Quite happy with my YT-sUSDai purchases from a few weeks ago, but not even in my wildest dreams could I imagine that we'll see an upwards depeg of a $500m stablecoin in 2025. I just wanted some points... It ooks like everyone else also underestimated the demand for the sweet-sweet GPU bucks, as is evident by the whole Euler shenanigans that are happening. Fun fact - in one month, the proportion of sUSDai relative to TVL actually went down, which means it's not just the implied yield that's been going up - the real yield is also up quite a bit. I'm actually somewhat surprised there was no contagion from the $XPL FUD last week, as USDai aligned themselves quite heavily with Plasma. I suppose the AI dollar of the future is marked safe from ex-Blast employees? In any case, I have a feeling (possibly a misguided one) that caps are staying where they are (or at least not getting majorly increased) for some time, which means we are chilling while selling dollars for $1.05.