Symbiosis Finance, a multi-chain liquidity protocol, has joined forces with Avalanche-based lending protocol Benqi Finance.
As a result of the association, users were able to borrow without restrictions and replenish liquidity pools in any coins available in the Benqi protocol.
According to the project team:
“To interact with the Benqi money protocol, it is not necessary to have an AVAX token. The Symbiosis Finance interchain protocol allows you to exchange existing assets in one click.”
The company hopes the partnership will expand the number of active users of the protocol.
The project plans to announce the second version of the protocol and add support for the first network that does not support EVM.