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The Qi token—the governance token of the QiDao Protocol—allows those who hold it to vote on changes to the QiDao Protocol. Anyone, not only Qi holders, can submit proposals for a Qi vote. Qi tokens have to be staked to form xQi in order to vote. Qi holders will decide in a consensus how to distribute the Treasury funds to pay for various infrastructure needs and services. The funds in the Treasury are revenues from Closing Fees, and other income streams. The governance mechanism is designed to be flexible and upgradeable over time.
The recent Qi Dao (QI) price today is $0.022087 USD. We update our QI to USD on frequent basis. The current Qi Dao situation is down -3.65505% in last 24 hours. The current grepget rank is #1961. Qi Dao has a circulating supply of 83,880,221.3651965 QI coins and a max supply of 200,000,000.0 QI coins.