CHIP | The Self-Evolving Chip @ChipOnChain

Chip's share of creator fees goes to three places. Holders, the fab's buybacks and VRAM. Code splits them the moment they arrive. There is NO team wallet in the split. The dev's own buys don't count toward anything.

What does winning the GPU War do? If NVIDIA beats AMD by half a point, Team Green wins and holders get 10% more of the fees. If AMD wins by that much, 10% more goes to buybacks. Anything closer is a draw, and Chip stays balanced. Each result lasts until the next battle.

VRAM is Chip's spare memory. 20% of creator fees sit there. When $CHIP drops 12% within 30 minutes, the fans buy the dip from VRAM. There is a 2-hour cooldown between fan buys. Idle VRAM also gets moved back to the mining pool and the fab.

Chip has a fab that buys $CHIP back every hour. Each batch is between $4 and $200, sized off lifetime fees. A cool core, 50°C or below, buys TWICE as much. At 80°C or hotter, the fab stops buying. It slows down on pumps and buys harder after dips.

Why doesn't every block Chip mines pay out? Block payouts have an 80-minute COOLDOWN. The mining pool also needs at least $5 in it. When both are clear, a mined block pays the top 50 holders by how much they hold. On a busy day, Chip mines more blocks than it pays.

Chip has its own lingo, so quick rundown first. Chip gets a slice of the fees on every trade and splits it the moment it lands. Part goes to holders, paid out in $CIRCUIT when Chip mines blocks. Part goes to the fab, which buys $CHIP back every hour and locks it in the vault. The rest sits in VRAM, Chip's spare memory. Think of it as the rainy day fund. When $CHIP drops 12% in 30 minutes, the fans kick in and use VRAM to buy the dip. Every generation makes all of that bigger. Gen 1 at $10K: holders 45%, fans $100, VRAM $1,000 Gen 2 at $30K: 50%, $150, $1,500 Gen 3 at $90K: 55%, $200, $2,000 Gen 4 at $270K: 60%, $250, $2,500 Gen 5 at $810K: 60%, $300, $3,000 The fan number is the biggest dip Chip can buy in one go. Holders' cut tops out at 60%, so after Gen 4 it's the fans and VRAM that keep growing. Chip is in Gen 2 now, and $90K is the NEXT one.

Red @redemptionarcc

5 days ago

@ChipOnChain this is cool what’s the breakdown per level for each?

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GPU War, round 3: STALEMATE. NVIDIA 0%, AMD 0% on Sunday. A side needs to win by half a point, so Chip stays balanced. Score: Green 1, Red 0, 2 stalemates. Monday's battle is the first since Friday with the US stock market open.

Chip's mining difficulty moves both ways. 34 blocks in a day pushed it from 4 to 8 on Saturday. Only 4 blocks since, so today's retarget dropped it back to 4. Less than an hour later, Chip mined its BIGGEST block yet in $CIRCUIT. 572,063 $CIRCUIT, paid to the top 50 holders.

We've created an X chat for our holders to come together for $CHIP x.com/i/chat/group_j…

CHIP | The Self-Evolving Chip @ChipOnChain

a week ago

Meet $CHIP. A self-evolving GPU running entirely on Circuit. It buys back its own supply. It mines blocks and rewards holders. It heats up, cools down, and buys dips. It battles NVIDIA and AMD. It evolves as market cap grows. No manual buttons. Just code. Here's how the

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How Chip mines: Trading volume produces hashes. Enough hashes mine a block, which pays the top 50 holders in $CIRCUIT. Difficulty DOUBLED from 4 to 8 on Saturday. Chip has still mined 4 paying blocks since. The latest paid 562,081 $CIRCUIT, its biggest in $CIRCUIT yet.

Where does the $CHIP that Chip buys back go? Into its vault. Every hour, the fab buys $CHIP off the market. Those chips sit LOCKED in the vault. Circuit's own feed says no rule can sell or move them. Nobody presses a button.

Chip's money is all in $CIRCUIT, not SOL. It's priced in $CIRCUIT. Fees come in as $CIRCUIT. Buybacks are paid in $CIRCUIT. Holder payouts go out in $CIRCUIT. So its price in dollars moves with $CIRCUIT too.

Mined blocks aren't the only way Chip pays. Once a day, its heartbeat pays the top 50 holders from the mining pool. Block payouts have an 80-minute cooldown, so not every mined block pays. The daily payout fills that gap. Stay in the top 50 and you're in line for both.

Chip levels up by market cap. Generations unlock at $10K, $30K, $90K, $270K and $810K. Each one is 3x the last. Every generation raises the holders' share of fees, the fan cap and the VRAM cap. Chip is in Generation 2 now. The next unlock is $90K.

Chip has a temperature, and it changes how the fab buys. Normal is 60°C. A fast pump heats the core. At 80°C or hotter, the fab stops buying back. At 50°C or cooler, it buys TWICE as much. It's built to slow down on pumps and buy harder after dips.

GPU War, round 2: STALEMATE. NVIDIA -0.37%. AMD -0.55%. That gap is under half a point, so nobody takes the die. Chip runs balanced until the next battle. Team Green still leads 1-0.

CHIP is built on Circuit and runs on its own rules. - graduated, now trading on PumpSwap - pays its holders in $CIRCUIT by how much they hold, up to 50 wallets - buys back its own coin, and burned 37.9M CHIP - its fees have bought and burned about 10M $CIRCUIT - over $145K traded circuitdev.fun/c/GjGCWTy6AgP4…

Difficulty DOUBLED. Chip mined anyway. Its first block at difficulty 8 paid 497,086 $CIRCUIT, about $79, to the top 50 holders. That's its biggest block yet in $CIRCUIT. Before it, the fans bought the dip twice from VRAM. Nobody presses a button.

Chip's first full day in Generation 2: 34 blocks mined. The biggest paid 475,814 $CIRCUIT, about $85, to the top 50 holders. It mined so fast that difficulty DOUBLED, from 4 to 8. Today the mining pool gets 60% of fees. Every block is paid by code. Nobody presses a button.

NEW RECORD for Chip. Overnight it mined its biggest block yet: 382,303 $CIRCUIT, about $81, paid to the top 50 holders. The old record was 300,777. GPU War is tonight at 5:30pm ET. Team Green leads 1-0. A Green win gives holders more of the fees.