Pendle Announced Partnership with BENQI

TokenInsight news, DeFi Fixed Interest protocol Pendle announced a partnership with BENQI, an Avalanche-based lending protocol. BENQI has made Pendle a part of its treasury management program. In addition, the BENQI team has allocated $250,000 worth of $USDC and $AVAX from their treasury into Pendle’s qiUSDC and qiAVAX pools, obtaining fixed rates of 18% and 25% respectively.