Algorithmic / under-collateralized stablecoin

BENQI's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

BENQI does not issue an algorithmic or under-collateralized stablecoin. QI is a governance/utility token. sAVAX is a collateral-backed liquid staking token (AVAX-backed, not algorithmic). This factor does not apply by protocol architecture.

Sources #

URL
BENQI Introduction — product overviewBENQI documentation — protocol overview confirming no algorithmic stablecoin productretrieved 2026-05-16

Methodology #

Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol benqi factor RD-F-069 score not_applicable collected_at 2026-05-16 11:02:12