Stable or Gone
Organization record
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Record sog_issuer_qidao

QiDAO

Protocol and governance ecosystem behind MAI, formerly miMATIC, and its vault and Peg Stability Module system.

Category
Protocol or software system
Regulatory character
Protocol or decentralized system
Jurisdiction
DecentralizedDecentralized or protocol-based
Connected assets
1
Relationships
1 current0 historical
Evidence
6 source records

Identity and taxonomy

Overview

Public classification, legal-form state, jurisdiction, roles, confidence, and review state remain explicit.
Organization categoryProtocol or software system
Canonical organization typeDecentralized Protocol
Legal formNot recorded in canonical data
Legal-form stateNot Recorded
Regulatory characterProtocol or decentralized system
JurisdictionDecentralized
Jurisdiction scopeDecentralized or protocol-based
Functional rolesProtocol operator
Relationship statesActive relationship
Primary display relationships1
Official websitehttps://mai.finance/
Record confidenceHigh
Last reviewed2026-06-22
Category
Protocol or software system
Regulatory character
Protocol or decentralized system
Jurisdiction
Decentralized
Jurisdiction scope
Decentralized or protocol-based
Functional roles
Protocol operator
Record confidence
High

Connected assets

Relationships

Current, ended, and unknown relationships remain separate. Primary display is navigation only.
StablecoinSymbolFunctional roleDisplayFromUntilStateLifecycle
QiDAO MAIMAIProtocol operatorPrimary displayNot yet recordedNot yet recordedActive relationshipActive

QiDAO MAI

Primary display
Role
Protocol operator
State
Active relationship
From
Not recorded
Until
Not recorded

Material history

Events

Typed events and organization control actions remain linked to evidence.
DateEventCategorySubtypeStatus effect
2022-06-28QiDao introduces its V2 architectureGovernance and protocol changeProtocol Upgrade AnnouncedNo lifecycle change
2021-05-02QiDao publicly launches MAI borrowing on PolygonLaunch and introductionLaunchRemained active

Provenance

Evidence

Source identity, publication date, reliability, archive state, and relation count remain separate.
6 source identities · 6 evidence relations
SourcePublisherSource categoryProvenancePrimary or secondarySupported claimsArchiveReliability
QiDAO glossary
Published Not yet recorded		QiDAOOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceIdentity, Mimatic Previous Name, Mai Current Name, Same Asset Continuity, Identity and Name ContinuityArchive index or wildcardHigh
MAI detailed introduction
Published Not yet recorded		QiDAOOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourceVaults, Collateral, Debt, Repayment, Vault ModelArchive index or wildcardHigh
MAI Peg Stability Module
Published Not yet recorded		QiDAOOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourcePSM, Mint, Queued Redemption, Fees, Withdrawal Delay, Stablecoin Mint and RedemptionArchive index or wildcardHigh
MAI smart contract addresses
Published Not yet recorded		QiDAOOfficial documentation or product page
Canonical: Official Documentation		Subject-controlled sourcePrimary sourcePolygon Native Token, Multichain Addresses, Vaults, Deployment Inventory, Current Multichain Token and Vault AddressesArchive index or wildcardHigh
Your Guide to Making Stablecoins on Polygon
Published 2021-05-02		QiDao ProtocolOfficial statement or announcement
Canonical: Official Blog		Subject-controlled sourcePrimary sourceLaunch Date, Polygon, Vault Creation, Mai Borrowing, Mimatic Previous Name, Polygon Public Launch and BorrowingArchive index or wildcardHigh
Introducing QiDao V2
Published 2022-06-28		QiDao ProtocolOfficial statement or announcement
Canonical: Official Blog		Subject-controlled sourcePrimary sourceV1 May 2021, V2 Announcement, Liquidation Engine, Risk Management, Chain Specific Design, V1 Origin and V2 ArchitectureArchive index or wildcardHigh

Uncertainty

Known unknowns

Reviewed gaps remain visible instead of being converted into false certainty.

rename_and_v2_activation_dates

The MAI public-availability launch is resolved to 2021-05-02. Official sources establish that MAI was previously called miMATIC and that V2 was introduced on 2022-06-28, but they do not establish one exact rename day or one exact V2 production activation transaction.

Severity
Medium
Last checked
2026-06-24

Keep the launch date fixed. Do not invent a separate rebrand or V2 activation day without day-level first-party or on-chain evidence.

current_multichain_deployment_inventory_and_canonicality

The original Polygon MAI token address is normalized. Official documentation lists many additional chain addresses, but current activity, native versus bridged status, bridge operators, paused fungibility, and retired deployments are not yet a complete reviewed inventory.

Severity
High
Last checked
2026-06-24

Do not infer canonicality or current support from symbol reuse or an address list alone.

current_peg_issuance_and_incident_state

Current peg condition, issuance availability, and historical incident or bad-debt chronology are not fully normalized.

Severity
High
Last checked
2026-06-22

Retain medium confidence and monitor.

Maintenance

Corrections and further reading

Report a record problem or inspect methodology and machine-readable data.
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