QiDao Weekly Updates — Week 22 (9/27–10/3/2021)

  • New collaterals launched: BAL, dQUICK, GHST start borrowing against these collaterals now at app.mai.finance/vaults/create
  • 4 Debt ceilings reached: camWBTC, WETH, dQUICK, GHST — Debt ceilings are increased 48hrs after the debt ceilings are reached.
  • Amount of Qi staked 6,528,489 (8.37% increase)
  • 8,285 addresses holding Qi (1.02% decrease)
  • Aavegotchi — Lao wearables launched. Aavegotchi had a record number of Godlike raffle tickets sold. A complete Laozigothci set on the secondary market will now set you back around 700K MAI :)
  • Events — Aavegotchi raffle 5 party, Relay chain AMA, QuickSwap chat, Instadapp growth call
  • See our weekly fundamentals review for a deeper dive into the QiDao financials
  • Increasing GHST, BAL, dQUICK debt ceiling by 1 million MAI
  • Market.xyz partnership launch
  • Polygon hackathon bounty — “How might we use automation within Mai.finance to improve the user experience?”
  • Voting on LPs as collateral through Market.xyz
  • Voting on adding additional collaterals
  • Fireside chat with Aavegotchi
  • Strategies with Polygon team
  • QiDao being part of the Polygon Ecosystem Dao
  • Partnering with NFT and gaming projects on Polygon
  • Updated home page
  • Updated landing page
  • LPs as collateral
  • Cross chain partnerships — Moonriver, Fantom, Arbitrum, Cronos etc.
  • Advertisement in Polygonscan and Dappradar
  • Sponsoring two coffee stations at Liscon
  • Creating committees lead by community members
  • Integrating the camToken zappah made by Royalaid
  • Lao Zi Twitter: 4,863 followers (0.75% increase)
  • QiDao Protocol Twitter: 3,695 Followers (3.65% increase)
  • Telegram: 1,648 members (0.36% decrease)
  • Discord: 3,950 members ( 5.42% increase)
  • Youtube: 302 subscribers (1.34% increase)
  • Pingu — For the great management of the unofficial docs. The docs are now translated into 7 different languages: English, French, Spanish, Chinese, Portugues, Italian, Vietnamese
  • Instadapp bounty — We are looking for individuals that are interested in building cool automations using instadapp. More information about the bounty can be found here
  • We have launched our borrowing incentives. Spread the word, share with communities to encourage them to use QiDao Vaults.
  • Vote when we have QIPs out.
  • Partnerships — If you think of partnerships that can help please introduce us.
  • LisCon marketing ideas — Example POAPs, NFT giveaways

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