Qi Token
QiDao Governance token

What is Qi?

Qi (pronounced CHEE) is the governance token of the QiDao Protocol. It allows those who hold it to vote on changes to the QiDao Protocol.

How can I get Qi?

    Buy it at an exchange like app.slingshot.finance
    Earn it by providing liquidity to MAI-USDC or Qi-MAI on QuickSwap

Can I vote with Qi in liquidity pools?

Qi voting power is calculated through Qi Powah. This includes Qi locked in liquidity pools as well as vested Qi. Currently, it does not include unclaimed Qi rewards on app.mai.finance.rewards.

What can Qi holders vote on?

    Collateral types
    Revenue distribution
    Price oracle changes (where pricing comes from)
    Risk parameters (i.e. liquidity ratio, debt value)
    New collateral vault types (new tokens accepted to be used as collateral)
    Change repayment fee
    Upgrade to the system
    Qi community treasury decisions
      Qi holders will decide in a consensus how to distribute the treasury funds to pay for various infrastructure needs and services. The governance mechanism is designed to be flexible and upgradeable over time.
Last modified 3mo ago