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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.
Flare (FLR) is a blockchain-based platform designed to bring smart contract functionality to non-Turing complete blockchains like XRP. It enables developers to build decentralized applications and use smart contracts without compromising the underlying blockchain's efficiency.