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QiDao

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QiDao

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Description

QiDao's platform enables users to create secure MAI asset vaults, track their MAI balance, debt, and collateral, and manage their vaults with a user-friendly interface. It provides tools to take control of MAI holdings and access the value of assets.
Category: CDP
TVL: $2.5M
Chains:
ArbitrumAvalancheBaseBinanceEthereumFantomHarmonyLineaMetisMoonbeamMoonriverOptimism
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Mai Finance (Qi Dao Protocol)

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Description

Mai Finance (Qi Dao) is a decentralized stablecoin protocol that enables minting of MAI, a collateral-backed cryptocurrency pegged to the US dollar. It offers self-repaying loans using collateralized debt positions (CDPs) and maintains stability through over-collateralization and liquidation mechanisms.
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