Benqi is the first algorithmic lending and borrowing protocol on Avalanche. Their main goal is to provide DeFi users with a more affordable option given the high congestion in the Ethereum network. Benqi is currently providing lending and borrowing liquidity in 7 cryptocurrencies, AVAX, USDT.e, USDC.e, DAI.e, WBTC.e, WETH.e and LINK.e. Source: App.Benqi They have adopted the Linear Rate Model at the beginning. Recently, Benqi has switched to the Jump Rate Model in order to incentivize liquidi...