MAI Finance Overview

What is MAI Finance?

Mai Finance is a decentralized platform that operates under the QiDao Protocol, designed to allow users to mint stablecoins called MAI against the value of their cryptocurrency assets without selling them. This process is facilitated through the creation of vaults where users can deposit their crypto assets as collateral and borrow MAI stablecoins at 0% interest, aiming to maintain the stability and value of the stablecoin closely pegged to the US dollar.

Main Features
Decentralized Borrowing and Lending
Allows borrowing stablecoins without selling crypto assets
0% interest on borrowed stablecoins
Supports multiple chains
Enables users to keep their crypto and spend its value

Frequently asked questions

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