QiDao Weekly Updates — Week 26

  • Find our weekly fundamentals review on our Medium
  • Launched Beefy Scream LPs as collaterals for MAI on Fantom
  • Debt ceilings reached: camwMATIC (Polygon), camDAI (Polygon), yvWFTM (Fantom), WBTC (Fantom), WETH (Fantom) — Debt ceilings on Polygon are increased 48hrs after the debt ceilings are reached. The debt ceilings on Fantom will be increased in response to MAIs peg performance.
  • We’ve launched a vote to decide on whether to engage in strategic partnerships through KPI options. Vote
  • We’ve completed our second audit: Link
  • Zapper supports QiDao on Fantom
  • The community has voted to add $ONE as collateral for MAI
  • QiDao to receive a grant from Harmony
  • Pablo from the QiDao team gave a talk at Fantom DC about stablecoins
  • The community voted to incentivize MAI and QI liquidity on Fantom
  • QiDao helped Fantom host a $1 Million hackathon
  • QiDao was part of a Twitter Space on Polygons Twitter with Market and Beefy to celebrate the partnership
  • Amount of Qi staked 9,782,203
  • 8,923 addresses holding Qi
  • Avalanche Launch
  • Harmony Launch
  • Moonriver Launch
  • Strategies with Polygon, Fantom, Harmony teams
  • Grant from NEAR
  • Partnership with Crypto Colosseum
  • Liquidity incentives
  • Cross chain partnerships with projects on Moonriver, Fantom, Avalanche, Arbitrum, Cronos, Solana etc.
  • Hiring a PR/marketing firm
  • Creating committees lead by community members
  • Margin lending with partner DEXs
  • Polygon hackathon bounty — “How might we use automation within Mai.finance to improve the user experience?” — Team building auto-repaying loans.
  • Lao Zi Twitter: 5,217 followers (3.53% increase)
  • QiDao Protocol Twitter: 5,781 Followers (29.85% increase)
  • Telegram: 1,684 members (0.41% decrease)
  • Discord: 5,197 members ( 14.4% increase)
  • Youtube: 315 subscribers (3.28% increase)
  • As we launch on other chains, help spread the word amongst your communities to try out our vaults.
  • Spread the word of our borrowing incentives. Share with communities to encourage them to use QiDao 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.

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