QI token for Liquid Staking
The QI token and the Subnet Economy
With Avalanche Subnets poised to take off, the QI token will be playing an integral role in providing subnets enhanced liquidity through Liquid Staking, validator bootstrapping and boosted DeFi rewards to liquidity providers.
This will be done through veQI, which represents the QI token locked up for a predetermined period. By accruing voting power via veQI, users, builders and DAOs will soon be able to direct staked AVAX to bootstrap and support their favorite subnets (e.g. DFK, Crabada, Dexalot).
This means veQI can direct staked AVAX to validate these subnets to receive subnet rewards, get boosted QI emissions, and much more.
Copy link