Permian Labs

building @usdai_official, yield bearing synthetic dollar backed by AI infrastructure assets

[Beam Foundation @BeamFDN]

Tactical Compute: the driving force behind BeamRWA.

We're in a compute drought. It's not from scarcity, but from AI's hunger for power.

The solution? Idle GPUs in data centers worldwide waiting to be tokenized.

https://t.co/3tF7GowB6I

Let's dive in🧵

[USD.AI @USDai_Official]

1/ 🟪 Excited to see the latest @BlockworksRes report highlight https://t.co/3G1FcUsLPy

Key insights:
- How we're tackling multi-billion AI infrastructure demand
- How we support redemption liquidity with QEV auctions
- Our early traction w/ $50M TVL in beta

[The Learning Pill 💊 @thelearningpill]

The irony is painful:

We're building the future of decentralised infrastructure, but we're still begging centralised banks for loans

There's a massive gap here, and @USDai_Official on @arbitrum might just be the bridge we've been waiting for 👇

[Permian Labs @PermianLabs]

@USDai_Official InfraFi is imminent

[USD.AI @USDai_Official]

We've just deployed our first ROCKCHIP RK3588 SERVERS loan.

Here’s what that means:
→ Hardware tokenized via CALIBER
→ Underwritten with FiLo from @PermianLabs
→ Capital deployed from sUSDai
→ Servers earn 15% APY
→ Yield flows into reserves

Public launch: imminent ▽

[USD.AI @USDai_Official]

CoreWeave’s ~276% YTD stock jump underscores just how strong the demand for AI infrastructure is

If even Big Tech giants are struggling to meet demand, smaller providers face an even bigger financing challenge

https://t.co/3G1FcUsLPy is here to fill that gap

[USD.AI @USDai_Official]

1/ Yield-bearing dollar assets + RWA collateral are evolving fast, and we're at the forefront:

2016: Offchain credit scaled Bitcoin mining
2020: T-Bills became onchain yield
2024: Ethena brought delta-neutral synthetic yield
2025: Yields backed by infrastructure credit via @USDai_Official

[Permian Labs @PermianLabs]

@USDai_Official InfraFi is coming...

[USD.AI @USDai_Official]

1/ @USDai_Official is bringing structured credit onchain to scale real-world infrastructure

But why launch w/ a yield-bearing synthetic dollar?

Because onchain dollars enable rapid capital formation—ideal for scaling the multi-billion dollar AI & DePIN market. Full podcast ↓

[USD.AI @USDai_Official]

1/ DeFi yields are compressing, and most RWA protocols just repackage old TradFi yields—and risks

But what if DeFi unlocked new yield from new markets? It’s time to let the yield flow from infrastructure

@Delphi_Digital dives into how @USDai_Official does it with AI InfraFi 👇

[USD.AI @USDai_Official]

1/ We wanted to bring real infrastructure onchain as loan collateral

But no RWA framework gave us what we needed: insured assets, verified existence, or enforceable ownership

So we built CALIBER: the legal/tokenization engine behind @USDai_Official. See how it works ↓

[USD.AI @USDai_Official]

Institutional RWA adoption isn’t theoretical—it’s happening fast

@USDai_official is financing infrastructure onchain, unlocking new private credit use cases and boosting capital efficiency / yield opportunities

Catch the @Nasdaq mention w/ @ajwarner90 & @jillmalandrino 👇

[Permian Labs @PermianLabs]

@ajwarner90 @arbitrum @legiondotcc Arbitrum is the hub for InfraFi

[A.J. Warner @ajwarner90]

I am so excited for this project to launch, and stoked that they chose @arbitrum as home.

Crypto and blockchains as a mechanism for capital formation is in its infancy. ICOs (and the regulated ones like @legiondotcc offers) are a killer use case, but that is only the equity side.

Have crypto as a mechanism for efficiently pooling on the debt side as well is just such a fascinating next step. Want to see them crush it.

[Delphi Digital @Delphi_Digital]

DeFi yields have declined. Rather than recycling TradFi yields, the real opportunity comes from generating crypto-native yield through DePIN & AI infrastructure.

@USDai_Official unlocks this potential by bringing a multi-billion dollar compute financing market on-chain.

Today, stablecoin yield has largely come from lending revenue & T-Bills. However, the AI revolution presents an untapped source of yield: the physical infrastructure powering it.

The problem is hardware is illiquid, but USDAI tackles the issue by transforming hardware into liquid, productive capital with its synthetic dollar.

DePIN operators can collateralize hardware assets. Through USDAI InfraFi looping, operators collateralize hardware for fixed-rate, amortizing loans.
These loans prioritize lender safety with ~70% LTV (~30% equity cushion) and ongoing principal repayment, enabling operators to leverage hardware for faster scaling and potentially higher returns.

How does it work?

First, USDAI uses the CALIBER framework with legal standards like UCC Section 7 and rigorous due diligence processes (site visits, insurance) to create NFTs bringing physical hardware like GPUs on chain.
Secondly, USDAI uses a modular underwriting system to ensure loan quality & scalability. @PermianLabs will be the sole underwriter at launch specializing in compute assets.

As USDAI grows, additional underwriters will be onboarded to support other emerging hardware-intensive businesses.

Stablecoin Powered By Compute

USDai itself is the synthetic dollar backed by assets held within a portfolio of hardware-backed lending pools. It aggregates value from underlying Liquid Credit Tokens (LCTs) which represent shares in specific loan pools.
Initially, USDai will be made up of T-bills powered by @m0foundation during the bootstrapping phase, offering stable treasury yields for early liquidity.

As more hardware loans are underwritten, this backing will shift over time.
USDai can be staked for sUSDai, which will receive T-bill yield initially and hardware loan yield later on. The goal is to eventually increase yield to 100% hardware backing, targeting returns significantly higher than traditional rates.

Recognizing that high hardware backing impacts liquidity, USDAI also plans to implement QEV (Queue Extractable Value), an auction mechanism designed to manage redemptions efficiently during these later stages.

This approach connects DeFi's efficiency with real-world hardware needs, offering operators crucial leverage and DeFi users a novel, RWA-backed yield source tied directly to the AI revolution's infrastructure growth.

[Chase @allred_chase]

Tokenizing cash flows from data centers

@PermianLabs unlocking new ways for capital to flow

[USD.AI @USDai_Official]

The InfraFi future is taking shape

Our new homepage is live — a hub where infrastructure growth is driven by onchain financing, with yields flowing back to users

App launches in May. Join the waitlist at https://t.co/3G1FcUsLPy
Backed by the future 🌐

[Permian Labs @PermianLabs]

@USDai_Official the hub for infrafi is looking clean

[metastreet @metastreetxyz]

What we’re building with @USDai_Official is the next evolution of stablecoins, a synthetic dollar backed by tokenized infrastructure powering compute, energy, and telecom

USDai isn’t just a store of value — it unlocks real yield and efficient capital flow that scales the networks of tomorrow

[metastreet @metastreetxyz]

Excited for this convo with @hotspotty and @dspillere, our own @_ConorMoore walks through how we evolved from NFT lending to building the onchain credit rails powering DePIN and infrastructure growth 🌐

Yield, backed by the future, is coming with @USDai_Official