QiDao Weekly Updates — Week 35 (12/27–02/02/2022)
Published in
3 min readJan 4, 2022
Recent Announcements
- $150 Million Total Value Locked reached across all networks.
- Mission 2 of Qi Bonds completed. 75.000 QI were vested in 1 minute in exchange for QI-DAI LP tokens for the protocol.
- QiPowah is now tracking QI on Fantom Network. QI holders in Fantom can now participate in governance at https://vote.mai.finance/
- Users can now bridge MAI and QI to Metis, IoTeX and xDAI with Multichain (AnySwap).
- AMA with Warp.bond. We talked about how users will be able to bond $MAI to earn $WARP tokens and NFT Starship parts. Listen to it here
- QiDao partners with UMA to Power Strategic Partner Program. This will allow partners to buy Success Options from the DAO. More info here.
- QiDao has received from Julien Bouteloup the first proposal to acquire $500.000-worth $QI KPI Options.
- Upgrade of Beefy Finance $QI-$AVAX farm on Avalanche Network.
- AMA with Tetu Finance to talk about our partnership and Tetu’s new multi strategy connecting Aave, Mai Finance and Balancer to make lending and farming easier.
- MAI is now on Binance Smart Chain. 1M $MAI liquidity was added by Tomb Finance through our lending partnership
- New translations on the Community’s Unofficial Guide to Mai Finance https://guide.qidao.community/. The guide is now available in the following languages: English, Spanish, French, Italian, Portuguese, German, Vietnamese, Chinese and Turkish.
- Amount of Qi staked: 18,509,018. (51.48% of Qi locked)
- 12063 addresses holding Qi.
Upcoming:
- Arbitrum Launch.
- Cronos, IoTeX Launch — waiting on Chainlink integration.
- Tidal insurance coverage integration.
- Proposal to decide vault incentives with gauges.
- Proposal to add G-UNI as collateral for MAI.
- cBridge integration.
- Liquidity bootstrapping on Zenlink with a bootstrap pool for MAI-USDC
- CeFi partnership announcing soon
- Julcard launch. Spend your $MAI in real life.
- NEAR Partnership
- Official Docs translated to several languages.
Conversations in the works:
- Market making for MAI
- Liquidity incentives to increase demand for MAI
- Cross chain partnerships with projects on Moonriver, Fantom, Avalanche, Arbitrum, Cronos, Solana etc.
- QiDao Pro
- Building a QiDao automation unit to build automations that will improve the protocol
Most Recent Fireside Chats and AMAs
You can find them all on our fireside chats on YouTube channel
You can also listen to our fireside chats and AMAs on our podcast channel on Spotify
Community growth
- Lao Zi Twitter: 6,048 followers (3.44% increase)
- QiDao Protocol Twitter: 11,845 Followers (5.99% increase)
- Telegram Chat: 1,856 embers (1.42% increase)
- Telegram Announcements: 147 members (45.54% increase)
- Discord: 7,325 members (3,17% increase)
- Youtube: 359 subscribers (1.13% increase)
Community shoutouts
- Wraithers for being a great ambassador for the protocol and leading many community initiatives from inception to execution.
- Royalaid for organizing and actively onboarding other community members into the builders committee.
Asks for the the community
- Join our Space and help the protocol reach 1000 users on Snapshot.org to get a Verified ☑️ Space.
- As we launch on other chains, help spread the word amongst your communities to try out our 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.
Learn more about QiDao and get involved in the community
