BENQI, an algorithmic liquidity market protocol on the Avalanche blockchain network, has announced Monday the launch of a $4 million second phase of its ongoing Avalanche Rush incentive program.
According to a press release shared with CryptoPotato, the second phase of the initiative will last for 45 days.
$180M Incentive Program on Avalanche
The Avalanche Rush is a $180 million liquidity mining incentive program that seeks to onboard some of the best DeFi protocols to the AVAX network. It aims to empower both new and existing DeFi traders with several easy-to-use, fast, and cost-effective applications.
The Avalanche Rush incentive is set to run for months and has just started with top DeFi projects like Curve, Aave, and BENQI.
During the first phase of BENQI’s Rush incentive, which was worth about $6 million, BENQI’s lending market and the Avalanche ecosystem witnessed impressive growth, the PR stated.
The project recorded a peak of $2.8 billion in supply value, more than $1
We współpracy z: https://cryptopotato.com/benqi-rolls-out-4m-second-phase-of-avalanche-rush-program/
