| General information | |
|---|---|
| Global rank: | 2673 |
| Name: |
miMatic |
| Symbol: | MIMATIC |
| Current coin price (AMD): | 381.48 AMD |
| Last hour: | arrow_downward-0.110 % |
| Last 24 hours: | arrow_upward0.110 % |
| Last 7 days: | -0.080 %trending_down |
| Capitalisation (AMD): | 0.000000 AMD |
| Volume 24h (AMD): | 1 203 874 761.21 AMD |
| Available supply: | 0.000000 MIMATIC |
| Total coin supply: | -1 MIMATIC |
| Start date: | 2021-04-28 |
miMatic/Armenian Dram (MIMATIC/AMD) price chart
miMatic/Armenian Dram (MIMATIC/AMD) capitalisation and volume charts
Mai Finance is the frontend/dashboard for the QiDao Protocol: it allows users to connect to the QiDao Protocol via a website.
MAI is a stablecoin backed by collateral, and can only be minted with this collateral backing it. MAI is created when users deposit accepted tokens (currently MATIC) as collateral in vaults and in turn receive a loan against that collateral. Users can also mint MAI through Anchor where MAI is minted in exchange for accepted stablecoins.
MAI is soft pegged to the USD, meaning that 1 MAI is around 1 USD.