How AID works
AID is the first AI Synthetic Dollar introduced by GAIB, fully backed by GPU financing deals and a reserve of treasury bills. Its supply adjusts in real-time—when capital enters the protocol or yield is generated, one AID is minted; when yield is paid out, one AID is burned, ensuring its market cap reflects the value of the underlying assets.
Whitelisted, KYC-compliant users can mint AID by depositing USDC, while non-whitelisted users can swap stablecoins for AID through liquidity pools. Once acquired, AID can be staked to earn sAID, a token that accrues yield as the protocol collects real world yields. AID can also be traded, used for lending or borrowing, or provided as liquidity in AMM pools for additional returns.
When staked, AID is exchanged for sAID, and its value increases over time based on the protocol’s rewards. Users can unstake after a 14-day cooldown period and receive their original stake plus accrued rewards.
In addition to staking, sAID can be used for trading in AMM pools, liquidity provisioning, or creating Principal and Yield Tokens (PT/YT) for customizable risk-return strategies.
Users can swap AID for stablecoins via liquidity pools, or redeem AID for USDC at a 1:1 ratio (whitelist required).
Overall, AID bridges compute with on-chain assets, offering users a seamless way to earn yield, manage risk, and create strategies based on their own risk-reward preferences.
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