Borrow MAI to Supercharge Your DeFi Yields: Overview & Launch of MAI-4Pool Farm

What is MAI?

How Do I Mint/Borrow MAI?

How Much Can I Borrow?

xSTELLA and WGLMR is currently the only assets available as collaterals

MAI <> Basepool is Live!

MAI Farm Details

What are the Benefits of Using MAI?

  • Borrow Stablecoin w/o Selling Your Favourite Coins: Borrow stablecoins backed by your tokens to use the value of your tokens without exiting your long position.
  • Borrow to Buy Other Assets: Borrow against your existing wealth and buy more assets, expanding your investment portfolio. You could, for example, borrow MAI to buy other tokens such as DOT.
  • Consolidating Debt: Borrow MAI to pay down high-interest debt, saving on interest payments. The only fees you will incur through borrowing MAI will be a repayment fee at the end of your loan.
  • No scheduled payments: You won’t need to commit to monthly payments or deadlines; you can repay your debt at any time that is convenient to you and your needs.
  • Instant lines of credit: You don’t need credit checks or someone else’s permission to borrow MAI. You are your own bank.‌
  • MAI as collateral: Lending protocols require stablecoins to borrow tokens. You could use MAI as stablecoin collateral in those platforms, essentially using your original tokens as collateral for debt in lending protocols.
  • Bridge your MAI to any of the other networks where Qidao is live:
    Send native MAI to other chains with Qidao’s partner bridge Multichain https://app.multichain.org/#/router.

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