GAIB AIDaUSDC / AIDaUSDT Pendle YT Efficiency
Prerequisites
- TGE on Aug 14th
- FDV $50M (10x of funding amount)
- Airdrop on vault deposit is 5% ($2.5M)
- Deposit amount doesn't increase further
- Based on the above assumptions, Airdrop APY is 30%.
If the above is true
- AIDaUSDC has a 151% ROI
- AIDaUSDT has 136% ROI
Actually, if we apply 5x Spice vs 20x Spice = 4x, then the ROI percentage goes way up high but,
- What if TGE is delayed?
- What if the airdrop for vault deposit is less than 5%?
- If deposit amount is increased (the final cap is currently $50M, so APY halving is the max)?
then the ROI could drop significantly
Pagu will buy YT and spread it to multiple wallets
You can check out the math on the Pagu Sheet (
#NFA
Pagu's Code
GAIB? AID? Should I sign up to get AIDed now?!
First of all, @gaib_ai is a
- $5M pre-seed funding from Hashed/Hack VC/Faction leads
- Tokenize and resell GPUs
- Collaborating with Aethir to tokenize and sell Aethir's surplus GPUs. Said to be able to earn $ATH in the process (no details)
Created a stable vault called AID that accepts USDC/USDT and rolls it into AI,
Currently, 9138 people have deposited $24M.
They also trying to sell NFTs these days
First of all, I don't understand why they need stable vault, and I don't understand NFTs either, but 'that's the formula of web 3 success (project perspective)'.
For reference, there is a USDC/USDT pool on Pendle,
If you just put it in, it is 5x Spice points, while Pendle is 20x.
If you just put it in LP
- USDC pool is 63% SY
- USDT pool is 60%
is SY, so 20 x 60% = 12x Spice with LP APY (roughly 5%)
The trick is
- If you are currently already deposited, you can either transffer your PT after the mint, or sell your YT and buy YT with another wallet (save some slippage and gas).
- If you are not currently depositing, you can just buy the same number of PT/YT with different wallets, which is 4x more efficient in point perspective than just depositing from your homepage.
Currently, there are 57 days left in the Pendle pool,
If you put 10x multiples on the funding,
and airdrop 5% of total supply for the vault, you can get $2.5M
That's 10% ROI and APR is...
If the first round deposit started from the end of April, it can be roughly seen as 30%.
However,
'If TGE is delayed, all above are shit'
lol
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