$BNQ is a Polygon based utility token of Bonq that is a decentralized liquidity platform that allows any Web3 project to create deep, protocol-owned liquidity for their native token. It is built on a decentralized, non-custodial 0% interest rate lending protocol and a formalized, data-driven risk model. The platform is built, operated and governed by the Bonq DAO, a non-profit decentralized autonomous organization (DAO).
BNQ utility token is used to monetize the value of Bonq’s ecosystem of partners, business clients and end-users. The value that comes from the Bonq platform is returned to the BNQ token holders.