Qi-Dao-Mai-Finance / poapathon2021

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[Track: Qi DAO] MAI Money Legos - BogoHacks #5

Open annelisa-gitcoin opened 1 year ago

annelisa-gitcoin commented 1 year ago

Challenge Title:

MAI Money Legos

Prize:

$2k USDC

Description of the challenge:

We want your team to build innovative ways of using the QiDao protocol as a building block. Teams can build strategies/dapps/dashboards that help improve or increase the usage of the MAI stablecoin. Use your imagination and don’t forget to reach out to QiDao team members or the discord community to bounce your ideas around.

Examples of things that have been built/could be built on top of QiDao/mai.finance

What is QiDao?

QiDao is the protocol that powers the collateral-backed stablecoin MAI. QiDAO allows for isolated lending against decentralized assets at 0% interest on the mai.finance front end. This allows users of the protocol to unlock the power of their crypto capital in whatever way they choose and pay back their loans at whatever pace suits their needs.

Minters simply deposit their chosen collateral and can mint the stablecoin MAI in return up to a minimum collateral to debt ratio. Thus, QiDAO users can hold their favorite cryptos and remain exposed to any potential upswings whilst unlocking its capital without needing to sell.

MAI has over 60 collaterals. Its collaterals are all decentralized assets, making it one of the most decentralized and diversified stablecoins in defi. MAI can be bridged and traded on over 20 different chains, making it the most cross-chain decentralized token.

Info links for QiDao

Judging criteria (scale of 1-5)

Post event opportunities:

Whether your team is the final winner of this challenge or not there may be grant opportunities available from QiDao to see your project further.

gitcoinbot commented 1 year ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done


Work has been started.

These users each claimed they can complete the work by 2 hours from now. Please review their action plans below:

1) drew7wonders has been approved to start work.

We will create a strategy/plan to run e-commerce using NFTs and MAI stable coin, If you give us the permission to work we will start the work from today 2) brianspha has been approved to start work.

Build a marketplace for loaning NFTs 3) alejozarate has been approved to start work.

dCOP is colombian peso-pegged stablecoin with a fully decentralized structure based on QiDAO's MAI stablecoin. In that sense, dCOP pretendes to be resilient, uncensorable and borderless currency with decentralized collateral. The uses cases are plenty, and will connect the colombian decentralized economy with the current Web3 liquidity and financial opportunities. Metis will play a crucial role as companies becoming DACs will require a native decentralized currency. 4) blascokoa has been approved to start work.

Tokenized NFT Real Estate buildings that forms a full defi ecosystem where users earn yield in MAI, nfts are paid also in MAI and the future lending/borrow pool will be working also with MAI 5) assoritam has been approved to start work.

"Rentyn" offers you to advance the collection of 12 months for the rental of the properties to the owner in 48 hours, as well as a discount rate of at least 25% on the monthly rental prices to investors and/or tenants. 6) captainahab0x has been approved to start work.

On-chain credentialing for freelancers. A seamless management system for consulting firms, foundations, and DAOs.

CredLancer is designed for DACs, agencies, and foundations needing a better system to manage and level-up their freelancers. CredLancer allows seamless verification, skill badging, and project payout in MAI.

Tech Stack: Gnosis Safe App Matrix Unstoppable Domains Soul Bound Tokens and more!

Learn more on the Gitcoin Issue Details page.

gitcoinbot commented 1 year ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done


Work for 2000.0 USDC (2000.00 USD @ $1.0/USDC) has been submitted by:

  1. @drew7wonders
  2. @captainahab0x
  3. @blascokoa

@mopdo please take a look at the submitted work:


shubhiscoding commented 1 year ago

@mopdo When will the winners be announced?

mopdo commented 1 year ago

@mopdo When will the winners be announced?

Hey @drew7wonders, winners are already announced afaik. @annelisa-gitcoin do you have some more insight on this?