BENQI Public Sale Registration

BENQI
2 min readApr 15, 2021

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BENQI Public Sale Registration will begin on 15th April 2021, 9am Pacific Time.

*There will be a limit to the total number of registrations.*

Following the successful raise of our Strategic Round, BENQI is thrilled to announce that the registration for our Public Sale will begin on 15th April 2021. All participants must successfully pass KYC via Tokensoft. A total of 504,000,000 QI will be available for the public rounds (A and B) on 28th April 2021.

*U.S. citizens and residents will not be able to participate in the public sale. Other restrictions apply.

Public Sale Information

*PLEASE REFER TO THE FOLLOWING LINK FOR UPDATED TERMS*

Total tokens allocated: 504,000,000 QI

Registration date and time: 15th April 2021, 9am Pacific Time
Public sale date and time: 28th April 2021, 9am Pacific Time

*Please note that there will be limit to the total number of registrations allowed.*

Public A

Tokens allocated: 439,200,000 QI
% of total supply: 6.10%
Price per token: $0.0075 per QI
Unlock schedule: 20% on public listing and monthly release over 12 months

Minimum contribution: $500
Maximum contribution: $5,000 (This was lowered from $10,000 due to overwhelming demand)

Public B

Tokens allocated: 64,800,000 QI
% of total supply: 0.90%
Price per token: $0.0090 per QI
Unlock schedule: 100% on public listing

Minimum contribution: $100
Maximum contribution: $1,000 (This was lowered from $10,000 due to overwhelming demand)

Payment options: USDC, USDT or ETH

Tokenomics overview

Fig 1: Detailed breakdown of QI tokenomics

Built on Avalanche’s highly scalable network, BENQI’s vision of bridging decentralized finance (DeFi) and institutional networks starts by launching BENQI on the Avalanche C-Chain. Through BENQI, Avalanche users will be able to earn interest on their assets, obtain credit through over-collateralized loans and earn QI governance tokens as rewards for providing liquidity on the protocol and Pangolin. For more information about BENQI, please visit: benqi.fi

Head on over to our sale partner Tokensoft and begin registration starting 9AM PST on the 15th of April 2021. We hope to see you there!

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BENQI

BENQI is a DeFi protocol on Avalanche providing users & developers access to capital-efficient DeFi products: BENQI Liquidity Market & BENQI Liquid Staking.