficiently. Its approachability, transparent interest rates, and decentralized structure foster widespread adoption of DeFi. The platform’s native token, QI, plays a pivotal role in the BENQI ecosystem. As a governance token, $QI drives decentralization by allowing token holders to participate in the decision-making process via BENQI Improvement Proposals (BIPs). Initially governed by the core team, BENQI will transition to a Decentralized Autonomous Organization (DAO), giving $QI holders the power to propose and vote on crucial changes, influencing the protocol's evolution. Additionally, QI oversees key functions such as managing the protocol’s Treasury and shaping the platform's future iterations. Users of BENQI can instantly supply assets into or withdraw them from the shared liquidity market while earning passive income based on demand. Deposited assets can also serve as collateral for borrowing. In return, users receive tokenized yield-bearing QiTokens, which can be traded or used to reclaim their deposits at any time. This ensures flexibility and liquidity for users looking to optimize their crypto investments. BENQI excels in risk management by employing audited Smart Contracts to safeguard funds. Lenders and borrowers benefit from a system designed to mitigate risks such as Smart Contract vulnerabilities and liquidation concerns. Moreover, BENQI’s governance setup, powered by $QI, ensures a transparent, community-driven approach to platform development. As the protocol expands, BENQI plans to add more token pools, further enhancing liquidity and asset diversity. Decisions regarding future integrations will ultimately be determined by the community through QI-based governance. By leveraging Avalanche’s low-cost, high-performance infrastructure, BENQI positions itself as a leading DeFi solution offering unparalleled efficiency and accessibility. BENQI’s $QI tokenomics showcase a robust ecosystem where decentralized financial management, scalability, and community participation converge to redefine traditional lending and borrowing.
