QUAI DAO: A Decentralized Finance Accelerator Platform

The QUAI DAO whitepaper was released by the Quai Network core team in October 2024, aiming to address the pain points of existing blockchains in balancing scalability, security, and decentralization, and to explore building a high-performance, decentralized global monetary system.

The theme of the Quai Network whitepaper is “Quai Network: Rekindling the Crypto Revolution.” What makes Quai Network unique is its introduction of the Proof-of-Entropy-Minima (PoEM) consensus mechanism, hierarchical merged mining, and multi-chain architecture, which enables parallel transaction processing and dynamic sharding; the significance of Quai Network lies in its goal to solve the blockchain trilemma, achieving throughput of over 50,000 transactions per second, while maintaining extremely low fees and strong decentralization.

The original intention of Quai Network is to revolutionize the blockchain industry by providing a scalable, secure, and decentralized interconnected blockchain network, empowering decentralized applications and transactions globally. The core viewpoint presented in the Quai Network whitepaper is: through the PoEM consensus mechanism and hierarchical merged mining multi-chain architecture, Quai Network achieves a balance between scalability, security, and decentralization, thereby realizing a high-performance, low-cost, and energy-driven global monetary system.

Interested researchers can access the original QUAI DAO whitepaper. QUAI DAO whitepaper link: https://docs.quaidao.io/

QUAI DAO whitepaper summary

Author: Noam Ben-David

Last updated: 2025-11-20 05:52

The following is a summary of the QUAI DAO whitepaper, expressed in simple terms to help you quickly understand the QUAI DAO whitepaper and gain a clearer understanding of QUAI DAO.

Wow, friend, so sorry! There is very limited information available about the QUAI DAO project, and I’m still working hard to gather and organize it—please stay tuned; you can first check other information about this project displayed in the sidebar of this page. However, based on some clues I’ve found so far, I can put together a few valuable introductions about the “QUAI DAO” project to help you get a preliminary understanding of it.

What is QUAI DAO?

Friend, imagine if you have a great startup idea but struggle to find investment, or you’re an investor looking for promising tech projects but worry about risks—what should you do? The original QUAI DAO project is like a “blockchain investment matchmaker” and “incubator.” It’s a platform for investors and professionals, aiming to create sustainable value by connecting capital and innovative projects.

Simply put, QUAI DAO hopes to help potential tech projects (especially in DeFi, that is, decentralized finance) obtain funding and professional support, while providing investors with opportunities to participate in these projects and earn returns.

This project launched in 2021, and its token is called QUAI, which initially ran as an ERC20 token on the Ethereum platform. The main function of the QUAI token is to serve as the “universal currency” and “voting credential” within the ecosystem—you can use it to participate in platform governance decisions, make payments and transactions, and even support the network and earn rewards through staking (Staking, which you can think of as depositing tokens to earn interest).

Project Status and Clarification

However, it’s important to note that, according to the latest information, the original QUAI DAO project has been renamed to “EYEQ DAO.” Some sources even indicate that QUAI DAO, as a company, is currently “deadpooled” (ceased operations); it was originally founded in 2020, with its main business as a cryptocurrency staking and investment platform.

Additionally, in the crypto space, there is a very active and technically more complex project called “Quai Network.” It is a Layer 1 blockchain project that uses a unique “sharding” technology (Sharding, which you can think of as splitting the blockchain into many small pieces to process transactions in parallel, improving efficiency) and a “Proof-of-Work 2.0” consensus mechanism (a more advanced mining consensus mechanism), aiming for high throughput, low cost, and decentralization. Quai Network also has its own token, one of which is also called QUAI, and it features a dual-token model, with the other token being QI.

So, when you hear the name “QUAI,” you may need to distinguish whether it refers to the original “QUAI DAO” (as a DeFi accelerator, now renamed or ceased operations), or the more technically advanced “Quai Network” (an independent Layer 1 blockchain project).

Summary

Given that the “QUAI DAO” project (as a DeFi accelerator) has been renamed or ceased operations, and its whitepaper and official detailed information are difficult to obtain, we are unable to conduct a comprehensive and in-depth analysis according to the original detailed structure. The information currently available is that it was once a platform aimed at connecting investors and innovative tech projects, especially in the DeFi sector, and issued the QUAI token for governance and ecosystem functions. Please note, this is not investment advice; any investment decisions should be based on your own independent research and judgment.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.