QiDao (QI) is a DeFi protocol that lets users mint the stablecoin MAI by collateralizing crypto assets. More
Fully Diluted Valuation | $5.00M |
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24H Trading Volume | $18 |
24H Low / High | $0.02 / $ 0.03 |
Circulating Supply | 146.44M |
Total Supply | 200.00M |
Max Supply | 200.00M |
Categories | Decentralized Finance (DeFi) 4 more |
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Founder | Anonymous |
Website | mai.finance |
Socials | 1 more |
Chains |
Ethereum Ecosystem
1 more
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Explorer | Ethplorer 3 more |
Contracts |
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Name | Pair | OG Score |
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Qi Dao (QI) is a decentralized finance (DeFi) protocol that allows users to create a stablecoin called MAI by using their crypto assets as collateral. MAI is designed to stay close to the value of the US dollar.
How It Works
Users can mint MAI by locking up their crypto assets in the Qi Dao system. This lets them access liquidity without having to sell their holdings.
Benefits
Qi Dao provides a way to get loans or earn additional yields while keeping your original assets. This can be useful for managing and growing your investments.
Governance
Changes to the Qi Dao protocol are decided by Qi token holders through a voting system. This ensures that the community has a say in how the protocol evolves.
Conclusion
Qi Dao (QI) offers a practical solution for using crypto assets to mint a stablecoin and access liquidity, with a governance model that involves its users in decision-making.
Qi Dao (QI) is unique for allowing users to mint MAI, a stablecoin, by collateralizing their crypto assets, providing liquidity without selling assets and offering additional yield opportunities.
The founders of Qi Dao (QI) are anonymous.
Aerodrome (Base), Balancer V2
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