MAI (MIMATIC) Price
MIMATIC RANK #1034The price of MAI (MIMATIC) is calculated in real-time by aggregating the latest data across 7 exchanges and 16 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. MAI is an overcollateralized stablecoin designed to maintain a stable value relative to the US Dollar through decentralized token backing. MAI is a decentralized stablecoin that allows users to extract value from their cryptocurrency holdings without triggering a taxable sale or losing exposure to their assets. It is the primary stable asset of the QiDao protocol, a non-custodial and community-governed system. Value moves through the system when users lock collateral in smart contract-controlled vaults to mint new MAI tokens.
