# CHIPs (cHIPs)

**cHIPs** are Nunchi non‑transferable points that recognize real contribution to the exchange.

They are used to

* reward participation (liquidity, staking, trading),
* gate early access where needed,
* measure contribution across seasons.

### Two roles in the game

#### 1. HYPE Staking

**Action:** stake HYPE to mint **nHYPE.**\
**Goal:** help secure the HIP‑3 deployer stake requirement.

Early participation is rewarded via tiered multipliers (example schedule):

<table><thead><tr><th width="301.5078125" align="right">Total HYPE Staked (all users)</th><th align="right">Multiplier</th></tr></thead><tbody><tr><td align="right">0–100k</td><td align="right">18×</td></tr><tr><td align="right">100–200k</td><td align="right">16×</td></tr><tr><td align="right">200–300k</td><td align="right">14×</td></tr><tr><td align="right">300–400k</td><td align="right">12×</td></tr><tr><td align="right">400–500k</td><td align="right">10×</td></tr><tr><td align="right">500–600k</td><td align="right">8×</td></tr><tr><td align="right">600–700k</td><td align="right">6×</td></tr><tr><td align="right">700–800k</td><td align="right">4×</td></tr><tr><td align="right">800–900k</td><td align="right">3×</td></tr><tr><td align="right">900k–1M</td><td align="right">2×</td></tr><tr><td align="right">>1M</td><td align="right">1×</td></tr></tbody></table>

#### 2. Liquidity Provider&#x20;

**Action:** deposit stablecoins into **nLP** (liquidity vault).\
**Goal:** deepen market depth for tight spreads and stable execution.

Pendle integrations can add additional multipliers (see Pendle page).

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### Epochs & distribution&#x20;

CHIPs are distributed in fixed cycles (epochs). Your share is based on your **time‑weighted contribution** relative to others in your lane.

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### Fair use

CHIPs are designed to reward real participation, not mechanical farming. Self‑trades, wash trading, and manipulation may be filtered, capped, or clawed back.