BenQi is the native token of the BenQi Protocol which is a Automated money market on the Avalanche chain.
This protocol is extremely popular in Avalanche Locking in 3,370,628,224.42 dollar in Liquidity from users and instititutions.
I have a bag of BenQi on a Liquidity pool that earns me 170% Apy
All of my staking rewards usually go into getting more bitcoin. I'm bullish