MAI
MIMATIC
#4176
News about MAI
26 Aug 2023, 11:04
📢 Important Announcement
QI Liquidity Mining Allocation and Migration Updates:
Hey Qimps,
In anticipation of the upcoming Qi Migration here’s an important announcement regarding the liquidity mining allocation for the QI/WMATIC LP.
Liquidity Mining Allocation Update:
As part of the ongoing strategy to decrease and optimise the use of QI emissions, the liquidity mining allocation for the QI/WMATIC LP (QuickSwap) will stop next week. This adjustment is in preparation for the upcoming QI migration and is aimed at ensuring a smooth transition for all our users.
The budget allocated to said LP will be accumulated to boost the initial weeks yield after the migration.
⚠️ Action Required: Withdrawing and Breaking QI LPs:⚠️
It’s highly encouraged for all users who are currently participating in the QI/WMATIC LP to take immediate action. It is important to withdraw and break your LP positions as soon as possible. This step is crucial to ensure that you are prepared for the upcoming migration and to avoid any potential impermanent losses associated with your QI bags.
Snapshot and newQI Airdrop Details:
Before the migration takes place, a snapshot of locked QI balances as well as QI balances held in wallets will be made. The newQI tokens will be airdropped based on these balances, in accordance with the thresholds and guidelines that have been approved by our governance. Be aware that due to its complexity, the protocol can’t guarantee that QI held in smart contracts will reach its end users. Please withdraw to your wallet or get in contact with the smart contract owner to make sure they are aware of the migration process.
Extra notes:
- The protocol is in contact with the main QI Liquid staking solutions deployers to facilitate this migration.
- Since QI is moving to being Ethereum native, all QI held on Ethereum will be already newQI, no user action needed. eQI and QI held on other chains will receive their correspondent share based on their current positions.
- Bridging of QI was only possible with Multichain, please do not attempt to bridge QI by any means. The protocol is very close to deploying a new solution for omnichain bridging to make QI available on every chain after migration.
TL;DR:
- Incentives for QI-WMATIC will stop next week to prepare for migration.
- ⚠️ Action required: Withdraw liquidity and break QI LPs to avoid impermanent loss risks and facilitate calculating users holdings.
- A snapshot will be made for users to receive newQI + locked QI LP based on governance approved thresholds.
Stay tuned for further updates and @QiDaoNews as the protocol moves forward with the migration process. If you have any questions or need assistance, please don't hesitate to reach out on the newly created Qi Migration channel on Discord.
Important Announcement. QI Liquidity Mining Allocation and Migration Updates:. Hey Qimps,.📢 Important Announcement
QI Liquidity Mining Allocation and Migration Updates:
Hey Qimps,
In anticipation of the upcoming Qi Migration here’s an important announcement regarding the liquidity mining allocation for the QI/WMATIC LP.
Liquidity Mining Allocation Update:
As part of the ongoing strategy to decrease and optimise the use of QI emissions, the liquidity mining allocation for the QI/WMATIC LP (QuickSwap) will stop next week. This adjustment is in preparation for the upcoming QI migration and is aimed at ensuring a smooth transition for all our users.
The budget allocated to said LP will be accumulated to boost the initial weeks yield after the migration.
⚠️ Action Required: Withdrawing and Breaking QI LPs:⚠️
It’s highly encouraged for all users who are currently participating in the QI/WMATIC LP to take immediate action. It is important to withdraw and break your LP positions as soon as possible. This step is crucial to ensure that you are prepared for the upcoming migration and to avoid any potential impermanent losses associated with your QI bags.
Snapshot and newQI Airdrop Details:
Before the migration takes place, a snapshot of locked QI balances as well as QI balances held in wallets will be made. The newQI tokens will be airdropped based on these balances, in accordance with the thresholds and guidelines that have been approved by our governance. Be aware that due to its complexity, the protocol can’t guarantee that QI held in smart contracts will reach its end users. Please withdraw to your wallet or get in contact with the smart contract owner to make sure they are aware of the migration process.
Extra notes:
- The protocol is in contact with the main QI Liquid staking solutions deployers to facilitate this migration.
- Since QI is moving to being Ethereum native, all QI held on Ethereum will be already newQI, no user action needed. eQI and QI held on other chains will receive their correspondent share based on their current positions.
