QiDao Weekly Updates — Week 36 (01/03–01/09/2022)

Recent Announcements

• Mission 3 of Qi bonds successfully completed. Over 111K QI-DAI LP tokens already held by the protocol.
• New round of incentivized liquidity pools on Crodex. Migrate your MAI-USDC and MAI-CRO LP tokens to the new pools here.
• Twitter Spaces in Spanish with Defi para Principiantes. Listen to it here.
• Vote passed to have a Crosschain partnership with Frax to add FXS as collateral for MAI, add MAI as collateral for FRAX natively on Polygon and start a FRAX-MAI LP. Check QIP055 results.
• New Market xyz pool on Fantom to borrow MAI against BOO-FTM and xBOO https://fantom.market.xyz/pool/2
• New Market xyz pool on Fantom to borrow MAI against TOMB-FTM and TSHARE-FTM https://fantom.market.xyz/pool/3
• First round of vault incentives gauges voted. Top 5 collaterals are: mooBIFI, camWMATIC, GHST, CRV and camWBTC. Check QIP056 results.
• Interview in Spanish with the Youtuber Mad Cripto. Watch it here.
• Strategic partnership with Entropyfi to develop MAI-paired zero-loss prediction games.
• Debt ceiling increases: Fantom: mooBIFI, FTM, yvDAI. Polygon: LINK, camWMATIC, camDAI, camWBTC.
• Market xyz operations: 1M MAI seeded to Tomb Finance market, Beefy / Tomb market and SpookySwap market each.
• Voting to decide on whether to seed MAI from the DAO into a Market.xyz lending market for BSC ecosystem assets such as BNB, CAKE, BSW, and other native assets. Vote QIP057 here.
• Amount of Qi staked: 18,843,721. (53% of Qi locked)
• 12511 addresses holding Qi.

Upcoming:

• Partnership announcement with Celsius.
• Arbitrum Launch.
• Cronos, IoTeX Launch — waiting on Chainlink integration.
• Tidal insurance coverage integration.
• Proposal to add G-UNI as collateral for MAI.
• cBridge integration.
• 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, BSC, 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: 6,135 followers (1.44% increase)
• QiDao Protocol Twitter: 12,826 Followers (8.28% increase)
• Telegram Chat: 1,896 embers (2.16% increase)
• Telegram Announcements: 162 members (10.2% increase)
• Discord: 7,225 members (1,37% decrease)
• Youtube: 366 subscribers (1.95% increase)

Community shoutouts

• Miyazaki, For the involvement with the DAO throughout the voting process and the generous decision of giving the incentives received back to the community: https://twitter.com/miyazakiweb3/status/1480264853319213058

Asks for the the community

• Join our Space and help the protocol reach 1000 users on Snapshot.org to get a Verified ☑️ Space.
• 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

Discord

Telegram Chat
Telegram Announcements

Twitter

Docs