QiDao Weekly Updates — Week 34 (12/20–12/26/2021)

Recent Announcements

  • Mission 1 of QI Bonds successfully sold out in minutes. Users supplied QI-DAI LP tokens and received a premium in the form of QI.
  • Vote passed to Instate a Gauge for Vault Incentives. Following the QIP047, our DAO will now decide what collateral types will receive borrow / vault incentives for MAI.
  • New boosted farm on SpiritSwap. Pair your $MAI and $FTM and start earning $SPIRIT on Fantom.
  • New pairs: TOMB-MAI, CLAM-MAI and HBAR-MAI on QuickSwap. Pairs also available on Beefy Finance.
  • Superfluid is launching $MAIx, which will allow anyone to stream $MAI. With this partnership, DAOs won’t have to sell their governance token to pay contributors with stablecoins.
  • Chat with the Moonbeam community. Watch it here.
  • MOVR is now accepted as collateral for MAI on Moonriver.
  • Vote passed to Engage in Bribing for Curve Rewards on Polygon and Fantom. Link to QIP048
  • MAI seeded into new Fantom Market xyz markets following QIP049 results.
  • Tomb’s pool market on Fantom MAI market. Borrow MAI against TOMB and TSHARE.
  • Vote passed to engage in Token OTC Deal with Tomb Finance Chairman. Link to QIP050
  • Vote passed to engage in Token Swap with Stake DAO. Both projects have agreed to lock the governance tokens swapped for 4 years. Link to QIP051
  • New article on the Community’s Unofficial Guide to Mai Finance about a Farming loop using SpiritSwap for the MAI-WFTM pool.
  • New farms on Avalanche. To continue earning QI rewards, users need to redeposit the LP tokens into the new farms. More details here.
  • Partnership with Tetu to bring the first DeFi strategy using MAI lending, Aave amTokens and Balancer Farming. More details here.
  • Amount of Qi staked: 16,991,162. (50% of Qi locked)
  • 11865 addresses holding Qi.


  • Arbitrum Launch
  • Cronos, IoTeX Launch — waiting on Chainlink integration.
  • Tidal insurance coverage integration.
  • Proposal to whitelist Julien Bouteloup to buy UMA KPI Options.
  • Proposal to add G-UNI as collateral for MAI.
  • Liquidity bootstrapping on Zenlink with a bootstrap pool for MAI-USDC
  • CeFi partnership announcing soon
  • Julcard launch. Spend your $MAI in real life.
  • NEAR Partnership
  • Official Docs translated to several languages.

Conversations in the works:

  • Market making for MAI
  • Liquidity incentives to increase demand for MAI
  • Cross chain partnerships with projects on Moonriver, Fantom, Avalanche, Arbitrum, Cronos, Solana etc.
  • QiDao Pro
  • Building a QiDao automation unit to build automations that will improve the protocol

Most Recent Fireside Chats and AMAs

You can find them all on our fireside chats on YouTube channel

You can also listen to our fireside chats and AMAs on our podcast channel on Spotify

Community growth

  • Lao Zi Twitter: 5,847 followers (1.78% increase)
  • QiDao Protocol Twitter: 11,176 Followers (8.5% increase)
  • Telegram Chat: 1,830 embers (1.22% increase)
  • Telegram Announcements: 101 members (14.77% increase)
  • Discord: 7,100 members (7,48% increase)
  • Youtube: 355 subscribers (1.72% increase)

Asks for the the community

  • As we launch on other chains, help spread the word amongst your communities to try out our vaults.
  • Engage in community discussions on Discord
  • Vote when we have QIPs out.
  • More important than ever are partnerships we can make on other chains — If you think of partnerships that can help please introduce us.

Learn more about QiDao and get involved in the community


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