USD.AI Launches CHIP Governance, sUSDai Financing Standards Enter Public Governance Process

USD.AI has launched CHIP governance, and the standards for sUSDai financing power will go through a public governance process. The proposal process includes at least 4 days of forum discussions, Snapshot voting, as well as on-chain voting and time locks. The first proposal is to set the initiation parameters for new sUSDai financing, including collateral, maximum utilization rate, and Compute IQ standards. Compute IQ is an intelligent underwriting system built by USD.AI based on GPU financing data, which scores each financing on a scale of 100.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.