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The Blockchain Foundation for Innovation & Collaboration (BFIC) is a cryptocurrency designed to foster collaboration and innovation within the blockchain ecosystem. It serves as a medium of exchange for projects and initiatives that aim to improve blockchain technologies and promote their adoption across industries.
BENQI (QI) is a decentralized finance (DeFi) protocol built on the Avalanche blockchain, designed to facilitate lending and borrowing of digital assets. It allows users to earn interest on their cryptocurrency holdings while providing liquidity to borrowers, creating a seamless ecosystem for financial transactions without intermediaries.