[USD.AI Plans Programmatic Buyback of CHIP Tokens] Foresight News reports that USD.AI has released a statement outlining its plans for protocol revenue distribution and business model arrangements. The statement indicates that all net interest margin from sUSDai, after deducting CHIP Foundation costs, will be used for programmatic buybacks of CHIP, effective immediately. Initiation fees and a large portion of the proceeds from sales will be reinvested by USD.AI Inc. to reduce lending friction and improve turnover speed. 40% of the proceeds from sales will go to the Yield Reserve to maintain sUSDai's 7% CHIP Hurdle Rate. USD.AI states that its long-term goal is to achieve net deflation of CHIP.