BENQI is pleased to announce the appointment of Luke Youngblood as a strategic advisor.
Luke spearheads the development of staking and governance solutions within Coinbase as a Senior Software Engineer. Luke is also the founder and CEO of Blockscale, an early pioneer of blockchain and crypto technologies. He is a figurehead in the blockchain space as a key contributor for Tezos, having built out the first staking infrastructure for the network as well as a price oracle (Harbinger) and an algorithmic stablecoin as a co-founder of Kolibri.
“I have been following BENQI for a while now and it’s great to see them hit milestones previously unheard of. Avalanche in general, and BENQI in particular, is well positioned to bring the technology that powers DeFi to the traditional finance world. I’m excited to be able to offer my experience and connections on their path to bridge DeFi and institutional networks within a suite of DeFi products.” — Luke Youngblood, Coinbase
“Beyond being a visionary, Luke has the track record of overseeing successful delivery of large scale projects both within and without the blockchain ecosystem. I’m sure Luke’s expertise and network will be a great addition to BENQI” — JD Gagnon, BENQI
Luke is passionate about distributed systems and decentralized finance (DeFi), having spent considerable time within the Avalanche DeFi ecosystem that BENQI is at the forefront of. With BENQI recently hitting $2 billion in supplied value, Luke’s addition comes at an ideal time to help the protocol grow to new heights.
Built on Avalanche’s highly scalable network, BENQI aims to bridge decentralized finance (DeFi) and institutional networks by building a suite of DeFi products, starting with a lending protocol. 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. For more information about BENQI, please visit: benqi.fi