Highlights of the week

QiDao Weekly Updates — Week 44

(02/28–03/06/2022)

Debt ceiling increases:

• Polygon: Stake DAO am3CRV, BAL.
• Fantom: Yearn Finance DAI, Beefy Finance mooBIFI. Beefy / Scream: mooScreamETH, mooScreamBTC.
• Avalanche: Stake DAO av3CRV.

MAI Universe:

• Jarvis launches the first FX Market for MAI on market.xyz. Borrow MAI against jCAD, jEUR, jCHF, jSGD, jGBP, jJPY and other Fiat currencies.

Governance:

• QIP071: Add G-UNI as Collateral for MAI
  Proposal details: We’ve received the following proposal from Gelato to add G-UNI as collateral for MAI. This vote is to whitelist G-UNI in general. Individual LPs will be added based on what underlying assets are already accepted.
  Status: Passed
• QIP072: Seed Liquid Driver Lending Market
  Proposal details: This proposal is to decide on whether to seed MAI from the DAO into a Market.xyz to borrow against Liquid Driver assets.
  Status: Passed
• QIP073: Distribute Interest Revenue to eQI Stakers
  Proposal details: Distribute 50% of interest revenue from market operations to eQi stakers. If passed, the DAO would buy Qi with this interest revenue and distribute it to eQi stakers weekly.
  Status: Passed

• QIP074: Seed Jarvis lending market with MAI from the DAO
  Proposal details: Seed MAI from the DAO into a Market.xyz lending market for Jarvis assets. Jarvis is a stablecoin protocol for a variety of currencies. Most of its TVL is on Polygon (~$9M).
  Status: Passed
• QIP075: Seed Crypto Raiders lending market with MAI from the DAO
  Proposal details: Seed MAI from the DAO into a Market.xyz lending market for Jarvis assets. Jarvis is a stablecoin protocol for a variety of currencies. Most of its TVL is on Polygon (~$9M).
  Status: Passed

Community and frens:

• DexGuru Talk Show with Benjamin — Qi DAO Core Team:

• OhMaiGuide published a new article on the Community Guide about the new CelsiusX vaults:

• Twitter Spaces with Jarvis Network:

Qi tracker:

• Amount of Qi staked: 33,644,561 (51.95%)
• 18,451 addresses holding Qi.

Upcoming:

• Arbitrum Launch.
• vGHST as Collateral for MAI.
• BSC markets.
• Bribing page for QI.
• Cronos, IoTeX Launch — waiting on Chainlink integration.
• cBridge integration.
• 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: 6,699 followers (0.19% increase)
• QiDao Protocol Twitter: 16,962 followers (0.95% increase)
• Telegram Chat: 2,089 members (0.19% decrease)
• Telegram Announcements: 311 members (0.32% increase)
• Discord: 8,710 (0.34% 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