Foresight News reports that USD.AI has launched a Level Up mechanism. Allo Game participants can meet certain scores by locking Pendle YT to earn corresponding rights. The CHIP token ICO will be open on CoinList from February 22 to 27, with a FDV of $300 million.
The ICO paths include: Boost strategy (lock for 4 months with the right to a full refund at a $300 million FDV at any time, and enjoy a discounted valuation of $270 million if held until maturity); Max strategy (lock for 8 months with the right to a full refund at a $300 million FDV, and enjoy a discounted valuation of $190 million if held until maturity). Both strategies also earn second-season points.
Airdrop paths include: Boost strategy (4-month lock with a valuation realization of $350 million); Max strategy (8-month lock with a valuation realization of $420 million). These paths differ from the ICO paths, and once users choose, it cannot be reversed. Users will spend points to exchange for fixed returns. During the lock period, PT can still be used for other DeFi activities. Additionally, in the final week of Allo Game, the YT multiplier for USDai and sUSDai will be increased to 60x.
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