Borrowing Incentives
Users can be rewarded for minting MAI at QiDao
Borrow incentives are rewarded to vaults that have a MAI debt balance and maintain a healthy CDR. A healthy CDR is defined as 25% to 270% above the liquidation ratio.
Rewards are created by partner protocols that list assets at QiDao Protocol. This serves to incentivize the usage and locking of partner assets at QiDao.
Borrowing incentives are distributed weekly by Sunday for the previous week's borrowing activity. Rewards are airdropped to users' addresses.
Last modified 2mo ago