SynFutures Partnership with BENQI

Published on: 28.12.2021

SynFutures announce its partnership with BENQI. With both projects being core members in the DeFi community, the partnership will result in further experimentation on how to apply developments in Web3 and DeFi to enhance the quality of their core products.

SynFutures is an innovatives derivatives exchange that aims to open up the world of derivatives to all people. By creating an open and trustless derivatives market based on the free market, SynFutures creates a decentralized, trusted financial product, putting users first.

BENQI is a non-custodial liquidity market protocol that allows users to effortlessly lend, borrow and earn interest on their digital assets, by providing liquidity to the protocol.

These aspects make BENQI the ideal partner for SynFutures, as they are both preoccupied with innovative decentralized financial products that are both driven by our communities.

About BENQI

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 participating in the protocol.

About SynFutures

SynFutures is a next-generation derivatives exchange focused on creating an open and trustless derivatives market by enabling trading on anything with a price feed. By cultivating a free market and maximizing the variety of tradable assets, SynFutures is lowering the barrier to entry in the derivatives market, creating a more equitable digital assets exchange market.

SOURCE

https://medium.com/synfutures/synfutures-partners-with-benqi-to-further-enhance-the-quality-of-their-defi-products-cbda98adef4a

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