Could you please elaborate on the timeline surrounding the launch of BenQi coin? I'm particularly interested in understanding when this 
cryptocurrency first came into existence. Was there a specific date or a period of time during which it was officially introduced to the market? Additionally, were there any significant events or milestones that occurred around the time of its launch that might have influenced its subsequent performance or popularity?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Tommaso
    Tue Jul 23 2024
   
  
    BENQI's journey began on August 19, 2021, when it was launched on the Avalanche C-Chain. 
  
  
 
            
            
  
    
    CryptoWizard
    Tue Jul 23 2024
   
  
    As a pioneering platform, BENQI was chosen as the inaugural recipient of the Avalanche Rush Initiative. 
  
  
 
            
            
  
    
    Luigia
    Tue Jul 23 2024
   
  
    This esteemed recognition was accompanied by a significant grant of $3 million, specifically allocated to serve as liquidity incentives for BENQI's users.
  
  
 
            
            
  
    
    Carlo
    Tue Jul 23 2024
   
  
    The allocation of these incentives aimed to foster growth and adoption among BENQI's community, ensuring liquidity and stability in its ecosystem.
  
  
 
            
            
  
    
    amelia_doe_explorer
    Mon Jul 22 2024
   
  
    BENQI's integration with Avalanche C-Chain provided it with a robust and scalable blockchain infrastructure, enabling it to offer innovative financial services to its users.