size matters a lot in retro plays, wished i doubled down on this play despite being late
gaib current spice campaign ends today and this is what $4k got me in 2 weeks loll
i might regret not going in correctly
secured a gaib onchain exposure by providing a usdc/aidusdc liquidity in the curve pool
comes with a 20x multiplier and all fully stable so im a bit comfy with this move
had to do use this means cos direct deposit into the yield vault is capped at $200m and filled already (was increased from $150m and got filled again in 2 days)
understanding gaib is simple, it's basically the economic layer for ai compute, bridging onchain capital with offchain compute demand
more like turning idle ai compute into yield bearing, ownable assets for the average defi person
their model is simple
finance GPUs irl → tokenize them → generate yield from real compute usage → distribute back to holders of their synthetic dollar, AID
AID?
yea AID is a synthetic dollar by gaib, received after making deposit into the yield vault, backed by a portfolio of GPU financing deals (can be verified on their transparency page)
holders can stake it or use for other defi applications to earn yields and spice (points)
spice will be redeemable for gaib tokens upon tge, so pretty a comfy ride with idle capital provided there's no exploit
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