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QiDao

QiDao QI

Rank #6116 Included
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About QiDao

QiDao is a self-sustaining, community-governed protocol that allows you to borrow stablecoins interest-free against your crypto assets used as collateral. Loans are paid out and repaid in miTokens (stablecoin soft pegged to the USD).

MiTokens are created when a user locks up tokens in a vault as collateral. For example, if a user locks up Matic tokens, they can mint miMatic. Users can then use the soft dollar-pegged miMatic tokens while maintaining ownership of the locked Matic tokens.

Details
QI
¥ CNY

QiDao Information Statistics

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    #6116
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Basic Info
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