TLDR Tech / Crypto
USD.AI Launches CHIP ICO
USD.AI announced that its CHIP token ICO will launch February 22-27 on CoinList at a $300M FDV, featuring a "Level Up" participation mechanism that uses Pendle's yield token infrastructure to create differentiated risk/reward profiles for Season 2 participants. The structure offers two paths: BOOST OWN (4-month lock, $270M FDV discount at maturity) or MAX OWN (8-month lock, $190M FDV discount), both with full refund rights for principal protection and access to 6-10% yields via automated YT/PT vault mechanics. The ICO follows USD.AI's conversion of $100M in GPUs into productive stablecoin yield and supports its 2026 target of $1.5B in loans.
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