QiDao Weekly Updates — Week 27 (11/01–11/07/2021)

  • Find our weekly fundamentals review on our Medium
  • Launched in Avalanche
  • Collaterals launched: Beefy Scream LPs as collaterals for MAI on Fantom
  • Debt ceilings reached: camWETH (Polygon), WETH (Polygon), camwMATIC (Polygon), camDAI (Polygon), FTM (Fantom), yvWFTM (Fantom), mooScreamBTC (Fantom), mooScreamFTM (Fantom), mooScreamDAI (Fantom), mooScreamETH (Fantom) — Debt ceilings on Polygon are increased 48hrs after the debt ceilings are reached. The debt ceilings on Fantom and Avalanche will be increased in response to MAIs peg performance.
  • Snapshot votes we launched: We’ve launched a vote to decide on whether to engage in strategic partnerships through KPI options. Vote
  • Qi on other chains
  • The Hub launch
  • We’ve completed our second audit: Link
  • MAI and QI are now on Dharma
  • Zapper supports QiDao on Fantom
  • QiDao helped Fantom host a $1 Million hackathon
  • Amount of Qi staked 10,120,316
  • 9,305 addresses holding Qi
  • Harmony Launch — waiting on Chainlink integration
  • Moonriver Launch
  • Votes for collaterals: BIFI, JOE
  • Spooky and Trader Joe LPs as collateral.
  • Marketing support
  • Polygon grant for liquidity
  • Grant from NEAR
  • Partnership with Crypto Colosseum
  • Liquidity incentives
  • Cross chain partnerships with projects on Moonriver, Fantom, Avalanche, Arbitrum, Cronos, Solana etc.
  • 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: 5,265 followers (0,92% increase)
  • QiDao Protocol Twitter: 6,159 Followers (6,54% increase)
  • Telegram: 1,710 members (1.54% increase)
  • Discord: 5,313 members (2,23% increase)
  • Youtube: 316 subscribers (0,32% 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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