GAIB AI Dollar USDC (AIDAUSDC) is a stablecoin receipt token that represents USDC deposited within the GAIB AI protocol. The project utilizes artificial intelligence to manage and stabilize these holdings through algorithmic yield and risk management strategies, with the goal of linking the decentralized finance (DeFi) sector with the AI infrastructure economy. ^[1]

Overview

GAIB AI Dollar USDC, also known as AID Alpha USDC, functions as a foundational component of the GAIB ecosystem, which aims to transform GPU-based computing infrastructure into a class of yield-generating digital assets. The protocol is designed to tokenize the value of enterprise-grade computing power, generating returns from AI-related operations while maintaining the stability of a token pegged to USDC. AIDAUSDC was introduced as part of GAIB's "AID Alpha" program, an early deposit initiative for its planned synthetic stablecoin, the AI Dollar (AID). The yield generated for depositors is derived from a combination of real-world assets, including U.S. Treasury bills and financing arrangements for high-performance GPUs.

The AID Alpha program, marketed as "The Spice Harvest," serves as a liquidity bootstrapping phase. Participants deposit stablecoins like USDC and receive AIDAUSDC tokens on a 1:1 basis. These receipt tokens are liquid, transferable, and accrue "Spice," a points-based reward intended to determine future benefits upon the project's official token launch. The program incentivizes early participation through a tiered multiplier system for Spice points. The long-term vision of the GAIB project is to establish a new asset class by tokenizing GPUs and their future cash flows, creating a tradable market for AI compute power.

To enhance its utility within the DeFi ecosystem, GAIB has integrated its AID Alpha tokens with external protocols. AIDAUSDC and its USDT counterpart are available on Pendle Finance, a yield-tokenization protocol. This integration allows holders to engage in advanced financial strategies, such as locking in fixed yields, gaining leveraged exposure to Spice point rewards, or earning returns by providing liquidity. The project plans further integrations to support lending, borrowing, and the creation of Principal and Yield Tokens (PT/YT), positioning AID as a versatile asset within the broader DeFi landscape. The ecosystem also includes plans for a staking mechanism called sAID, designed to allow token holders to earn passive income without needing to lock their liquidity. ^{[4] [5]}

The Spice Harvest

The Spice Harvest, officially known as the AID Alpha program, serves as GAIB’s initial liquidity generation event for the AI Dollar (AID). Its purpose is to fund AI infrastructure providers while giving crypto users access to yields connected to the AI economy. Participants deposit stablecoins such as USDC or USDT into vaults on Ethereum and supported blockchains, receiving 1:1 AID Alpha (AIDa) receipt tokens like AIDAUSDC in return. Deposited funds are distributed between low-risk U.S. Treasury investments and financing arrangements with GAIB’s cloud partners to purchase enterprise-grade GPUs. At the end of the campaign, which was expected to last under three months, users can either convert AIDa tokens into AID at a 1:1 ratio or redeem their original deposits.

To encourage participation, GAIB introduced a non-transferable points system called Spice, which tracks user rewards ahead of the project’s Token Generation Event (TGE). Spice accrues daily based on deposited amounts, with higher multipliers granted to early participants and those engaging in select DeFi activities. A two-tier referral program further rewards users for expanding the network. GAIB also integrated AIDa tokens into Pendle Finance to enhance their functionality. On Pendle, AIDAUSDC can be split into a Principal Token (PT) representing the deposit and a Yield Token (YT) representing the future Spice rewards. Users can trade, hold, or provide liquidity to AIDAUSDC pools, earning returns from multiple sources including swap fees, fixed yield, PENDLE emissions, and ongoing Spice accruals. This integration created a multi-layered yield structure combining traditional finance concepts with decentralized finance mechanisms. ^{[2] [3]}