QiDao Weekly Updates — Week 28 (11/08–11/14/2021)

  • Find our week 28 fundamental review on our Medium
  • Protocol TVL crosses 100 Million
  • Farming live on Fantom: MAI-USDC and QI-FTM
  • QiDao Analytics Team receives a Grant from Polygon Ecosystem DAO
  • Pods Finance welcomes MAI as collateral
  • SpiritSwap whitelists MAI
  • MAI is now on Paintswap. You can earn Brush for providing liquidity to MAI-FTM
  • Debt ceilings reached: Polygon: WBTC, WETH, camWBTC, camWETH, camDAI, camWMATIC. Fantom: FTM, BTC, ETH, mooScreamWBTC, mooScreamFTM, mooScreamDAI, mooScreamETH, mooScreamLINK, yvWFTM, yvDAI. Avalanche: mooAaveAVAX
  • Debt ceilings will be increased in response to MAIs peg performance
  • Launched vaults on Avalanche
  • QiDao Sponsors POAPathon: There are 4 design contests and $2000 in prizes for the winners. Participate here: Link
  • Collaterals launched: Beefy Scream LPs as collaterals for MAI on Fantom, Beefy amAVAX
  • QI is now on Polygon, Fantom, and Avalanche
  • The Hub launches on Avalanche and Moonriver
  • 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 10,089,555
  • 9,562 addresses holding Qi
  • Harmony, Moonriver, Cronos Launch — waiting on Chainlink integration.
  • Votes to Incentivize MAI and QI liquidity on Avalanche
  • Spending MAI via a crypto debit card
  • Votes for collaterals: BIFI, mooBIFI, JOE.
  • Spooky and Trader Joe LPs as collateral.
  • AMA with Otterclam
  • NEAR partnership
  • Market making for MAI
  • Liquidity incentives to increase demand for MAI
  • Partnership with Crypto Colosseum
  • Cross chain partnerships with projects on Moonriver, Fantom, Avalanche, Arbitrum, Cronos, Solana etc.
  • Creating committees lead by community members
  • Building an QiDao automation unit to build automations that will improve the protocol
  • Lao Zi Twitter: 5,265 followers (3.34% increase)
  • QiDao Protocol Twitter: 7,389 Followers (19.97% increase)
  • Telegram: 1,727 members (0.99% decrease)
  • Discord: 5,684 members (6.98% increase)
  • Youtube: 322 subscribers (1.9% 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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