What is Mai?
MAI (MIMATIC) is cryptocurrency backed stablecoin issued on the Polygon blockchain, and soft-pegged to the US Dollar at a 1:1 ratio. It uses QiDao, Polygon’s first native non-custodial stablecoin issuing protocol on the backend. People can use Mai Finance website to deposit various crypto assets including Polygon (MATIC), Fantom (FTM) and Ethereum (ETH) as collateral to self-managed and self-controlled vaults, and receive MAI at 0% interest.
Web3 dapps and developer tools related to Mai
Discover blockchain applications that are frequently used with Mai.
Resources and Guides about Decentralized CDPs
Mai Alternatives
Explore web3 competitors and apps like Mai.
LiquityDecentralized CDPs
As a decentralized borrowing platform, Liquity offers interest-free loans on collateralized ETH.
AbracadabraDecentralized CDPs
Abracadabra.money is a decentralized crypto lending platform.
ReflexerDecentralized CDPs
Reflexer is a platform where anyone can use their crypto collateral to mint stablecoins.
