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:
Visit usd.gpu.net
Connect a compatible wallet (e.g., MetaMask for Ethereum, Phantom for Solana).
Navigate to the “Mint USDAI” section and select your input (e.g., 0.02 ETH or 50 GPU-hours).
Approve the transaction—smart contracts calculate the equivalent USDAI (e.g., 50 USDAI for $50 worth of assets/credits).
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:
Choose a DEX based on your preferred blockchain (e.g., Raydium on Solana).
Connect your wallet and ensure it holds a paired asset (e.g., SOL).
Select the USDAI trading pair (e.g., USDAI/SOL), enter the amount (e.g., 10 SOL for ~100 USDAI), and execute the swap.
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:
Register as a provider on Dapp.gpu.net (requires hardware verification via Proof-of-Compute).
Connect your GPU(s) to the network, specifying availability (e.g., 10 hours/day of an RTX 4090).
As users consume your compute, you earn USDAI proportional to the market value (e.g., $1/hour = 1 USDAI/hour).
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.
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