As promised, I'm going to take a deep dive and show step by step scenario on how @USDai_Official will work on @arbitrum This is not your usual stable coin but instead it's meant to be a yield bearing synthetic dollar designed to power AI and DePin infrastructure aka "Backed by the future" Before we deep dive into an example flow, let's go over the definitions again > USDai: fully backed synthetic dollar (not fiat-backed) > sUSDai: yield-bearing token > Yield: How the protocol will generate yield for sUSDai users This is a VERY interesting concept in that it's trying to crack how to fund AI cost in a decentralized manner. Now that we know what USDai is, let’s break down how it actually works with a simple example below.
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