Profile
sAID profile facts
GAIB sAID (sAID) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg AID-denominated NAV.
Variant relationship
GAIB sAID (sAID) is modeled as a strategy vault variant of GAIB AID (AID). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
- Collateral
- AID staked into GAIB's ERC-4626 sAID vault; vault capital is deployed into AI infrastructure financings (GPUs, robotics, and related compute) plus a stable reserve buffer of T-bills and stablecoins for liquidity
- Peg mechanism
- sAID is minted by staking AID at the staking NAV rather than pegged to $1. At Ethereum block 26099923 on 2026-10-01, the current implementation burns shares through unstake(uint256), records a loss-adjusted AID claim, and pays AID through processUnstakeQueue(uint256) in FIFO order after a 30-day cooldown, subject to operator-managed available liquidity; partial fills are possible and cooldown expiry is not a maximum completion guarantee. Instant ERC-4626 withdrawals are disabled while cooldown is positive. Issuer documentation describes monthly cohorts, but the reviewed callable implementation uses a request-relative cooldown. AID onward redemption is a separate liquidity- and limit-dependent path; DEX sales depend on market liquidity.
- Jurisdiction
- Singapore
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
sAID quick answers
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What is GAIB sAID (sAID)?
sAID is GAIB's ERC-4626 AI-financing NAV vault funded by AID; current on-chain unstaking uses a 30-day cooldown and a liquidity-dependent FIFO queue. The static profile records its AID-denominated NAV accounting mechanism as: sAID is minted by staking AID at the staking NAV rather than pegged to $1.
Is sAID safe?
As of Oct 24, 2026, Pharos grades sAID F (38/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and any holder can use its reviewed redemption route. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs sAID?
Pharos records sAID's reserves as of Sep 30, 2026 as 100% AID vault shares and AI infrastructure financing portfolio. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Real-World Asset Backed.
Can sAID be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem sAID?
Under the route Pharos reviewed on Jul 19, 2026, any holder can redeem sAID for AID. Requests go through a redemption queue. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
