RT s4mmy (@S4mmyEth)If you're holding USDai I want you to bookmark this post to ensure you educate yourself.USDai isn't really your typical stablecoin, more a synthetic dollar; different risk profileIt overcollateralizes loans on AI GPUs (~150%+) to provide a buffer on pegging the token to the dollar (see screenshot of holdings)Great analysis on peg break to the upside from @PendleIntern; But how could the break to the downside occur?Let's try to avoid an AI subprime mortgage crisis with impaired GPU loans! ...

RT s4mmy (@S4mmyEth)If you're holding USDai I want you to bookmark this post to ensure you educate yourself.USDai isn't really your typical stablecoin, more a synthetic dollar; different risk profileIt overcollateralizes loans on AI GPUs (~150%+) to provide a buffer on pegging the token to the dollar (see screenshot of holdings)Great analysis on peg break to the upside from @PendleIntern; But how could the break to the downside occur?Let's try to avoid an AI subprime mortgage crisis with impaired GPU loans! ...

RT s4mmy (@S4mmyEth)If you're holding USDai I want you to bookmark this post to ensure you educate yourself.USDai isn't really your typical stablecoin, more a synthetic dollar; different risk profileIt overcollateralizes loans on AI GPUs (~150%+) to provide a buffer on pegging the token to the dollar (see screenshot of holdings)Great analysis on peg break to the upside from @PendleIntern; But how could the break to the downside occur?Let's try to avoid an AI subprime mortgage crisis with impaired GPU loans! ...

Stablecoin Development - Solana is exploring the possibility of a chain-native stablecoin, following Hyperliquid's example [1] - The proposed stablecoin model involves SOL as collateral within a CDP (Collateralized Debt Position) framework [1] - The industry suggests the stablecoin should be overcollateralized to mitigate risks associated with undercollateralized models [1] Yield Redistribution - The industry proposes utilizing SOL staking yield to redistribute benefits to both borrowers and lenders within the stablecoin ecosystem [1] - Decentralization is a key focus in the yield redistribution mechanism [1] Potential Impact - The industry anticipates a potential positive impact ("pumpenomics") from the introduction of such a stablecoin [1]