Milestones

Key milestones and important events in this wiki's history

Mai Finance Protocol Launch

1st May 2021

The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.

Reached $200M in TVL

1st January 2022

The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.

Superfluid Integration Exploit

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.

MAI Stablecoin De-Peg

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.

Mai Finance Protocol Launch

1st May 2021

The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.

Reached $200M in TVL

1st January 2022

The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.

Superfluid Integration Exploit

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.

MAI Stablecoin De-Peg

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.

Mai Finance Protocol Launch

1st May 2021

The QiDao Protocol, which powers Mai Finance, launched on the Polygon network, introducing the overcollateralized MAI stablecoin with 0% interest borrowing.

Reached $200M in TVL

1st January 2022

The protocol announced it had reached a milestone of $200 million in Total Value Locked (TVL) across its multi-chain deployments.

Superfluid Integration Exploit

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.

MAI Stablecoin De-Peg

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.

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