The World's First Scalable Stablecoin Backed by LSTs
Empowering Decentralised Money
APR
USC in Circulation
Protocol Reserves
USC Yield Paid
stETH Yield Paid
CHI Burnt
How Chi Works
Deposit
Deposit LST/ETH as collateral
Mint USC
Mint USC at a 100% collateral ratio
Earn Real Yield
Stake USC to earn more USC and stETH
Building The Future of Money
Solving the Stablecoin Trilemma with USC
100% Backed and Fully On-Chain
All USC tokens are pegged at 1:1 with USD and are backed 100% by Chi's reserves, which are securely held in Ethereum smart contracts
Stable
USC is fully reserved and stable due to Chi Protocol's algorithms
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Scalable
Does not require overcollateralisation
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Decentralised
No assets are held on centralised exchanges or banks
Start earning with CHI
The Governance Token with ETH Staking Yield and Token Burns
Real Yield
Stake your CHI tokens to start earning LSTs as CHI stakers have the privilege of receiving the ETH staking yield from the LST reserves
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Token Burns
CHI experiences token burns when there is overcollateralisation of USC and the price is trading at $1 or higher
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Decentralised Governance
Participate in the DAO by locking your CHI tokens and you can begin receiving veCHI incentives and enhanced LST rewards
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