- Bridging of QI was only possible with Multichain, please do not attempt to bridge QI by any means. The protocol is very close to deploying a new solution for omnichain bridging to make QI available on every chain after migration.
TL;DR:
- Incentives for QI-WMATIC will stop next week to prepare for migration.
- ⚠️ Action required: Withdraw liquidity and break QI LPs to avoid impermanent loss risks and facilitate calculating users holdings.
- A snapshot will be made for users to receive newQI + locked QI LP based on governance approved thresholds.
Stay tuned for further updates and @QiDaoNews as the protocol moves forward with the migration process. If you have any questions or need assistance, please don't hesitate to reach out on the newly created Qi Migration channel on Discord.
11 Aug 2023, 16:04
09 Aug 2023, 20:42
https://twitter.com/QiDaoProtocol/status/1689376126508875776?s=20
09 Aug 2023, 16:05
🔔Live now on twitter!
🗨️ Construyendo proyectos DeFi desde Latinoamérica para el mundo.
🎙Meta Pool x QiDao:
Live now on twitter. Construyendo proyectos DeFi desde Latinoamérica para el mundo. Meta Pool x QiDao:.🔔Live now on twitter!
🗨️ Construyendo proyectos DeFi desde Latinoamérica para el mundo.
🎙Meta Pool x QiDao: https://twitter.com/i/spaces/1jMKgLmQlgyGL
08 Aug 2023, 16:33
https://twitter.com/QiDaoProtocol/status/1688950793477533696?s=20
23 Jul 2023, 21:52
https://twitter.com/QiDaoProtocol/status/1683232943253143553?s=20
13 Jul 2023, 17:39
https://twitter.com/QiDaoProtocol/status/1679538000529596416?s=20
11 Jul 2023, 21:55
https://twitter.com/QiDaoProtocol/status/1678885216746700800?s=20
11 Jul 2023, 16:38
https://twitter.com/QiDaoProtocol/status/1678805512962310146?s=20
11 Jul 2023, 14:56
https://twitter.com/QiDaoProtocol/status/1678779817624489985?s=20
10 Jul 2023, 15:44
https://twitter.com/QiDaoProtocol/status/1678429491645890561?s=20
09 Jul 2023, 18:18
https://twitter.com/QiDaoProtocol/status/1678105622259048449?s=20
07 Jul 2023, 09:45
https://twitter.com/QiDaoProtocol/status/1677252163599212544?s=20
07 Jul 2023, 09:13
https://twitter.com/QiDaoProtocol/status/1677243993149652992?s=20
06 Jul 2023, 22:32
The protocol is aware of the ongoing incident at Multichain and is monitoring the situation.
While facts are not clear, some precautionary measures have been taken:
- There is currently 0 MAI exposure on Multichain
- Debt ceilings on Fantom have been set at a minimum
https://stargate.finance/ and Axelar Network (via may be used as an alternative for bridging MAI.
More updates to come as more information becomes available.
The protocol is aware of the ongoing incident at Multichain and is monitoring the situation.The protocol is aware of the ongoing incident at Multichain and is monitoring the situation.
While facts are not clear, some precautionary measures have been taken:
- There is currently 0 MAI exposure on Multichain
- Debt ceilings on Fantom have been set at a minimum
https://stargate.finance/ and Axelar Network (via https://app.squidrouter.com/) may be used as an alternative for bridging MAI.
More updates to come as more information becomes available.
05 Jul 2023, 21:29
https://twitter.com/QiDaoProtocol/status/1676703815276412930?s=20
05 Jul 2023, 20:07
https://twitter.com/QiDaoProtocol/status/1676661617356951562?s=20
03 Jul 2023, 18:45
🚨A new Arrakis Finance stable pool is live now on #Polygon!
🧠 Earn $QI with your $MAI bags. Zero deposit fees 👀
⚖️LP: $MAI + USDC
💧Incentivised Arrakis vault: https://beta.arrakis.finance/vaults/0xf5653d244261e585fd8fc5afc6b5032a947bd982?name=MAI
🪙Rewards: $QI
A new Arrakis Finance stable pool is live now on #Polygon. Earn $QI with your $MAI bags. Zero deposit fees. LP: $MAI + USDC.🚨A new Arrakis Finance stable pool is live now on #Polygon!
