QiDao Weekly Updates — Week 17 (8/23–8/29/2021)
Recent Announcements
Qi staked 4,013,711 (18% of circulating supply; 1% decrease from last week)
6,360 addresses holding Qi (7% week-to-week increase)
Launched WBTC and camWBTC as collaterals for MAI
Increased WBTC and camWBTC debt ceiling by 1 million MAI each
QiDao Improvement Proposals: We have opened up Discord discussions around the upcoming QIPs:
- QIP 020 resulted in QuickSwap being the AMM that will receive the liquidity mining incentives. Link to Snapshot
- QIP 021 resulted in 3 stablecoin pairs being incentivized on QuickSwap; MAI-USDC, MAI-DAI, MAI-USDT. Link to Snapshot
- QIP 022 resulted in 2 Qi pairs being incentivized on QuickSwap; QI-ETH and QI-MATIC. Link to Snapshot
Product enhancement:
- Announced partnership with Allbridge to bridge MAI over to Solana
- Balancer Fireside Chat with CEO and founder
- Collateral Vaults queued to launch: Sushi — we’re waiting for Sushi to increase xSushi liquidity on Polygon, as they would prefer we use xSushi over Sushi
Upcoming Activities
- AMA with Balancer
- AMA with Aavegotchi
- AMA with Amun/21 Shares
- Presenting at Southeast Asia DeFi Week: YouTube stream
- Partnership with Saber on Solana
- Live QIP 023: Choosing liquidity incentives.
Things in the works
- Improvements to app site UI
- Vault incentives
- Paid marketing ads
- Collateral QIP
- Marketing campaign
- AscendEX listing
Most Recent Fireside Chats
- Bobby Goodlatte
- Beefy Finance Head of Marketing
- UMA Growth Strategist
- DODO C-Founder and CMO
- ChainLinkGod
- Gnosis Safe Business Development
- Quickswap — Tyler
- Fireside Chat with Balancer- CEO & Founder
You can find them all on our YouTube channel
Community growth
- Lao Zi Twitter: 4,649 followers (0.8% increase)
- QiDao Protocol Twitter: 1,900 Followers (8.25% increase)
- Telegram: 1,538 members (increase 1%)
- Discord: 3,538 members (increase 5.25%)
- Youtube: 294 subscribers (increase 0.7%)
Community shoutouts
- Royalaid for completing the bounty to include Adamant, Pickle and Beefy Qi in Qi Powah
Asks for the the community
Marketing: help where you can by sharing and liking content & tweets. Feel free to share marketing ideas on our community suggestions channel on Discord.
Vote — There are some exciting QIPs coming your way. You can boost you Qi Powah and earn protocol fees at https://app.mai.finance/boost
Partnerships — If you think of partnerships that can help with the following please suggest them or introduce us:
- Increase use cases of MAI
- Help MAI peg
- Increase protocol value
- Increase community growth
- Fireside chat guests
Checkout our outstanding bounties for being awarded Qi on Discord
Retweet and tag us on Twitter.
Learn more about QiDao and get involved in the community
