USDAI is a helluva concept for a stablecoin! It's basically designed to generate yield by making loans to scale data centers. Here's a simplified breakdown of how it all works (save this): Think of it like a bank that only gives loans to GPU farms... 1/ You deposit $USDC or $USDT and get $USDAI back at a 1:1 ratio. 2/ If you want yield, you stake that $USDAI and receive $sUSDAI. 3/ Your money gets lent to AI companies who put up their GPUs as collateral. 4/ When those companies pay interest on their loans, that yield flows back to $sUSDAI holders. $USDAI is your stable dollar (no yield, instant redemption) while $sUSDAI is the yield-bearing version with a roughly 30-day redemption queue (because the underlying loans aren't instantly liquid). There's also $CHIP for governance if you want to vote on protocol parameters. $sUSDAI's yield is currently sitting around 7.15% APR with targets of 10-15%. These businesses are leasing compute power and paying interest on hardware loans. It's basically mortgage-backed securities for AI hardware, but onchain. And there've already been $345M+ in deposits, with 73k users, and $236M in active loans. If you believe AI compute demand is only going up, this is one way to get exposure without buying $NVDA stock or running your own data center.

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