Notifi New Partnership with BENQI
Notifi New Partnership with BENQI to add web3 alerts to its two flagship apps: Liquid Staking and borrowing / lending on their Algorithmic Liquidity Market.
Notifi New Partnership with BENQI will provide the following alerts in the staking app:
- BENQI Announcements: allow BENQI users to receive updates, alpha and more, directly from the BENQI team.
- Unstake and Redeem reminders: Alert stakers once the unstake cool down period is complete and they’re able to redeem their sAVAX during the 48 hour redeem window.
- Staking withdrawal confirmation: Confirm with stakers when they have successfully redeemed sAVAX for their AVAX plus rewards.
Borrowing and Lending App
Notifi will notify borrowers and lenders of their deposits, withdrawals, and position safety. This prevents users from examining BENQI and token prices while monitoring DeFi positions. Notifi sends alerts as debtors near liquidation, reassuring them.
Notifi will provide the following alerts in the lending app:
- BENQI Announcements: BENQI users receive updates, alpha and more, directly from the BENQI team.
- Loan deposit and withdrawal confirmations: For security, borrowers receive notifications any time tokens are deposited or withdrawn from their vault.
- Loan health alerts: Borrowers receive notifications any time their Health Factor score is below: 2, 1.5, or a custom threshold set by the borrower.
- Liquidation alerts: Borrowers receive notifications when their position is liquidated.
About Notifi
Notifi empowers developers and creators to better engage with their users and communities via multichannel communications.
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. BENQI’s suite of yield-generating DeFi products consists of BENQI Liquidity Markets and BENQI Liquid Staking.
About Avalanche
Avalanche network is the blockchain industry’s quickest smart contracts platform digital asset. Avalanche is blazingly fast, low cost, echo-friendly Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
