Thanks for this post and drawing my attention to it! Looks like another thing I need to really get my head around! Thanks for the really detailed guide though - I think I will give this a go with a small amount and see if it's something I'd be comfortable doing.
!PIZZA
Cool, yes it's worth a go. So long as you keep your liquidation levels away from red there's really no more risk than investing in any crypto. With Qi Dao even if you do get liquidated, it's only to the level of getting your loan-to-collateral value back to a reasonable level, and you don't have to pay back the amount of debt paid from your collateral, so with Qi Dao it's not too bad. Some older protocols were a bit harsher, but this approach is about as safe as this stuff gets. NFA DYOR etc.