TLDR
BENQI is a decentralised non-custodial liquidity market protocol built with liquidity pools. Users put their own money on the site in exchange for a percentage of the fees for providing liquidity. For each trade, liquidity providers are paid a proportion of the trading fees. As a result of using the service, backers gain additional coins that may be freely exchanged on the market. These frequently come with a number of benefits, such as the ability to vote on future growth. The additions to the protocol will be initially decided by the core team. Additional token pools will be added as the platform grows.via the TL;DR App
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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.
