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hoahaiduongminhlan
May 05, 2022
In General Discussions
BENQI is a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network. The protocol allows users to lend, borrow, or earn interest using their digital assets. BENQI Unique Features Send and receive interest: Users deposit tokens into the BenQi platform and then receive interest. Get a loan Before borrowing, users are required to deposit any property as collateral. Then, go to the “Borrow” section and click “Borrow” to borrow the property. Set the desired amount to be borrowed based on the user’s available deposit to be used as collateral for the loan. Choose a “stable” or “variable” rate and confirm your transaction. Rates may be changed at a later time. Liquidation mechanism: Liquidation occurs when a borrower’s “Health Factor” falls below 1 because the value of their collateral does not include the correct amount of their loan/loaned value. This happens when the collateral decreases in value or when the borrowed debt increases in value relative to the collateral. The ratio of collateral to loan value is shown in the health factor. In a liquidation, up to 50% of a borrower’s debt is repaid, and that value plus a liquidation fee is taken from pre-existing collateral. Administration: The protocol will begin with centralized governance from the founding team, with the final decentralization of the protocol to be officially reconciled during implementation. QI tokens will be required to first put forward, then vote on proposals (BenQi Improvement Proposals) that will affect the key [economic, security and development] parameters of the protocol: Interest model. The addition of assets meets the risk requirements of the protocol. The collateral and liquidation parameters. Change the liquidity program and adjust incentives based on market conditions. Improve Smart Contract or governance process https://idodar.com/listing/benqi-qi/
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hoahaiduongminhlan
May 05, 2022
In General Discussions
Polygonum Online – free-to-play, cross-platform multiplayer game with NFT Marketplace and OpenWorld. Key feature is NFT Marketplace with live demand and supply from players. Open World is divided into three zones (FARM, PVP, PVE), where everyone will find something to do. https://idodar.com/listing/polygonum-online-pog/
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hoahaiduongminhlan
May 05, 2022
In General Discussions
Biconomy is a relayer infrastructure network and a transaction superhighway for Web 3.0designed to reduce friction between blockchain applications and end-users. Thus, the startup is helping blockchain developers simplify the onboarding and transaction experience for Web 3.0 projects. The Biconomy team is focused on improving the user experience of decentralized applications to make it easier to work with Web 3.0, which will possibly lead to mass adoption of the product. Biconomy Token Economy Network Fees BICO is the native token of the Biconomy blockchain. The Biconomy blockchain will act as a settlement and verification layer for all the activity on the Biconomy Network across all supported chains. The node operators pay a transaction fee in BICO to add any information https://idodar.com/listing/biconomy-bico/ 2. Stakeholder Incentives Node Operators: Validators and Executors stake BICO to start contributing to the network. They earn BICO proportional to their contribution and their BICO stake. The network can also slash their stake in the case of bad behaviour. The Validator listens to relevant transactions on other chains and records them to the Biconomy chain. The Executors see these transactions and takes an action (be it a hyphen transaction or a gasless one). Delegators: BICO token holders stake their tokens to secure the network further. They earn BICO proportional to their BICO stake. Liquidity Providers: the protocol will require active liquidity in a vast range of tokens on all supported chains. LPs provide this liquidity in various crypto assets to the protocol’s liquidity pools on different chains. A small fee will be collected when a user uses the liquidity pools, which will be distributed to the liquidity providers. Apart from this fee, they will also earn BICO in proportion to their relative contribution to a given Liquidity Pool. Governance: BICO holders can propose and vote upon decisions affecting Biconomy’s protocol and overall Network. Such decisions can include changes to the Network’s code, adding additional services, or decisions regarding the disbursement of its treasury funds. Any BICO holder can submit a proposal for consideration by the wider Biconomy community. This is a large part of Biconomy’s plans for progressive decentralization as they move towards community-led growth and self-sustainability. https://idodar.com/listing/biconomy-bico/
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