Highlights of the week

QiDao Weekly Updates — Week 46

(03/14–03/20/2022)

Debt ceiling increases:

• Polygon: GotchiVault vGHST (500K MAI), Stake DAO am3CRV (250K MAI).

Product Improvements:

• MAI is live on Arbitrum! Borrow now against $ETH

• MAI gets a Chainlink oracle on Polygon, Fantom and Avalanche!

MAI Universe:

• Balancer launches an incentivized MAI-USDC-USDT stablecoin pool on Arbitrum https://arbitrum.balancer.fi/#/
• APWine lists a mooMaiUSDC-MAI pool. Users can speculate on the evolution of its yield or hedge from the APY volatility

8 New Pools are now Live! — Winelisting #3

• New TOMB-MAI LP on tomb.com on Fantom

• Based Finance launches a BASED-MAI LP

• InsurAce.io confirms strategic partnership with QiDao

InsurAce.io confirms strategic partnership with QiDao, the protocol behind Mai Finance.

Governance:

• QIP077: Seed Angle lending market with MAI from the DAO
  Proposal details: Seed Angle market with MAI. Angle is a overcollateralized Euro stablecoin. At the time of writing, it holds over $200M in locked value (only on Ethereum). There’s around $6M in liquidity for agEURO on QuickSwap.
  Status: Passed

Qi tracker:

• Amount of Qi staked: 42,188,781 (59.73%)
• 19,040 addresses holding Qi.

Upcoming:

• SAND as collateral for MAI
• YFI as collateral for MAI
• 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.
• 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: 6,742 followers (0.42% increase)
• QiDao Protocol Twitter: 17,508 followers (2.05% increase)
• Telegram Chat: 2,133 members (0.80% increase)
• Telegram Announcements: 323 members (2.87% increase)
• Discord: 8,863 (0.34% decrease)
• Youtube: 420 (0% 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