Highlights of the week

QiDao Weekly Updates — Week 43

(02/21–02/27/2022)

Debt ceiling increases:

• Polygon: Stake DAO am3CRV,
• Fantom: Yearn Finance FTM (2M MAI), Beefy Finance mooBIFI.
• Avalanche: Stake DAO av3CRV

Product Improvements:

• New CelsiusX vaults: borrow MAI against cxETH, xcADA and cxDOGE on Mai Finance:

MAI Universe:

• GnosisChain: MAI farming now available on Swapr

• Otterclam votes on including QI on their treasury strategies:

• Beefy’s farms with MAI on Fantom:

Governance

• QIP070: Vault Incentives Gauge (Week 4)
  Proposal details: Vault incentives are allocated a total of 0.65 Qi per block (around 180k Qi per week). Following QIP047, the distribution of these rewards among vault types will be decided every two weeks by the DAO.
  Status:

Community and frens:

• IoTex Ecosystem Spotlight chatted with QiDao:

Qi tracker:

• Amount of Qi staked: 33,344,208 (53.40%)
• 17,449 addresses holding Qi.

Upcoming:

• BSC markets.
• Arbitrum Launch.
• Proposal to add G-UNI as collateral for MAI.
• Proposal to distribute interest revenue from market operations.
• vGHAST as Collateral for MAI.
• Bribing page for QI.
• Cronos, IoTeX Launch — waiting on Chainlink integration.
• cBridge integration.
• Liquidity bootstrapping on Zenlink with a bootstrap pool for MAI-USDC.
• JulCard launch. Spend your $MAI in real life.
• Official Docs translated to several languages.
• Replenishments updates on Discord and Twitter.

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, Aurora, etc.
• QiDao Pro
• Building a QiDao automation unit to build automations that will improve the protocol.
• New amTokens.

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 on Spotify

Community growth

• Lao Zi Twitter: 6,686 followers (0.54% increase)
• QiDao Protocol Twitter: 16,803 followers (1.76% increase)
• Telegram Chat: 2,093 members (0.58% increase)
• Telegram Announcements: 310 members (3.68% increase)
• Discord: 8,710 (0.21% increase)
• Youtube: 416 (3.74% 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

Discord
Telegram Chat
Telegram Announcements
Twitter
Docs