BENQI Miles

BENQI Miles, formerly known as veQI, are governance tokens that represent a user’s stake and influence within the BENQI protocol.

They're earned by staking QI tokens within the protocol and enable users to vote in Node Voting. As you stake QI, you accumulate Miles over time.

Voting

The platform is maintained by core contributors from the Avalanche community. BENQI Miles are used to vote in Node Voting, where holders direct how AVAX is delegated from BENQI's Liquid Staking Pool to Avalanche validators, covered in Node Voting.