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Qi Dao Coin Price & Market Data
Qi Dao price today is $0.434404 with a 24-hour trading volume of $317,096. QI price is down -7.7% in the last 24 hours. It has a circulating supply of 16 Million QI coins and a total supply of 200 Million. If you are looking to buy or sell Qi Dao, Quickswap is currently the most active exchange.
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.
