QiDao Weekly Updates — Week 14 (8/2–8/8/2021)

Recent Announcements

  • Qi staked 3,158,609 (16% of circulating supply)
  • Vaults Launching (QIP 015): Sushi
  • 5,609 addresses holding Qi (6% weekly increase)
  • Vote passed to incentivize borrow MAI through vaults (QIP014)
  • Transak integration has been completed and will be launched during the week. This will allow users to buy crypto with fiat on QiDao’s website

Upcoming Activities

  • Voting on QIP016: Cloakwire audit
  • Voting to add part of USDC Swap fee revenue to Qi staking rewards
  • Add new collaterals

Product Improvements

New Qi boost page

New eQi analytics page

Protocol liquidity tracker

Things in the works

  • Improvements to app site UI
  • WBTC and SUSHI vaults
  • Vault incentives

Most Recent Fireside Chats

You can find them all on our YouTube channel

Community growth

  • Lao Zi Twitter: 4,496 followers
  • QiDao Protocol Twitter: 1,467 Followers
  • Telegram: 1,506 members
  • Discord: 3,538 members
  • Youtube: 277 subscribers

Community shoutouts

  • Poopster and Wraithers — organizing the UMA AMA
  • Pingu1 — starting community-run docs for QiDao
  • QiDao Master and DeFi Master — community activity

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

Checkout our outstanding bounties for being awarded Qi on Discord

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Learn more about QiDao and get involved in the community

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