QiDao
The Qi token is the QiDao governance token of the QiDao protocol, and holders can vote on changes to the QiDao QiDao protocol. Anyone can submit a proposal for token holders to vote on, not only token holders themselves. The token must be staked, forming a corresponding staking receipt, in order to participate in voting. Token holders will use consensus to decide how to allocate treasury funds to pay for various infrastructure needs and service fees. The funds in the treasury come from liquidation fees and other sources of income. The governance mechanism is designed to remain flexible over time and support upgrades.
Overview
The Qi token is the QiDao governance token of the QiDao protocol, and holders can vote on changes to the QiDao QiDao protocol. Anyone can submit a proposal for token holders to vote on, not only token holders themselves. The token must be staked, forming a corresponding staking receipt, in order to participate in voting. Token holders will use consensus to decide how to allocate treasury funds to pay for various infrastructure needs and service fees. The funds in the treasury come from liquidation fees and other sources of income. The governance mechanism is designed to remain flexible over time and support upgrades.
- Sector
- # Stablecoins
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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