🧠 Earn $QI with your $MAI bags. Zero deposit fees 👀
⚖️LP: $MAI + USDC
💧Incentivised Arrakis vault: https://beta.arrakis.finance/vaults/0xf5653d244261e585fd8fc5afc6b5032a947bd982?name=MAI
🪙Rewards: $QI
01 Jul 2023, 18:51
🚴♂️The race for the highest stable yields continues on VelodromeFi V2!
🔴 Join the $MAI track on #optimismFND with:
🔸USDC/MAI
🔸DOLA/MAI
🔸alUSD/MAI
🔸FRAX/MAI
🔸LUSD/MAI
🔗 https://app.velodrome.finance/liquidity?query=mai
🧵👇
The race for the highest stable yields continues on VelodromeFi V2. Join the $MAI track on #optimismFND with:. USDC/MAI.🚴♂️The race for the highest stable yields continues on VelodromeFi V2!
🔴 Join the $MAI track on #optimismFND with:
🔸USDC/MAI
🔸DOLA/MAI
🔸alUSD/MAI
🔸FRAX/MAI
🔸LUSD/MAI
🔗 https://app.velodrome.finance/liquidity?query=mai
🧵👇
https://twitter.com/QiDaoProtocol/status/1675209554043322368?s=20
24 Jun 2023, 14:40
https://twitter.com/qidaoprotocol/status/1672614876811001856?s=46&t=4wPjTkuK4ssIB5ng8t9mYQ
21 Jun 2023, 11:51
https://twitter.com/QiDaoProtocol/status/1671485168740335616?s=20
20 Jun 2023, 16:45
https://twitter.com/QiDaoProtocol/status/1671196361155551233?s=20
10 Jun 2023, 13:28
https://twitter.com/QiDaoProtocol/status/1667516221967970306?s=20
07 Jun 2023, 06:47
https://twitter.com/QiDaoProtocol/status/1666332476527251457?s=20
27 May 2023, 19:55
https://twitter.com/QiDaoProtocol/status/1662547621796511745?s=20
22 May 2023, 13:12
17 May 2023, 20:48
https://twitter.com/QiDaoProtocol/status/1658937282617827331?s=20
11 May 2023, 15:06
https://twitter.com/QiDaoProtocol/status/1656676838553554953?s=20
05 May 2023, 16:03
https://twitter.com/QiDaoProtocol/status/1654516630544580608?s=20
04 May 2023, 14:37
https://twitter.com/QiDaoProtocol/status/1654132577668681730?s=20
03 May 2023, 14:58
https://twitter.com/QiDaoProtocol/status/1653772437098561536?s=20
02 May 2023, 19:38
24 Apr 2023, 16:39
https://twitter.com/qidaoprotocol/status/1650539768214704128?s=46&t=4wPjTkuK4ssIB5ng8t9mYQ
17 Apr 2023, 10:49
14 Apr 2023, 19:52
https://twitter.com/QiDaoProtocol/status/1646962545515810830?s=20
14 Apr 2023, 12:31
https://twitter.com/QiDaoProtocol/status/1646852518897491969?s=20
06 Apr 2023, 21:33
31 Mar 2023, 17:02
⬆️ Debt ceiling increase! ⬆️
📅 3/31 at 8PM UTC (4PM in Toronto 🇨🇦)
🔵 #arbitrum
$gDAI GainsNetwork: 500k $MAI
site: app.mai.finance
Debt ceiling increase. 3/31 at 8PM UTC (4PM in Toronto ). #arbitrum. $gDAI GainsNetwork: 500k $MAI. site: app. finance.⬆️ Debt ceiling increase! ⬆️
📅 3/31 at 8PM UTC (4PM in Toronto 🇨🇦)
🔵 #arbitrum
$gDAI GainsNetwork: 500k $MAI
site: app.mai.finance
26 Mar 2023, 14:53
⬆️ Debt ceiling increase! ⬆️
📆 3/26 at 7PM UTC (1PM in El Salvador 🇸🇻)
$stETH - $ETH | CurveFinance LidoFinance BeefyFinance: 1M $MAI
Start here: app.mai.finance
Debt ceiling increase. 3/26 at 7PM UTC (1PM in El Salvador ). $stETH - $ETH | CurveFinance LidoFinance BeefyFinance: 1M $MAI.⬆️ Debt ceiling increase! ⬆️
📆 3/26 at 7PM UTC (1PM in El Salvador 🇸🇻)
$stETH - $ETH | CurveFinance LidoFinance BeefyFinance: 1M $MAI
Start here: app.mai.finance
25 Mar 2023, 13:58
🌯 New $wstETH vaults on #Polygon!
