Qi Dao QI
1. Summary
- Price
-
$0.03 +1.4%
- Market Cap
- $2.48M (#2166)
- Supply
- 83.88M / 200.00M
- Description
-
What is Qi Dao?
What is Qi Dao?
Qi Dao is an overcollateralized stablecoin protocol that allows users to mint stablecoins against the value of their decentralized token collaterals. Minting occurs through loans, denominated in stablecoins. It is a community-run, community-governed protocol where changes are made through proposals and voted on by holders of the governance token, Qi.
Governance Mechanism
The Qi token, the governance token of the QiDao Protocol, allows those who hold it to vote on changes to the QiDao Protocol. Anyone, not only Qi holders, can submit proposals for a Qi vote. Qi tokens have to be staked to form xQi in order to vote. Qi holders decide in a consensus how to distribute the Treasury funds to pay for various infrastructure needs and services. The funds in the Treasury are revenues from Closing Fees and other income streams. The governance mechanism is designed to be flexible and upgradeable over time.
MAI Stablecoin
MAI is a USD stablecoin backed solely by decentralized tokens. It is minted by users through overcollateralized debt positions and is native to every chain where it is used. MAI is a decentralized stablecoin and cannot be manipulated by centralized entities.
| Price | |
| 52W High price | $0.09 |
| 52W High date | 3rd Jun 2024 (1 month ago) |
| All Time High (ATH) Date | 16th Jun 2021 (3 years ago) |
| ATH Price | $6.09 |
| % From ATH | -99.38% |
| All Time Low (ATL) Date | 12th Dec 2023 (7 months ago) |
| ATL Price | $0.002550960000 |
| % From ATL | 1373.42% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1,024.00 |
| Total Supply | 200.00M |
| Max Supply | 200.00M |
| Circulating Supply | 83.88M |
QI
How does Qi Dao's (QI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-56.7%
QI
-16.3%
Similar Market Cap
60 Day Return
-12.5%
QI
12.6%
Similar Market Cap
1 Year Return
-2.1%
QI
-4.1%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 23,342 |
| Active Discord Users | 1,075 |
| Telegram Users | 1,817 |
| Twitter followers | 6,827 |
-
docs.mai.finance/delegation Official
-
docs.mai.finance/debt-ceilings Official
-
cointelegraph.com/news/polygon-stablecoin-qidao-exploited-for-13m-on-superfluid-vested-con...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://mai.finance/ |
|---|---|
| Explorer | https://polygonscan.com/token/0x580a84c73811e1839f... |
| @0xLaoZi |
What is the correct contract address for Qi Dao?
| Base | 0xd3fdcb837dafdb7c9c3ebd48fe22a53f6dd3d7d7 |
|---|---|
| Ethereum | 0x559b7bfc48a5274754b08819f75c5f27af53d53b |
Has Qi Dao been audited for security?
No security audits found for this project.
Are you the owner of Qi Dao? Edit it here
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