Yesterday I happened to write an article about where idle U is going, and I just saw that the third phase deposit activity of GAIB has started. There is currently a 5x points reward, and the deposit limit for the third phase is 35 million U. The first and second phases were filled up very quickly, and deposits can be made in ETH, Base, and ARB. BNB Chain, Plume, SEI, and Story will be opened later.

Since we're going to deposit money, we definitely need to research what the project is about.

GAIB is a platform that uses AI computing power as its core driving force. In essence, it allows users to purchase AID (AI synthetic dollar) with their stablecoins, which is equivalent to directly investing in GPU computing power. GAIB profits from GPU financing and lending contracts, and then distributes regular dividends, which is where users' earnings come from. Moreover, the demand for computing power is not affected by market bull or bear trends; holding AID means you don’t have to worry about bear markets, making the investment relatively stable.

GAIB has currently secured a total of $5 million in financing from major institutions such as Hack VC, Hashed, and Faction.

Note that the price of AID is pegged to the dollar, not equivalent to the dollar. Deposits will be unlocked within 3 months, and the TGE should happen around the same time. Currently, participation is mainly for the expectation of an airdrop.