AID Alpha — The Spice Harvest Is Live

Today, the AI onchain economy takes a big leap forward with the launch of AID Alpha, the first AI synthetic dollar, powered by GAIB.

Many AI infrastructures — such as Cloud Service Providers (CSPs) and data centers — are struggling to secure funding efficiently enough to keep up with scale operations due to limitations in traditional fundraising methods. They are necessary to acquire the most valuable resource in the future economy, compute, powered by expensive, scarce, and high-maintenance compute assets: GPUs.

At the same time, crypto’s DeFi economy is struggling to emerge from the ouroboros and provide returns that escape an increasingly circular economy for its growing capital; real yields from the real world that accrue from ongoing demand for products and services.

What is AID

GAIB introduces AID (AI Dollar), the first AI synthetic dollar, offering blockchain investors yields backed by real-world AI demand. AID is the first product on the AI economic layer built by GAIB, now live on Ethereum mainnet and coming soon to Arbitrum and Base in its Alpha version.

For more details on AID, visit our previous blog Introducing AID, or our documentation.

AID Alpha: The Spice Harvest

AID Alpha is the launch phase of AID, a liquidity bootstrapping campaign that starts today, May 12th.

Mechanism

1. Users are invited to deposit USDT, USDC, and other supported stablecoins and synthetic dollars through the Spice Harvest UI to the vaults on Ethereum mainnet, coming soon to Arbitrum and Base.
2. Capital will accrue 1 Spice per USD per day for the campaign’s duration, leading to rewards at GAIB’s token launch.
3. The funds will be locked during the campaign and gradually allocated to GAIB’s early cloud partners, generating a blended yield from treasury bills and GPU financing deals that will be passed to depositors.
4. Users will receive AID Alpha tokens 1:1 to their stablecoin value, a transferable receipt token usable through the campaign to account for the position.
5. At the end of the campaign, users can convert their AID Alpha tokens for AID mainnet tokens (the final version of AID) when it launches or withdraw their initial stablecoin deposits.
6. The launch of the yield-bearing token sAID will follow the launch of AID mainnet.

The campaign will begin on May 12th with a limited $5M USD deposit cap across all chains and assets to maximize rewards for early participants through the highest multipliers.

After this cap is hit, further cap increases will be announced through GAIB’s official channels, allowing more users to participate.

The campaign is expected to last less than three months, with earlier supporters getting higher rewards.

AID(alpha) token

• The AID Alpha tokens are temporary receipt tokens representing user deposits into the various accepted assets and chains.
• One receipt token will be issued per chain per received asset, i.e, AIDaUSDT and AIDaUSDC on Ethereum.
• A one-click feature will enable users to convert their AID Alpha tokens for AID mainnet tokens at the end of the campaign.
• The tokens will be minted 1:1 according to the received stablecoins in the vaults.
• They will be transferable and usable in additional yield strategies to be announced.

The only official contract addresses for the AID Alpha receipt tokens are:

Ethereum

AIDaUSDT: 0xDc45e7027A0489FE6C2E4A0735097d8E6952A340

AIDaUSDC: 0xd5255Cc08EBAf6D54ac9448822a18d8A3da29A42

Yield

AID Alpha is an early deposit campaign for AID — GAIB’s synthetic dollar backed by real AI demands. The campaign aims to bootstrap the protocol while rewarding early users who contribute to the growth of AID.

All deposits will be initially deployed in treasury bills and gradually allocated to early GPU financing deals, generating a blended real yield from both treasury bills and compute during this bootstrapping phase.

Spice

AID(alpha) accrues Spice, a points program that rewards depositors with 1 Spice per USD value per day, leading to benefits at GAIB’s token launch.

Users can see their earned Spice through the Spice Harvest UI by connecting their wallets anytime.

Spice will have several opportunities to increase the user’s earning potential.

• Early depositors: The program will have a decreasing multiplier mechanism where users earn Spice faster the earlier they deposit. The first cap at $5M will be incentivized with 10x the points. Further multipliers will be announced with the new caps.
• Referral program: Those who refer other users through the referral link will earn 20% of their referred users’ Spice and 10% of their second-order referrals.

The Fremen Essence NFT

The Fremen Essence is an exclusive NFT opportunity inside the AID(Alpha) Harvest campaign. At the end of the campaign, 3,000 free mint NFTs will be minted, leading to extra exclusive rewards for those who can get one.

Wallets will be whitelisted based on their participation in the GAIB community, through partners of the GAIB ecosystem, and their depositing behaviour in the campaign.

The mint will happen at the end of the campaign on a first-come, first-served basis after the initial GAIB community members mint in the first round; GAIB’s official channels will be informed of the time and day of the minting well in advance.

More details on the NFT and its criteria will be announced soon.

How to participate in the AID Alpha Harvest

1. Go to aid.gaib.ai
2. Connect your wallet
3. Choose the chain where you want to deposit and the asset amount
4. Click deposit
5. Complete the transaction and check your AID Alpha
6. Earn Spice

What is GAIB

GAIB is the first economic layer for AI and compute, transforming GPU-backed assets into yield-generating opportunities. Through AID, GAIB’s AI synthetic dollar, investors can seamlessly access the AI economy while earning real yield from AI-powered compute. Staking AID (sAID) allows token holders to earn rewards while maintaining liquidity, offering access to AI-driven financial markets.

GAIB also powers AI infrastructure by providing capital solutions for cloud providers and data centers, optimizing their access to compute resources. With integrations across DeFi protocols, including lending, borrowing, and structured products, GAIB bridges AI and blockchain finance, unlocking new opportunities at the intersection of technology and investment.

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