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Magic Eden (ME) is a decentralized marketplace primarily focused on non-fungible tokens (NFTs) on various blockchain networks. It allows users to buy, sell, and trade NFTs seamlessly, providing a platform for creators and collectors to engage in the growing digital asset space.
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.