QiDao Weekly Updates — Week 12 (7/19–7/25/2021)

QiDao Protocol
3 min readJul 27, 2021

Recent Announcements

Qi staked 1,343,441 (8% of circulating supply)

Vaults Launched (QIP 11)

  • wETH
  • LINK
  • AAVE
  • camwETH
  • camAave

Added camTokens to the yield page

  • amAAVE
  • amwBTC

Moved protocol fees to multisig

5,121 addresses holding Qi

New bounties released

DinoSwap opened a MAI-USDC LP

Product Improvements

Upcoming Activities

  • Voting on QIP 12: New collateral types
  • Voting on QIP 13: Using the Deposit fee revenue to farm rewards
  • Vote on adding vault incentives

Protocol liquidity tracker

Things in the works

  • Adding new collaterals
  • UMA KPI proposal
  • Audit Proposal

Most Recent Fireside Chats

You can find them all on our YouTube channel

Community growth

  • Lao Zi Twitter: 4,212 follower
  • QiDao Protocol Twitter: 1,037 Followers
  • Telegram: 1,490 members
  • Discord: 3,263 members
  • YouTube: 247 subscribers

Community shoutouts

  • Nacho — activity on Telegram
  • Wraithers — activity on Discord

Asks for the the community

Vote — The next few weeks will be important in crafting the future of QiDao. We have enabled the Qi Powah boost to give you more voting power.

Partnerships — If you think of partnerships that can help with the following please suggest them or introduce us:

  • Increase use cases of MAI
  • Help MAI peg
  • Increase protocol value
  • Increase community growth
  • Fireside chat guests

Submit for available bounties in Discord

  • Articles
  • Videos

Checkout our outstanding bounties for being awarded Qi.

Retweet and tag us on Twitter.

Learn more about QiDao and get involved in the community

Discord

Telegram

Twitter

Docs

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QiDao Protocol

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