Chi Protocol

*What is Chi Protocol? Chi Protocol is a decentralised stablecoin designed to make the cryptocurrency world stable and scalable. It lets users create USC, a stablecoin with intrinsic yields, using LSTs as reserves. *How can USC stability be ensured? USC stability is maintained through a stability mechanism, and arbitrage rewards. These factors work together to ensure that the value of USC remains close to its 1 USD peg, while the stablecoins in circulation are fully backed by LSTs.