What is USDai?

USDai is a synthetic dollar that generates yield by utilizing loans secured against AI hardware and various DePIN assets. It aims to achieve an annual percentage rate of 15-25% and operates similarly to a high-yield bond index, which is linked to income-generating infrastructure equipment.

The project focuses on providing financial support for scalable AI hardware while enabling DePIN projects to potentially experience significant growth through debt. Mechanisms are in place to maintain USDai’s value in relation to its peg. The overall architecture connects the amortization of AI assets with the financing required for infrastructure development.