Average Daily Volume
Qi Dao is currently ranked number 1016 worldwide with a daily trading volume of $86,571.00, which it will make it not so easy for you to sell your holdings of Qi Dao.
Rating: 0/5
Market Cap
Qi Dao has a total market cap of $9,106,939.00.
Rating: 0/5
Community
Qi Dao has 9,025 total followers in all its social media accounts.
Rating: 0/5
All Time High
Qi Dao is currently -98.22% from its highest price $6.09 on 2021-06-16.
Rating: 5/5
Price Potential
The Qi Dao price has the potential to increase to $23.53 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Qi Dao right now.
Overall rating: 2/5
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What Is Qi Dao?
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.