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Binance News
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Binance HODLer Airdrops Adds USD.AI (CHIP), a Permissionless AI Infrastructure Lending Protocol
Key Takeaways
Binance has announced USD.AI (CHIP) as the 63rd project on its HODLer Airdrops program, with 25 million CHIP tokens allocated as airdrop rewardsEligible users are those who subscribed BNB to Simple Earn or On-Chain Yields products between April 13, 00:00 UTC and April 15, 23:59 UTCCHIP tokens are expected to be distributed to eligible users' Spot Accounts within 5 hours of the announcementUSD.AI is a permissionless lending protocol enabling GPU operators to tokenize hardware as collateral and access instant financingTotal token supply is 10 billion CHIP, with 2 billion (20%) entering circulating supply upon Binance listing
Binance has listed USD.AI (CHIP) as the 63rd project on its HODLer Airdrops program, rewarding BNB holders who subscribed to Simple Earn or On-Chain Yields products during a retroactive snapshot window in mid-April.
USD.AI is a permissionless lending protocol built to finance artificial intelligence infrastructure. The protocol allows GPU operators to tokenize their hardware as collateral and access financing instantaneously -- targeting the fast-growing demand for AI compute financing as GPU infrastructure costs continue to scale alongside model development.
Airdrop Details
A total of 25 million CHIP tokens have been allocated for the HODLer Airdrops distribution. Eligibility is based on BNB subscriptions to Simple Earn (Flexible and/or Locked) and On-Chain Yields products held between April 13, 00:00 UTC and April 15, 23:59 UTC. Qualifying users will receive CHIP directly to their Spot Accounts within 5 hours of the announcement.
Individual rewards are calculated proportionally based on average BNB holdings during the snapshot period, subject to a hard cap: no single user's BNB holding ratio can exceed 4% of the total average BNB pool. Holdings above that threshold are calculated at the 4% ceiling.
Token Details
CHIP has a total and maximum supply of 10 billion tokens. At the time of Binance listing, 2 billion CHIP -- representing 20% of total supply -- will enter circulation. The token is deployed on both Ethereum and Arbitrum at contract address 0x0C1c1C109FE34733fca54b82d7B46B75CFb71F6e. A full research report is expected to be published within 48 hours of this announcement.
How HODLer Airdrops Works
Binance's HODLer Airdrops program rewards BNB holders retroactively based on historical balance snapshots, without requiring ongoing action beyond subscribing BNB to eligible Earn products. Snapshots are taken multiple times per hour at random intervals, with averages used to calculate final reward allocations. Users subscribed to Simple Earn also qualify automatically for Launchpool and Megadrop rewards, while On-Chain Yields subscribers qualify for HODLer Airdrops and Launchpool rewards.
Binance has announced USD.AI (CHIP) as the 63rd project on its HODLer Airdrops program, with 25 million CHIP tokens allocated as airdrop rewardsEligible users are those who subscribed BNB to Simple Earn or On-Chain Yields products between April 13, 00:00 UTC and April 15, 23:59 UTCCHIP tokens are expected to be distributed to eligible users' Spot Accounts within 5 hours of the announcementUSD.AI is a permissionless lending protocol enabling GPU operators to tokenize hardware as collateral and access instant financingTotal token supply is 10 billion CHIP, with 2 billion (20%) entering circulating supply upon Binance listing
Binance has listed USD.AI (CHIP) as the 63rd project on its HODLer Airdrops program, rewarding BNB holders who subscribed to Simple Earn or On-Chain Yields products during a retroactive snapshot window in mid-April.
USD.AI is a permissionless lending protocol built to finance artificial intelligence infrastructure. The protocol allows GPU operators to tokenize their hardware as collateral and access financing instantaneously -- targeting the fast-growing demand for AI compute financing as GPU infrastructure costs continue to scale alongside model development.
Airdrop Details
A total of 25 million CHIP tokens have been allocated for the HODLer Airdrops distribution. Eligibility is based on BNB subscriptions to Simple Earn (Flexible and/or Locked) and On-Chain Yields products held between April 13, 00:00 UTC and April 15, 23:59 UTC. Qualifying users will receive CHIP directly to their Spot Accounts within 5 hours of the announcement.
Individual rewards are calculated proportionally based on average BNB holdings during the snapshot period, subject to a hard cap: no single user's BNB holding ratio can exceed 4% of the total average BNB pool. Holdings above that threshold are calculated at the 4% ceiling.
Token Details
CHIP has a total and maximum supply of 10 billion tokens. At the time of Binance listing, 2 billion CHIP -- representing 20% of total supply -- will enter circulation. The token is deployed on both Ethereum and Arbitrum at contract address 0x0C1c1C109FE34733fca54b82d7B46B75CFb71F6e. A full research report is expected to be published within 48 hours of this announcement.
How HODLer Airdrops Works
Binance's HODLer Airdrops program rewards BNB holders retroactively based on historical balance snapshots, without requiring ongoing action beyond subscribing BNB to eligible Earn products. Snapshots are taken multiple times per hour at random intervals, with averages used to calculate final reward allocations. Users subscribed to Simple Earn also qualify automatically for Launchpool and Megadrop rewards, while On-Chain Yields subscribers qualify for HODLer Airdrops and Launchpool rewards.
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