Size of the Opportunity

Developing a DeFi-powered USD and introducing the concept of a decentralized and scalable stablecoin is both the biggest challenge and the biggest opportunity in this field.


Stablecoins represent one of three potential opportunities exceeding $1 trillion in the cryptocurrency space. We believe there's an immediate market worth over $5 billion by capturing
DeFi market share with stUSC as a yield-generating reserve asset, and CHI as the most attractive governance token of DeFi. With staked Ethereum set to triple to over $60 billion
in the next year, accounting for over 30% of ETH's 
market cap, USC and CHI have a significant opportunity to grow
 into the billions. Unlike other protocols that may be indifferent to different liquid staking providers, the Chi Protocol is quite particular. It places a significant emphasis on the decentralization principles of cryptocurrencies and exclusively accepts non-custodial liquid staking providers. The protocol's success is closely tied to the growth and innovation within the liquid staking ecosystem, from which it stands to benefit.

Enabling Decentralized Money

Despite their "return-free risk" profile, the demand from users for current stablecoins has been clearly demonstrated, exceeding $130 billion. We consider a comparable product that offers ecosystem participants a permissionless savings return to be the most significant market opportunity that cryptocurrency can offer to people worldwide. This opportunity is even larger than both a volatile store of value or the existing stablecoins in their current form.

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