QiDao Weekly Updates — Week 19 (9/6–9/12/2021)

QiDao Protocol
3 min readSep 14, 2021


Recent Announcements

  • We launched our new liquidity mining program with Quickswap. Through this partnership there are now 6 incentivized pools.
  • MAI can now be bridged to Avalanche and Fantom. To bridge MAI to Avalanche you can use Relay Chain. To bridge MAI to Fantom you can use AnySwap exchange.
  • We have partnered with Trader Joe, the largest DEX on Avalanche to have an incentivized MAI-USDC pool. Within the first few days of the pool being live we hit over $5 million in liquidity.
  • Amount of Qi staked 5,386,959 (22.31% of circulating supply; 0.31% increase)
  • 6,342 addresses holding Qi (1.65% week-to-week increase)
  • QiDao Improvement Proposal results: We will not move forward with QIP024 — Listing QI and MAI on AscendEX. Our team will address the community’s concerns with AscendEX. The community voted in favor of QIP025: Partnering with Amun / 21 Shares. Our team will proceed with the partnership discussions.
  • The Saber MAI-USDC pool reached over $40 million in liquidity
  • Events of the week: AMA with Index Coop
  • Weekly reward vaule from QiDao and partners is over $600,000

Upcoming Activities

  • Vault incentives set to launch next Monday
  • Vault UI updates to be released this week
  • DAI and USDT will be added to Anchor
  • New collateral QIP
  • Polygon hackathon bounty — “How might we use automation within Mai.finance to improve the user experience?”
  • Instadapp bounty

Things in the works

  • Continued Improvements to app site UI
  • LPs as collateral
  • Paid marketing ads
  • Marketing campaign

Community things in the works

  • Cam vault zappah — Royalaid
  • KPI Options — Wraithers, 0xEvan, Geekvine, Sisuspeed
  • Mai Unofficial Guide — Pingu1

Most Recent Fireside Chats

You can find them all on our YouTube channel

You can also listen to our fireside chats and AMAs on our podcast channel on Spotify

Community growth

  • Lao Zi Twitter: 4,763 followers (1.49% increase)
  • QiDao Protocol Twitter: 3,211 Followers (8.52% increase)
  • Telegram: 1,598 members (3.90% increase)
  • Discord: 3,747 members ( -1.03%decrease)
  • Youtube: 301 subscribers (increase 1.01%)

Asks for the the community

  • **Big push is marketing. Please help where you can by sharing and liking content & tweets. Feel free to share marketing ideas on our community suggestions channel on Discord.
  • Vote — The next few weeks will be important in crafting the future of QiDao. We have enabled the Qi Powah boost to give you more voting power.
  • 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.
  • Ask in Discord how you can help.
  • Retweet and tag us on Twitter.

Learn more about QiDao and get involved in the community







QiDao Protocol

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