๐—–๐—ต๐—ถ ๐—ฃ๐—ฟ๐—ผ๐˜๐—ผ๐—ฐ๐—ผ๐—น

is an Ethereum-based protocol issuing $USC, a decentralized & capital-efficient stablecoin A direct competitor to Ethena Labs On-Going incentivized testnet 2% of tokens for airdrop

$USC is the stablecoin issued by Chi Protocol It's a stablecoin backed by $ETH or rebase LSTs with the aim to bring stability, scalability and sustainable economic incentives to the world of decentralized finance More details about USC:

https://chi-protocol.gitbook.io/docs/overview/what-is-usc-and-how-does-usc-work

๐—ง๐—ผ๐—ธ๐—ฒ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ๐˜€ The $CHI token will have an initial circulation of 100,000,000 tokens. 2% of the supply is reserved for airdrops. You can see the rest of the distribution on the diagram below.

๐—œ๐—ป๐—ฐ๐—ฒ๐—ป๐˜๐—ถ๐˜ƒ๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ง๐—ฒ๐˜€๐˜๐—ป๐—ฒ๐˜ Chi Incentivized Testnet will be divided into three sections: Mint USC Earn DAO Share Options Performing tasks in each of these sections will increase your XP on Zealy.

Setup your wallet

Add Chi Test Network to your wallet:

Network Name: Chi Protocol Mainnet fork (Mainnet)

New RPC URL:

https://rpc.tenderly.co/fork/6f213964-9530-4674-9abc-f6f76bee5851โ€ฆ

CHAIN ID: 1

Currency Symbol: ETH

Claim Faucet

Connect your wallet to: https://chiprotocol.io/dashboard/mint

Claim Faucet Add Test tokens to your wallet to reflect them on Metamask

Mint USC

Go to the MINT section & mint some $USC You can use any amount of $ETH, the important thing is to validate one or more transactions

Earn / Stake

Once you have completed your mints, go to the EARN tab and:

Stake $USC Stake $CHI Stake an LP Here again, the amount is not very important, just stake each of these tokens

XP

The DAO Share Options function is not yet live In the meantime, you can already join the Zealy campaign and collect the XP corresponding to the tasks you've performed:

Zealy quest: here

๐—๐—ผ๐—ถ๐—ป ๐˜‚๐˜€ ๐—ผ๐—ป ๐˜๐—ฒ๐—น๐—ฒ๐—ด๐—ฟ๐—ฎ๐—บ Annoucement : http://t.me/cryptonaito

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ๅ‘ๅธƒๆ—ถ้—ด๏ผš2024-03-04 23:21:57