DAI+ is a stablecoin that offers a yield of 8-12% annually through daily rebase. It is fully backed by a portfolio of low-risk DeFi assets that generate yields, including lending protocols and stable-to-stable liquidity pools. This setup allows for daily profit generation, loss avoidance, and instant minting and redemption of DAI+. DAI+ serves various purposes such as liquidity management, AMM trading, and leveraged yield farming. By optimizing stablecoin usage, DAI+ provides additional yield for idle stablecoins and those used in major protocols. One of its key advantages is maintaining its peg without deploying its own capital. DAI+ pools can be arbitrated using flash loans without requiring extra capital, ensuring a stable peg.