How to Acquire USDAI

USDAI can be obtained in three primary ways, catering to different user needs—minting through direct contributions, purchasing on decentralized exchanges, or earning via ecosystem participation. Here’s a detailed breakdown of each method.

Minting: Depositing Assets or Compute Credits

• Overview: Minting allows you to create USDAI by depositing supported assets or locking GPU compute credits into GPU.NET’s decentralized application (Dapp.gpu.net).

• Supported Assets:

  • Cryptocurrencies: ETH (Ethereum), SOL (Solana), USDC, or other stablecoins, converted to USDAI based on real-time exchange rates.

  • Compute Credits: Tokenized GPU capacity contributed by providers, valued at $1 USD per USDAI.

• How to Mint:

  1. Visit usd.gpu.net

  2. Connect a compatible wallet (e.g., MetaMask for Ethereum, Phantom for Solana).

  3. Navigate to the “Mint USDAI” section and select your input (e.g., 0.02 ETH or 50 GPU-hours).

  4. Approve the transaction—smart contracts calculate the equivalent USDAI (e.g., 50 USDAI for $50 worth of assets/credits).

  5. Confirm the minting; USDAI appears in your wallet within seconds (chain-dependent).

• Example: A provider locks 100 GPU-hours (valued at $100) into the Dapp, receiving 100 USDAI. Alternatively, a user deposits 50 USDC, minting 50 USDAI after a 0.5% fee.

• Fees: A small minting fee (e.g., 0.5%-1%) covers network costs and validator incentives.

• Availability: Pre-TGE, minting may be limited to testnet; full functionality rolls out in March 2025.

DEX Purchase: Buying USDAI on Exchanges

• Overview: Post-TGE in March 2025, USDAI will be available on supported decentralized exchanges (DEXs), allowing instant purchases with other cryptocurrencies.

• Supported DEXs:

  • Uniswap (Ethereum): USDAI-ETH, USDAI-USDC pools.

  • Raydium (Solana): USDAI-SOL pools.

  • QuickSwap (Polygon): USDAI-MATIC pools.

  • GANChain DEX (GANDex): Native pools post-launch.

• How to Buy:

  1. Choose a DEX based on your preferred blockchain (e.g., Raydium on Solana).

  2. Connect your wallet and ensure it holds a paired asset (e.g., SOL).

  3. Select the USDAI trading pair (e.g., USDAI/SOL), enter the amount (e.g., 10 SOL for ~100 USDAI), and execute the swap.

  4. Approve the transaction; USDAI is credited after confirmation.

• Example: A user swaps 0.1 ETH on Uniswap for 200 USDAI during a liquidity surge, paying a small slippage fee based on pool depth.

• Benefits: DEX purchases offer flexibility and immediacy, with liquidity pools ensuring USDAI’s $1 peg via arbitrage.

• Timeline: Available post-TGE (March 2025); watch GPU.NET announcements for exact listings.

Ecosystem Rewards: Earning USDAI by Providing GPU Resources

• Overview: GPU providers can earn USDAI by contributing compute resources to GPU.NET, incentivizing participation and supporting network liquidity.

• How It Works:

  1. Register as a provider on Dapp.gpu.net (requires hardware verification via Proof-of-Compute).

  2. Connect your GPU(s) to the network, specifying availability (e.g., 10 hours/day of an RTX 4090).

  3. As users consume your compute, you earn USDAI proportional to the market value (e.g., $1/hour = 1 USDAI/hour).

  4. Rewards are credited to your wallet periodically (e.g., daily, weekly).

• Example: A provider offers 50 hours of GPU compute at $2/hour, earning 100 USDAI over a week as developers use it for ML training.

• Benefits: Passive income for providers, scalable compute supply for the network, and direct USDAI acquisition without upfront costs.

• Requirements: Compatible hardware (e.g., NVIDIA GPUs), stable internet, and adherence to PoC standards.