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reported $464M of sUSDai and quotes a 7.02% net annual yield. CHIP holders receive none of it. CHIP governs risk parameters and fee allocation. It sets the terms of the credit, it does not collect the interest. August loan funding was $22.8M. CHIP fell 14.9% to $0.04728.#FedFirst25BpsHikeSince23 #CryptoTaxAndBTCReserve #LongYields5%NewNormal