In addition to their Core Market assets, BenQi has just recently enabled users to supply $coq, $qi and $joe tokens, and use them as collateral to borrow $usdc.

Why is this a big deal?

• You no longer need to sell your ecosystem tokens to free up some cash (in exchange of some interest)
• If adopted widely, sell pressure should ease on the ecosystem tokens, and credit / activity should expand in the Avalanche ecosystem
• For degens: you can leverage your position onto your fav ecosystem token(s) (at your own risks)
• Bonus: we should expect rewards ($avax and/or $qi) to be attributed, at least momentarily, to users providing ecosystem tokens to boost utilization.