BitMart to List USD.AI (CHIP)

According to an official announcement, BitMart will list USD.AI (CHIP) at 21:00 (UTC+8) on April 21. The trading pair CHIP/USDT will be available.

USD.AI is a permissionless lending protocol providing financing for the AI infrastructure industry. The protocol allows GPU operators to tokenize and collateralize their hardware equipment for quick access to capital. It employs a dual-token model: USDai (a stablecoin over-collateralized by PayPal's PYUSD) and sUSDai (an interest-bearing token with a target annual yield of 10-15%, with returns sourced from GPU-backed loans). CHIP is the governance token, allowing holders to vote on protocol parameters, administrator approvals, and USD.AI Improvement Proposals (UIPs).