Stable Crypto Dollar with Real Rewards
stUSC APR ≈
USC in Circulation
Protocol Reserves
stUSC Rewards Paid
stETH and weETH Rewards Paid
Deposit
Deposit LST, LRT, or ETH as collateral
Mint USC
Mint USC at a 100% collateral ratio
Earn Rewards
Stake USC to receive stUSC and earn rewards
100% Backed and Fully On-Chain
All USC tokens are pegged 1-to-1 with USD and are backed by Chi's reserves, which are securely held in Ethereum smart contracts
Solving the Stablecoin Trilemma with USC
Reliable
USC is fully reserved and protocol-stabilised
Scalable
Does not require overcollateralisation
Decentralised
No assets are held on centralised exchanges or banks
Audited by the world’s leading security firms, the safety of the Chi Protocol is the highest priority.
The Governance Token with ETH Staking Yield and Token Burns
CHI, the Governance token of Chi Protocol, allows anyone, whether an individual or an organisation, to participate in the Chi Protocol's ecosystem and be rewarded in LST and LRT rewards directly from the reserves.
CHI experiences token burns when there is overcollateralisation of USC and the price is trading higher than $1.
Participate in the DAO for future governance decisions by locking your CHI tokens in exchange for veCHI. This will allow you to start receiving CHI incentives and enhanced LST rewards.
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The only Ethereum-based stablecoin protocol with capital efficiency and native rewards for all stakeholders.
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