QiDao Weekly Updates — Week 3 (5/17–5/23/2021)

Lao Zi
2 min readMay 24, 2021


Recent Announcements

  • miMatic hit the top ten tokens list on QuickSwap
  • QiDao is #10 in weekly users on Polygon
  • QIP 003 resulted in the liquidation ratio staying at 150%
  • QiDao is now on DeBank
  • Added QIP Discussions channel on Discord for dialogue around proposals

Fireside Chats

Product Improvements

  • Qi Powah: users will now be able to vote on QIPs without withdrawing their Qi from rewards
  • Additional liquidation notifications
  • Integrated rewards page into app

Upcoming Activities

  • Aave and BarnBridge fireside chats
  • QIP 004 vote: repayment fee revenue usage
  • QUICK LP rewards for Qi-QUICK and miMatic-QUICK

Protocol liquidity tracker

Things in the works

  • Reforming liquidations
  • Announcing new partnerships
  • Developing a bounty program for community rewards
  • Testnet airdrop

Community growth

  • Twitter: 1,467 followers
  • Telegram: 525 members
  • Discord: 818 members

Asks for the the community

Partnerships — If you think of partnerships that can help with the following, please suggest them or introduce us:

  • Increase use cases of miMatic
  • Help miMatic peg
  • Increase protocol value
  • Increase community growth
  • Fireside chat guests

Suggestions — Send them on our Discord suggestions channel

Create original content

  • Articles
  • Memes
  • “How to” videos

Retweet and tag us on Twitter

Learn more about QiDao and get involved in the community







Lao Zi

When I let go of what I am, I become what I might be