Thursday, June 24, 2021

QUAI DAO - 480% APY Staking rewards - Crosschain Y Combinator

About QUAI DAO

QUAI DAO is a platform for investors and professionals focused on creating sustainable value by generating consistent capital yields while accelerating technologically innovative projects. The goal is to facilitate profitable capital allocation while assisting selected DeFi projects in meeting their capital funding needs through the QUAI platform.

Plenty of things are happening for QUAI. It continues to innovate its unique DeFi protocols, such as developing an innovative NFT Creator Portal platform. QUAI is also actively developing a robust investment platform that will provide an on-ramp for BTC and altcoin holders to the DeFi markets, offering access to multiple yield farms, liquidity pools, and money markets on Ethereum Mainnet and Binance Smart Chain. This will all be accessible on the QUAI platform.

QUAI’s Investor Rewards

The total amount of staked QUAI currently is 3,978,678 ERC20 tokens, 4,474,512 BEP20 tokens for a total of 8,453,190. This data shows QUAI token holders have confidence in the protocol, are willing to stake, and hold their tokens while enjoying compounded returns every 30 days. The compounding feature is used to achieve up to 480% APY, providing investors ample compensation for market volatility while generating substantial yields.

QUAI’s Road Map

So let's take a look at the roadmap and what is coming up on the calendar for QUAI. QUAI Invest (auto compounding farms, automated allocation & withdrawl for selected liquidity pools with automated yield optimization) + QUAI Interchange (DeFi on-ramp to Ethereum Mainnet and Binance Smart Chain money markets) and MeDIA eYe NFT Creator Portal (a unique solution for the NFT creator market and digital content marketing), which are all scheduled to launch in Q3 2021.

QUAI developers are working around the clock to ensure every milestone is reached within the Q3 launch plans, which will bring further value and utility to the QUAI ecosystem.

QUAI Invest - QUAI Interchange + QUAI Farms

Many Bitcoin users are long in BTC but currently don't have access to a frictionless platform allowing them to easily enter the DeFi markets on leading blockchains. QUAI Interchange which is a DeFi on-ramp that provides the opportunity for BTC holders to earn additional yield on their BTC and altcoin assets in an intuitive and gas-optimized way. QUAI Invest offers compounding farms and automated liquidity allocation with a yield optimization function, allowing Investors to access a variety of choices for capital allocation through the QUAI Invest platform .

QUAI’s Investment in - MeDIA eYe NFT Creator Portal

QUAI is planning to complete the development of MeDIA eYe NFT Creator Portal, retaining our first-mover advantage. The NFT Creator Portal allows anyone to easily create and launch NFT-media campaigns on multiple blockchains. The MeDIA eYe platform provides an intuitive and frictionless experience, regardless of pre-existing knowledge of distributed ledger technology. It also introduces novel digital engagement models, including the first-ever NFT-Subscription Service. Individuals or businesses can create custom NFTs for varied uses. For instance, the MeDIA eYe platform’s marketplace uses a variety of novel token-economic models for enhanced earnings and rewards. This creates attractive incentives for NFT artists and media creators to launch NFTs on the MeDIA eYe platform as well as to sell these NFTs on the marketplace.

Based on the current analysis we estimate in the next 12 months that MeDIA eYe can be valued at or above a 30-40 million dollar market cap. This estimation is based on the current growth of the NFT market along with having the first mover advantage as an NFT Creator Portal that will allow anyone from corporations to artists to effortlessly create NFT campaigns regardless of their crypto experience.

QUAI’s Partner Projects Development - QUAI is working with ASKO DAO + rASKO Money Markets.

AskoLend is a decentralized money market protocol, a fork of Compound Finance. The compound is decentralized, over collateralized loans protocol built on Ethereum. AskoLend differs from Compound in that: it will be launched on Binance Smart Chain (BSC). It’s a multichain lending platform that will list mid-tier, upper mid-tier, and blue-chip market cap crypto assets. Lenders can select between high and low-risk lending pools. These differences lead to some benefits of AskoLend over Compound. With AskoLend’s utilization of BSC, the cost per transaction is significantly lower compared to Compound on Ethereum. AskoLend’s accessibility to lenders and borrowers, for a diverse range of crypto assets, increasing potential volumes of AskoLend’s lending and borrowing markets.

AskoLend can list up to 70 + crypto assets, compared to the 9 assets currently listed on Compound. Lastly, with AskoLend, lenders can pick their allocation between high-risk and low-risk lending tiers for over collateralized lending, allowing lenders an element of customization in their investment that isn’t available with Compound. QUAI intends to offer QUAI assets to borrow/lend on ASKOLend on BSC. We estimate that in the next 6-12 months that Asko will be valued well above the 30 million market cap. This is based on the current market caps of existing borrow and lend platforms, volume, and market penetration.

QUAI’s Cross-Chain Development for Binance Smart Chain and Ethereum

A substantial portion of QUAI tokens is allocated for investments, development, mergers, acquisitions, and expansion to other blockchains. QUAI is a cross-chain protocol. They employ over 40 employees working full-time on QUAI platforms development and partner projects.

Currently, QUAI trades on Uniswap V2, JulSwap, Dex-Trade along with PancakeSwap V1 and V2. QUAI is in ongoing negotiations with several CEX's for a listing and is deeply focused on growing the business and project so that future listings are made possible on Tier 1 exchanges.

QUAI’s partnership with Sports D³

QUAI DAO has partnered with Sports D³ to develop a unique DeFi platform for the sports industry. The project focuses on creating new ways for club owners, players, and fans to participate in fundraising, promotions, merchandising, creating brand awareness, participating in events, and receiving rewards. QUAI is very excited to be working with Sports D³ to bring this innovative DeFi platform to the market.Sports D³ is a Decentralized Finance (DeFi) platform that helps sports clubs and athletes to create brand awareness, fund development events, and various activities by providing unique content and instruments through the SD³ utility token.

Come join us in our communities to learn more about QUAI, below are our token contracts for Binance Smart Chain and Ethereum.

Binance Smart Chain token contract BEP20: 0x3dc2d7434bdbb4ca1a8a6bcc8a8075aeae2d2179

Ethereum Mainnet token contract ERC20: 0x40821CD074dfeCb1524286923bC69315075b5c89

WEBSITE: https://quaidao.io/

TWITTER: https://twitter.com/QuaiGlobal

MEDIUM: https://quaidao.medium.com/

LINKEDIN: https://www.linkedin.com/company/quai…

DISCORD: https://discord.com/invite/WHUkdJjxxP

COINMARKETCAP: https://coinmarketcap.com/currencies/quai-dao/

COINGECKO: https://www.coingecko.com/en/coins/quai-dao

I'm also adding a pastebin of a writeup about QUAI from someone with a profile worth over 1MM which is what got me into it in the first place:

https://pastebin.com/vGfrbERU


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