Qi Dao
QiDao is an overcollateralized stablecoin protocol that allows users to mint stablecoins (MAI) against the value of their decentralized token collaterals. Minting occurs through loans, denomimated in MAI stablecoins. Most loans have 0% interest, meaning the value of the related debt does not change over time.
Name
Qi Dao
Description
Creator of $MAI; Overcollateralised, Decentralised, Resilient Stablecoin since 2021. Most used CDP, available on multiple chains.
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