Mai
![Mai](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675940%2Fdapp-store%2Fdapp-logos%2FMai.jpg&w=640&q=75)
Free CustomersDecentralized CDPs
Mai
MAI is a Polygon-based stablecoin soft-pegged to USD at 1:1 ratio.
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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.
![Dexible Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675556%2Fdapp-store%2Fdapp-logos%2FDexible.png&w=96&q=75)
Decentralized Exchanges (DEXs)
Dexible is a trading protocol for fully-on-chain DeFi execution.
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![CowSwap Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675401%2Fdapp-store%2Fdapp-logos%2FCowSwap.jpg&w=96&q=75)
Decentralized Exchanges (DEXs)
Cowswap is a DEX facilitating trade of Ethereum-based tokens by matching supply with demand.
![Matcha Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1716793608%2Fdapp-store%2Fdapp-logos%2FMatcha.png&w=96&q=75)
Decentralized Exchanges (DEXs)
Matcha is a DEX aggregator offering swaps and limit orders for 6+ million tokens across 9 networks.
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Resources and Guides about Decentralized CDPs
Mai Alternatives
Explore web3 competitors and apps like Mai.
![Liquity Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675938%2Fdapp-store%2Fdapp-logos%2FLiquity.jpg&w=96&q=75)
Decentralized CDPs
As a decentralized borrowing platform, Liquity offers interest-free loans on collateralized ETH.
![Abracadabra Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675466%2Fdapp-store%2Fdapp-logos%2FAbracadabra.png&w=96&q=75)
Decentralized CDPs
Abracadabra.money is a decentralized crypto lending platform.
![Reflexer Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675762%2Fdapp-store%2Fdapp-logos%2FReflexer.jpg&w=96&q=75)
Decentralized CDPs
Reflexer is a platform where anyone can use their crypto collateral to mint stablecoins.
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