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The $CHIP buyout for Level Up Airdrop participants at $420M/$350M FDV has been processed. USDC was distributed to all eligible wallets. Full details on .
$CHIP is now live. Intelligence. Progress. Abundance. Financed with $CHIP.
USDAI docs have been updated. The latest and complete breakdown on how loans are structured, how USDai and sUSDai work, CHIP governance & utility, audits, and more. Check it out at
To support secondary market liquidity @PermianLabs will seed $5m to the USDC-USDai liquidity pool. This pool will ensure deep DEX liquidity and enable market makers to maintain a constant peg for USDai. A 10bps USDai redemption fee will also be applied.