Resonate partnership with QiDao was announced last week. QiDao has committed to deploying capital to a Resonate pool to incentivize liquidity and better align incentives for their LPs. Issuers will be offered an up-front return on deposits of Qi’s flagship stablecoin, MAI, which will be locked for a set term.
This means that if you become an LP, you will now have the option to lock your LPs for the term within an FNFT through Resonate and receive your payment upfront . This will result in a buyout paid to your wallet — funded by QiDao. You would retain the rights to your principal, locked within your own unique FNFT, while QiDao would gain ownership of your future yield through a separate interest-bearing FNFT. So why is this useful? There are a number of good reasons. Starts from the perspective of a Purchaser, whose profile is most likely to fit that of a protocol treasury , DAO, or enthusiastic long-term investor. These benefits include: Align incentives: Offer upfront incentives to tame mercenary capital and create positive feedback loops. Leverage Resonate to lock in liquidity providers, creating benevolent cycles within your ecosystem, all while stabilizing levels of liquidity. Regenerate your treasury: Pay upfront to secure long-term income. Utilize Resonate to replenish y...