My take about the recent USDai drama of S2 airdrop.
Extremely ambitious and very bullish. Basically, model 1: classic GPU loans -> at 1B$ loans it generates 30M$ revenue model 2: flipping loans. If they recycle 1B$ of loans atleast 10 times, this could generate 300M$ in revenue. Or if they recycle it 5 times, it would generate 150M$ in revenue. model 3: USDai becomes the lender of 10,000 loans. This would create 1B$+ in revenue. Believe in something.
Hoping to get 1% of total airdrop for Season 3 ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e Max staking, max farming, max spot buying. Every single cent and effort is going towards acquiring more CHIP. I want to be fully invested and involved. This team is dedicated, motivated, creative. Inshallah.
This guy made folks so incredibly rich it’s ridiculous. 88 BILLION USD FDV.
“By enabling new strategies like Season-and-Sell, GLX will be the key factor in how USDAI will originate billions in loans. Capital can be recycled in months rather than years, supporting new originations and redemptions while keeping more capital working in GPU-backed loans.” USDai is trying to become the Fannie Mae of GPU loans. Probably the only crypto company beside HyperLiquid that thinks in such big scale. This team is dedicated, experienced and motivated. This announcement is a huge W for both ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e and ethereum:0x0b2b2b2076d95dda7817e785989fe353fe955ef9 holders. More origination fees for CHIP, more liquid and higher utilization for sUSDai.
USDai ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e TVL is nearly back to its ATH, pre-TGE. Truly amazing how hardworking and consistent this team has been the past year. 2027 will be another amazing year for USDai. And they will probably end this year with a blast. BILLIONS TRILLIONS.
VVV at 2.6B$ FDV NEAR at 6.5B$ FDV TAO at 6.4B$ FDV ONDO at 5.5B$ FDV CHIP is still at 0.4B$ FDV Day 5 of tracking AI tokens.
Enough of the bullish talk 24/7. Something serious about USDai. About the future of USDai, specifically for tokenholders of ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e in 2027/2028. They have to announce something that benefits ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e holders before the end of Q3. It’s not even really a deadline, more of an obligation if they want to prevent further pressure on the price. Circulating supply is expected to reach almost 60% by the end of Q1 2027, which would be roughly 3x today’s circulating supply. That’s a massive increase, so they need to give ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e holders a reason to stay. At $1B in loans, origination fees would amount to $30M. Let’s assume that, at 6B circulating supply, only 5B ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e is actually being staked. That would mean approximately $0.006 in revenue per staked CHIP being distributed. If you bought at 300M$ valuation (which only investors did, farmers paid extra to get points), you'd get a 20% ROI from this revenue sharing mechanism alone. Imo, this will be interesting longterm. You’re not going to get rich overnight, but the more revenue USDai generates, the more origination fees flow to the DAO and ultimately get distributed to sCHIP holders. If USDai reaches $2B or even $3B in loans in 2027, this revenue-sharing mechanism could become a golden goose: • $2B in loans → $60M in origination fees • $3B in loans → $90M in origination fees Now imagine $100M in origination fees being distributed among 6B sCHIP. That would be roughly $0.016 per sCHIP which is equivalent to a 52% ROI from the reward mechanism alone. If the mechanism works as intended, ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e holders aren’t only benefiting from token price appreciation. They’re directly participating in the success and revenue generated by the protocol. The USDai team could build one of the first governance tokens that not only gives holders voting rights, but also allows them to share in the protocol’s revenue. Nothing is official yet, so this is purely my thesis. But if they keep growing the loan book and distribute the revenue fairly to ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e holders, I genuinely think this could become one of the most interesting crypto tokens of this decade.