🌱🚿 Grow your $ETH bags while utilising its value with $MAI 🪙
🔥 Mint $MAI at 0% interest with yield bearing Lido Finance's staked #ETH👀
🔗 Start here
🧵👉🏼
New $wstETH vaults on #Polygon. Grow your $ETH bags while utilising its value with $MAI.🌯 New $wstETH vaults on #Polygon!
🌱🚿 Grow your $ETH bags while utilising its value with $MAI 🪙
🔥 Mint $MAI at 0% interest with yield bearing Lido Finance's staked #ETH👀
🔗 Start here http://app.mai.finance/vaults/137/wsteth
🧵👉🏼 https://twitter.com/qidaoprotocol/status/1639625852689186816?s=46&t=gU8OIs9WN-trKfn2Car4MA
24 Mar 2023, 22:26
✨ New $KNC vaults on http://mai.finance!✨
🔥 Borrow $MAI interest-free on #Arbitrum & #Optimism
🤝 Use case for Kyber Network Crystal holders
🪙 Up to 71.4% LTV
🛡 Powered by Chainlink oracles
🚜 Ways to use $KNC and farm with $MAI on KyberSwap
🧵👇
New $KNC vaults on . Borrow $MAI interest-free on #Arbitrum & #Optimism. Use case for Kyber Network Crystal holders. Up to 71.✨ New $KNC vaults on http://mai.finance!✨
🔥 Borrow $MAI interest-free on #Arbitrum & #Optimism
🤝 Use case for Kyber Network Crystal holders
🪙 Up to 71.4% LTV
🛡 Powered by Chainlink oracles
🚜 Ways to use $KNC and farm with $MAI on KyberSwap
🧵👇
https://twitter.com/QiDaoProtocol/status/1639392211132375040?s=20
22 Mar 2023, 09:47
🔥Exciting news! 🔹arbitrum has selected @QiDaoProtocol to receive an 386,311 $ARB airdrop
This is a major show of support to further consolidate $MAI as a leading decentralized stablecoin on arbitrum 💙
Thanks to arbitrum 🙇♂️ for recognizing our efforts to build a better DeFi 🙏
The DAO multisig address that will receive the $ARB tokens is:
(arbitrum address) 0xF32e759d5f1c63ed62042497d3a50F044eE0982b
In addition to providing a native decentralized stablecoin,
QiDao also offers several collaterals on #arbitrum for 0% interest loans👇🏼
$gDAI | Gains Network:
$WBTC:
$WETH:
Exciting news. arbitrum has selected @QiDaoProtocol to receive an 386,311 $ARB airdrop.🔥Exciting news! 🔹arbitrum has selected @QiDaoProtocol to receive an 386,311 $ARB airdrop
This is a major show of support to further consolidate $MAI as a leading decentralized stablecoin on arbitrum 💙
Thanks to arbitrum 🙇♂️ for recognizing our efforts to build a better DeFi 🙏
The DAO multisig address that will receive the $ARB tokens is:
(arbitrum address) 0xF32e759d5f1c63ed62042497d3a50F044eE0982b
In addition to providing a native decentralized stablecoin,
QiDao also offers several collaterals on #arbitrum for 0% interest loans👇🏼
$gDAI | Gains Network: https://app.mai.finance/vaults/42161/gdai
$WBTC: https://app.mai.finance/vaults/42161/wbtc
$WETH: https://app.mai.finance/vaults/42161/weth
20 Mar 2023, 20:30
⬆️ Debt ceiling increase! ⬆️
📅 3/20 at 10:30PM UTC (6:30PM in Florida 🏖 )
🔵 #arbitrum
$gDAI | Gains Network: 500k $MAI
app.mai.finance
Debt ceiling increase. 3/20 at 10:30PM UTC (6:30PM in Florida ). #arbitrum. $gDAI | Gains Network: 500k $MAI. finance.⬆️ Debt ceiling increase! ⬆️
📅 3/20 at 10:30PM UTC (6:30PM in Florida 🏖 )
🔵 #arbitrum
