If you want exposure to Stablecoin, RWA, and AI, USDai is a project you don't want to miss. Let's dive into the strategies to participate in its points program: 1. First, what exactly is USDai? At a super high level, USDai is a synthetic dollar protocol on @arbitrum designed to finance the physical infrastructure of AI. To access the yield, users can stake USDai for sUSDai to earn real yield backed by AI infrastructure with a target yield of 15%-20% APY. For a more technical deep-dive, let's leave it to a future post. 2. How has the adoption been so far? USDai has reached a market cap of $500M (Supply Cap is 500M Only and it has been filled within minutes!). The team is backed by leading VCs like @DCGco, @Delphi_Digital, @nascent, @dragonfly_xyz, @hiFramework, and @yzilabs. 3. Going back to our topic for today, HOW TO FARM USDai? @arbitrum is the best place as it has the most USDai liquidity and DRIP incentives. There are 4 key strategies revolving around @pendle_fi and @eulerfinance. • Maximize Yield • Maximize Points for Airdrop • Maximize Points for ICO • Maximize Points without USDai Token Exposure 4. Yield Maximization Strategies (13% - 254% APY) • Low Risk: Simply HODL sUSDai at 13% APY • Medium Risk: Mint PT USDai/sUSDai for 35%-40% APY • High Risk: Use PT USDai/sUSDai as collateral to multiply the yield up to 250% on Euler. 5. Airdrop Points Maximization Strategies (2x - 12x Points) • Low Risk: Simply HODL sUSDai or supply sUSDai to Euler for 2x Points • Medium Risk: Provide DEX Liquidity via sUSDai-USDC pair on Fluid or Curve for 10x Points • High Risk: Mint YT sUSDai for 12x Points 6. ICO Points Maximization Strategies (5x - 25x Points) • Low Risk: Simply HODL USDai or supply USDai to Fluid for 5x Points • Medium Risk: Provide DEX Liquidity via USDai-USDC pair on Fluid or Curve for 10x Points • Medium Risk: Supply USDai on Euler for 10x Points • High Risk: Mint YT USDai for 25x Points 7. Points Maximization Strategies without holding USDai (10x Points) • Medium Risk: Supply USDC on Silo PT-sUSDai Market • Medium Risk: Supply USDC/USDT/USDe on Euler USDai Cluster
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