werdnalpha
1.2K posts
@werdnalpha
product | building @usdai_official
All USDC Auto Strategy withdrawals have been distributed. Funds were sent directly to the wallets that submitted withdrawal requests. Remaining Auto vault depositors will receive USDai or sUSDai automatically on Nov 24.
Yzi （前Binance labs）参投融资了1300万美元的 @USDai_Official 空投交互指南💕 📝USD AI ：一种合成美元协议，通过向拥有真实抵押品但规模不如 OpenAI 或无法获得 Blackstone 资金的新兴 AI 公司提供流动性来赚取收益💸 🏛️USD AI 此前已经拿到 Framework Ventures领投的1300万美元的A轮融资，1小时前 Yzi 单独又投了一轮，具体的投资金额还没披露~ USD AI 目前的存款上限是 1亿 美元 目前存入了6381万美元，额度快没了还能塞一塞 等大家反应过来Yzi投了一轮，估计额度马上就要满🤣 🔷USD AI 的两种参与模式 🔹ICO（总发行量 3 亿美元，占 7%） ▪️兑换成 USDai 5 倍积分 ▪️没有任何原生收益，可以立刻赎回 ▪️需要 KYC ICO的配额必须像其他代币投资一样购买 🔹空投（占 3%） ▪️兑换成sUSDai 2 倍积分 ▪️原生收益7-15% 赎回时间：30天 ▪️不需要 KYC也不需要购买代币 👉需要特别注意的是：如果想要获得空投，你的 Allo 积分比例必须高于所有用户的平均水平！所以为了保证获得空投，最好仅参与 sUSDai 活动💸 🔸🔸🔸简单的小教程🔸🔸🔸 👉传送门：app.usd.ai/i/e6k03 ▶️进来以后右上角链接你的钱包 1⃣点击这里 2⃣选择 Allo 3⃣我这里是选择Airdrop模式（ICO模式就在左边） 4⃣可以选择你的存款策略（不同的风险程度对应不同的收益率） 5⃣选择你要存入的金额（Arb链上的ETH或者USDC） 6⃣点击Approve在钱包完成签名，继续点击BUY在钱包完成签名即可（排队铸造sUSDai 会在24 小时内收到 USDai） 7⃣从这里获取你的邀请代码，邀请好友获取更多积分哦
About tomorrow's @USDai_Official mint - contract, reasons, is this a good farm? My team is approaching 1 billion collective points, probably this week. LFG ⚡️ Why are they increasing caps? Euler Plasma enabled users to borrow USDai. It was hardcoded to $1 on the market. It has now gone above $1 (market price 1.04) so this means some positions could incur into bad debt. To mitigate this and incentivize users to repay, they are raising 100M tomorrow through CONCRETE to liquidate positions and attempt to stabilize. 1. Tomorrow's mint does not give you USDai. It's a USDC vault on Concrete (defillama.com/protocol/concr…) that executes strategies associated with the USDai ecosystem (MM and DEX). • these funds will mainly be used for Euler USDai Plasma market, they want users to repay debt discord.com/channels/74274… 2. Main Risks: • Execution risk: if Concrete’s unwind process fails or bugs out. (Execution risk means the chance that Concrete’s unwind process could fail or bug out while moving funds and closing old USDai loans. If that happens, it could cause stuck funds, withdrawal delays, or peg instability. The risk is operational, not market-related!) • Liquidity risk: withdrawals may queue if repayments move slowly. • Counterparty risk: Concrete manages ops until K3 Capital takes over. • Market risk: sudden liquidations could cause short-term volatility. • In short solid yield, but short-term operational and timing risks remain until the unwind’s complete. 3. This vault will **earn x25 allo** points for the next 30 days. Heavily incentivized so that users deposit and they can unwind Euler's market. • Any profit from liquidation will flow back into the vault. • Withdrawals from this vault might take up to a week, they are processed on Wed/Thu. • Yield: 15% in ARB, and x25 allo points 4. Deposit via contract (autoUSDai, not autoSUSDai). This is in no way a recommendation or guide, I am describing what a $3M whale did. • Created this article for my Team Members. To join my team, enter app.usd.ai/i/q98ck or manually use my code q98ck • Steps in Earndrop discord: discord.com/channels/97224… ⚡️ Is this a good farm? To evaluate if this is good for you personally, you have to understand what to compare it to. This is basically a USDC farm (and around 15% yield since they have an $ARB grant) that gives x25 allo points for 30 days. Right now, Euler Plasma is generating around 12% APY in liquid rewards. There are higher yield farming opps, but they involve looping or short to medium locks. You already know the risks associated, so evaluate away 🫡 Good luck, fellow farmers 🚜
I can't remember the last time I saw this much demand for a stablecoin @USDai_Official and their stablecoin USDai has it's liquidity sitting on @CurveFinance Interestingly, the pool is now 94% in USDC and only 6% in USDai. That's despite the caps opening up and filling to $160m literally just today and filling in 15 minutes. Due to the buy pressure: - USDai trades at a 3% premium at $1.03 - The curve pool has only got $260k of USDai left It has also created another phenomenon - currently, the highest yielding PT asset on @pendle_fi with an almost 23% APY. The most interesting strategy here of course is going to @eulerfinance and looping up via USDC to create a 50%+ APY stablecoin position. Good luck trying to get your hands on some though, maybe we'll have better luck next week. If anyone wants to hook a brother up, you know where to find me 🤣
1/ Introducing the USD.AI docs: The blueprint for a yield-bearing synthetic dollar, backed by DePIN assets. Months of research + design went into the first ever protocol purpose-built for InfraFi. See how it all works ⏬
