Qi Dao

Qi is the governance token for the QiDao Protocol, empowering its holders to participate in the decision-making process regarding protocol changes. This token not only enables voting rights but also allows anyone, including non-holders, to propose changes for consideration in the governance process. To engage in voting, Qi tokens must be staked to generate xQi. This mechanism ensures that participants have a vested interest in the protocol's governance and future direction. The collective decisions made by Qi holders will influence the allocation of Treasury funds, which are sourced from Closing Fees and other revenue streams. The Treasury funds are crucial for supporting various infrastructure needs and services within the QiDao ecosystem. The governance framework is designed to be adaptable and can evolve over time, allowing for improvements that reflect the community’s priorities and needs. Overall, Qi plays a vital role in facilitating community governance and driving the development of the QiDao Protocol, contributing to a more decentralized and user-driven ecosystem.