MetaStreet Launches USDAI: A New DePIN Hardware-Backed Synthetic Dollar
MetaStreet Launches USDAI: A New DePIN Hardware-Backed Synthetic Dollar
馃 DePIN Meets DeFi
MetaStreet introduces USDAI, a yield-bearing synthetic dollar backed by DePIN (Decentralized Physical Infrastructure Networks) hardware and M0 Foundation Treasuries.
Key features:
- Automated Tranche Maker (ATM) for risk-adjusted loan issuance
- QEV Auctions for automated DePIN asset liquidations
- Yield generation for depositors
- Onchain loans for operators
The platform aims to solve financing challenges for AI hardware and GPU networks that currently lack access to traditional lending. MetaStreet's proven technology in NFT and physical asset financing is now expanding to support DePIN network growth.
If there was a Strategic DePIN Reserve, what protocols would you include? Doing some research for @USDai_Official
AethirCloud Node Withdrawals Opening June 16
**Important Deadline**: AethirCloud Checker Node withdrawals open June 16, 10:00PM UTC. 6,848 nodes currently in pool. **Required Actions to Avoid Default**: - Remove LP - Repay loan - Withdraw nodes Access withdrawal portal at [MetaStreet Yield Pass](https://app.metastreet.xyz/yield-pass/arbitrum/0x5355c448df9ac38e47f9c6e814038de888cab8ff/withdraw) *Take immediate action to ensure timely withdrawal and avoid potential defaults.*
MetaStreet Partners with USD.ai for DePIN Infrastructure Financing
MetaStreet announces integration with USD.ai to provide infrastructure financing for decentralized physical infrastructure networks (DePIN). Key developments: - MetaStreet's Liquid Credit Token technology has processed over $300M in onchain lending - Partnership aims to address $500B funding gap in AI and compute infrastructure - USD.ai will offer yield-bearing synthetic dollars backed by DePIN hardware and Treasury assets Technical implementation includes: - Automated Tranche Maker (ATM) for risk-adjusted loan issuance - QEV Auctions system for automated DePIN asset liquidations The platform will enable hardware operators to access loans while depositors earn yield. Project waitlist available at [USD.ai](http://usd.ai)