QiDao

QI

Polygon's first native stablecoin protocol

$

0.000597

-2.11%
  • Trading Volume(24h)
    0.49% $ 72.683
  • Circulating Market Cap
    $ 50,041.166
  • Fully Diluted Valuation $ 119,315.77
  • Circulating Supply 83,880,221 QI
  • Total Supply 0 QI
  • Max Supply 200,000,000 QI
  • Contract Address
  • Supported Exchanges

Details

QiDao is Polygon's first native stablecoin protocol. It is self-sustaining, community-governed, and decentralized. Loans are secured by always having more value locked than the amount of debt given out. Loans are paid out and repaid in MAI, a stablecoin soft-pegged to the USD. Mai Finance is a website that connects users to the QiDao Protocol, where vaults are created and stablecoins are borrowed.

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