Recently, @ USDai_official posted CHIP and also participated in the BNB Holder airdrop for issue 63. From the perspective of a BNB holder, it's actually quite good to have such welfare airdrops every once in a while. Original text: https://www. (binance.com)/zh-CN/support/announcement/detail/c8d2380a71ee4b56980cf7798d2e3d8f This project was quite popular before. At first, there weren't many people fighting, but later @ Plasma asked everyone to FOMO, and in the end, the credit limit was basically within seconds. Moreover, in Series A, Framework Ventures led the investment with $13 million, followed by Dragonfly, Arbitrarum, Bullish, YZi, and others. Later, Coinbase Ventures added additional funds Returning to project design, they are not simply issuing stablecoins, but packaging the computing power financing needs of AI companies into on chain USD revenue products. It treats GPU/AI infrastructure as a new type of RWA (real-world asset), filling the financing gap where traditional banks cannot understand GPU pricing To put it simply, the interest earned by depositing stablecoins ultimately comes from the real repayment of borrowing GPU as collateral by AI companies, putting the credit income of AI computing infrastructure on the chain And currently, their CHIP has a total of three main functions GPU credit pricing power: determining which GPUs are eligible for collateral, interest rates, and loan conditions The final line of defense for the agreement: In the event of extreme risks (such as large-scale defaults leading to USDai being unanchored), CHIP intervenes to provide a fallback Collateral access control: New GPU types must be voted on by CHIP holders, and each expansion may result in larger loan sizes and higher interest rates In the current market situation, similar projects are becoming increasingly rare. Just look at how the projects on the field are running now. If we can come up with a better project, the acceptance level is actually not low.