QiDao is a way for crypto communities to hodl their tokens while still being able to use their value in the form of stablecoins.

QiDao is a self-sustaining, community-governed protocol that allows you to take out interest-free loans against your crypto assets. Loans are paid out and repaid in miMatic (stablecoin soft pegged to the USD).

miMATIC is a stable coin collateralized by your MATIC holdings. It’s powered by Qi Dao, a protocol that enables any cryptocurrency community to create stablecoins backed by their native tokens.