BENQI integrates dappOS V2, providing an "intention-centered" recursive staking experience

2023-10-23 12:18:26

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ChainCatcher news, the Avalanche native DeFi protocol BENQI has integrated dappOS V2, providing an "intention-centered" user experience, allowing for a one-click completion of a 20-step $sAVAX recursive staking operation, and achieving yield enhancement. Users can borrow $AVAX by staking assets from any chain, and the borrowed assets can be used directly in dApps on any other chain, with the ability to repay from any chain.

In previous news, as the first "intention-centered" Web3 operation protocol, dappOS received Pre-Seed round financing from Binance Labs in June 2023, and completed a seed round financing in July with a valuation of $50 million, led by IDG Capital and Sequoia China. dappOS has now launched a rewards system to provide long-term incentives for loyal interactive users.

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