QiDao Weekly Updates — Week 29 (11/15–11/21/2021)

  • Find our weekly fundamentals review on our Medium
  • Debt ceilings policy updated, check it on our official docs
  • The community has received a proposal from Beefy Finance to add mooBIFI as collateral for MAI — Snapshot
  • MAI included in Crodex on Cronos. Get CRX farming CRO-MAI and MAI-USDC
  • ETHAlend includes a new eVault, supply MAI-USDC and earn yields in QI and ETHA
  • JulCard adds MAI to their VISA Card
  • SpookySwap LPs added as collateral, use mooBooBTC-FTM and mooBooETH-FTM to borrow MAI
  • POAPathon submissions concluded. Winners will be announced SoonTM.
  • MAI’s first lending market on Fantom. Leverage MAI-USDC yield or lend MAI on Tarot Finance
  • MAI joins Polygon’s Green Market. Borrow MAI against BCT and sKLIMA or lend out MAI to earn interest
  • Voting to seed MAI into Market.xyz ‘s Green Leverage Locker.
  • QIP approved to incentivize MAI and QI liquidity on Avalanche
  • Farming live on Avalanche: QI-WAVAX and MAI-av3CRV
  • Amount of Qi staked 10,394,339
  • 9,562 addresses holding Qi
  • Harmony, Moonriver, Cronos Launch — waiting on Chainlink integration.
  • Creation of the Green Committee to make MAI a green stablecoin.
  • Voting on: Adding xJOE as collateral for MAI, Seeding Index Coop lending market on market.xyz with MAI, Tidal Finance insurance proposal
  • New liquidity pool being added on QuickswapDEX : HBAR-MAI
  • Increasing debt ceilings on Polygon (11/24). Fantom and Avalanche debt ceilings will be raised after watching MAIs peg performance.
  • Trader Joe LPs as collateral.
  • ELK farms launching Thursday
  • AMA with Elk Finance
  • NEAR Partnership
  • Partnership with Crypto Colosseum Launching Tuesday
  • Market making for MAI
  • Liquidity incentives to increase demand for MAI
  • 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
  • SpiritSwap collaboration
  • Lao Zi Twitter: 5,540 followers (5,22% increase)
  • QiDao Protocol Twitter: 7,900 Followers (6,92% increase)
  • Telegram: 1,747 members (1.16% decrease)
  • Discord: 5,808 members (2,18% increase)
  • Youtube: 327 subscribers (1,55% 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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