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Key milestones and important events in this wiki's history
1st May 2021
The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.
1st January 2022
The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.
1st April 2022
The protocol's integration with Superfluid was exploited, allowing an attacker to mint approximately $13 million worth of MAI, causing a temporary de-pegging of the stablecoin.
1st October 2023
The MAI stablecoin experienced a major de-peg event, with its price falling to an all-time low of approximately $0.65, highlighting systemic risks.
1st May 2021
The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.
1st January 2022
The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.
1st April 2022
The protocol's integration with Superfluid was exploited, allowing an attacker to mint approximately $13 million worth of MAI, causing a temporary de-pegging of the stablecoin.
1st October 2023
The MAI stablecoin experienced a major de-peg event, with its price falling to an all-time low of approximately $0.65, highlighting systemic risks.
1st May 2021
The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.
1st January 2022
The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.
1st April 2022
The protocol's integration with Superfluid was exploited, allowing an attacker to mint approximately $13 million worth of MAI, causing a temporary de-pegging of the stablecoin.
1st October 2023
The MAI stablecoin experienced a major de-peg event, with its price falling to an all-time low of approximately $0.65, highlighting systemic risks.