$gDAI | Gains Network: 500k $MAI
app.mai.finance
16 Mar 2023, 19:22
⬆️ Debt ceiling increases! ⬆️
📅 3/16 at 10PM UTC (6PM in NYC 🗽 )
⚫️ #ethereum
$yvLINK | Yearn Finance: 150k $MAI
🟣 #Polygon
#stMatic | LidoFinance: 250k $MAI
$gDAI | Gains Network: 250k $MAI
🔴 #Optimism
$stETH | LidoFinance: 250k $MAI
Debt ceiling increases. 3/16 at 10PM UTC (6PM in NYC ). ️ #ethereum. $yvLINK | Yearn Finance: 150k $MAI. #Polygon.⬆️ Debt ceiling increases! ⬆️
📅 3/16 at 10PM UTC (6PM in NYC 🗽 )
⚫️ #ethereum
$yvLINK | Yearn Finance: 150k $MAI
🟣 #Polygon
#stMatic | LidoFinance: 250k $MAI
$gDAI | Gains Network: 250k $MAI
🔴 #Optimism
$stETH | LidoFinance: 250k $MAI
15 Mar 2023, 17:04
⚡️On ramp $MAI faster than ever! ⚡️
Enjoy instant fiat transfers with 🇪🇺€EUR and 🇬🇧£GBP on mtpelerin.com/buy-crypto
👇
️On ramp $MAI faster than ever. Enjoy instant fiat transfers with €EUR and £GBP on mtpelerin. com/buy-crypto.⚡️On ramp $MAI faster than ever! ⚡️
Enjoy instant fiat transfers with 🇪🇺€EUR and 🇬🇧£GBP on mtpelerin.com/buy-crypto
👇
https://twitter.com/mtpelerin/status/1635957467506003968
14 Mar 2023, 17:57
⬆️ Debt ceiling increase! ⬆️
📅 3/14 at 8PM UTC (3PM in Quito 🇪🇨)
🔵 | arbitrum
$gDAI | Gains Network - MakerDAO: 700k $MAI
app.mai.finance
Debt ceiling increase. 3/14 at 8PM UTC (3PM in Quito ). | arbitrum. $gDAI | Gains Network - MakerDAO: 700k $MAI. finance.⬆️ Debt ceiling increase! ⬆️
📅 3/14 at 8PM UTC (3PM in Quito 🇪🇨)
🔵 | arbitrum
$gDAI | Gains Network - MakerDAO: 700k $MAI
app.mai.finance
13 Mar 2023, 22:26
⬆️ Debt ceiling increases ⬆️
📅 Tuesday, March 14, 2023 3:00 AM UTC (11AM in Bali 🏖️)
🔴｜optimism
$stETH - $ETH | Curve - Beefy - Lido: 1M $MAI
Debt ceiling increases. Tuesday, March 14, 2023 3:00 AM UTC (11AM in Bali ). |optimism.⬆️ Debt ceiling increases ⬆️
📅 Tuesday, March 14, 2023 3:00 AM UTC (11AM in Bali 🏖️)
🔴｜optimism
$stETH - $ETH | Curve - Beefy - Lido: 1M $MAI
https://app.mai.finance/
11 Mar 2023, 19:02
✅ System status: Operational
💧 Liquidation engine runs efficiently
⚖️ Variations in usd value are due to liquidity pairs
⛔️ No PSM for 1:1 minting with other stablecoins
🔥 Constant debt ceiling burns
🛡️ Chainlink oracles functioning
💯 MAI is still overcollateralized
System status: Operational. Liquidation engine runs efficiently. Variations in usd value are due to liquidity pairs.✅ System status: Operational
💧 Liquidation engine runs efficiently
⚖️ Variations in usd value are due to liquidity pairs
⛔️ No PSM for 1:1 minting with other stablecoins
🔥 Constant debt ceiling burns
🛡️ Chainlink oracles functioning
💯 MAI is still overcollateralized
10 Mar 2023, 16:43
⬆️ Debt ceiling increases ⬆️
📅 3/10 at 8PM UTC (5PM in Buenos Aires 🇦🇷)
#Polygon $gDAI Gains Network: 300k $MAI
🔗
Debt ceiling increases. 3/10 at 8PM UTC (5PM in Buenos Aires ). #Polygon $gDAI Gains Network: 300k $MAI.⬆️ Debt ceiling increases ⬆️
📅 3/10 at 8PM UTC (5PM in Buenos Aires 🇦🇷)
#Polygon $gDAI Gains Network: 300k $MAI
🔗 http://app.mai.finance
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