GAIB? AID? Should I sign up now and receive AID?!
First of all, GAIB is
- $5M pre-seed investment led by Hashed/Hack VC/Faction
- Tokenizing GPUs for resale
- Planning to collaborate with Aethir to tokenize and sell Aethir's surplus GPUs. It is said that you can also earn $ATH from this (exact details are not out yet)
They created a stable vault called AID that accepts USDC/USDT and runs it through AI,
Currently, 9,138 people have deposited $24M
It seems they are also trying to sell NFTs these days, creating some buzz
The stable aspect is a bit unexpected, and I don't quite understand the NFT part either, but 'that's the equation for Web3 success (from a project perspective)'
By the way, there is a USDC/USDT pool in Pendle,
If you just deposit, you get 5x Spice points, while Pendle offers 20x
Even if you just deposit as LP,
- The USDC pool is at 63%
- The USDT pool is at 60%
So you can think of it as getting LP APY with 20 x 60% = 12x Spice (about 5% or so)
The trick is
- If you have already deposited, you can mint and then transfer PT, or sell YT and buy YT with another account (it incurs some slippage and gas fees)
- If you haven't deposited yet, just buy PT/YT in the same quantity with different accounts, and it will be 4 times more efficient compared to depositing on the homepage
Currently, the product has 57 days left,
If you set a 10x multiple on the investment,
And if you airdrop 5% on deposits, that would be $2.5M
ROI of 10% and APR is...
If the first round starts from the end of April, you can roughly estimate it to be around 30%
'If the TGE is later than that, it's all for nothing'
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