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GM GM - $CHIP Reaches $1 Billion in FDV - ICO Buyers x3 #5PC @USDai_Official
The highlight last night was the explosion of http:/USD.AI and the ICO $CHIP with a FDV valuation of only $300 million.
💠 Some basic information about the project
Many of you will be wondering why the price of $CHIP has increased so much. Some conspiracy theories suggest manipulation similar to $RAVE; however, you can read the following information to get a more objective view of the project.
- Mechanism of operation: A stablecoin development project with a yield-bearing synthetic dollar mechanism.
+ USDai back 1-1 with PYUSD, US Treasuries,..
+ sUSDai: the version with compounded interest
=> AE converts USDai to sUSDai and holds it; the price of sUSDai will increase over time because interest is added directly to the price.
=> Where does the profit come from? Profit from US Treasuries and GPU loan interest. Simply put, we lend money to AI companies; they buy GPUs to train AI, using the GPUs as collateral.
- Backer: The project is backed by Yzi Labs, Coinbase Venture, Framework, etc.
- The Token $CHIP is now available on most exchanges such as Coinbase, Binance, Upbit, Bithumb, Robihood, Hyperliquid, Lighter, etc.
=> If you're waiting for news about the stock being listed on an exchange for further pumping, take note!
💠 Onchain $CHIP
- $CHIP is present on 3 major chains including Arbitrum, Ethereum and Base. The original chain with 10 billion Token , $CHIP, is on Arbitrum.
- The circulating supply of $CHIP is currently announced at 2 billion Token (20%), including 7% unlocked for Coinlist at TGE and 13% from Airdrop + ecosystem. However, the actual number may be much lower.
The first contract currently holds approximately 80% of the total supply (~8 billion Token) – this is the locked portion belonging to the team, investors, reserves, and ecosystem that has not yet been distributed.
The most actively traded platform is Binance, but the amount of Token held/liquidity on the exchange accounts for less than 2% of the circulating supply.
This is a low-float, high-FDV Token . Leaving aside the price, the pressure to unlock Token (from the team's and investors' vesting schedule) will be immense in the future (unlocking starts in April 2027).
💠 Airdrop season 2
For those of you waiting for the Season 2 Airdrop opportunity, the project has officially launched!
- Some assets that support Allo points include, $CHIP (Stake), $USDai, $sUSDai, LP USDai - USDC/ USDT, LP sUSDai - USDC/ USDT,...
- Check the Airdrop and join season 2 here.
app.usd.ai/dashboard

5 Phút Crypto
@5phutcrypto_
Sharing 40 million $CHIP tokens on Binance - Trade to airdrop to receive 40-240 $CHIP (4$-20$)
It's been a while since we had a trade-to-airdrop event for the bros scraping together some pocket change. Whoever's free, jump in and do it right away, yeah?
💠 FCFS Pool 80k slots -$CHIP$CHIP$CHIP$CHIP$CHIP$CHIPhttps://binance.com/activity/trading-competition/spot-CHIP-listing-campaign…


Any bros joining this deal on Coinlist?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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