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$CHIP—GOOGL—SPCX—NVDA—MSFT—AMZN—AAPL—META—TSLA—MSTR—SNDK—COIN—CRCL—INTC—
CHIPWORKS

CHIP INDEX

THE STOCK INDEX ON BASE

CHIPX

Own the market’s biggest names in one token.

8 top US stocks. Always redeemable for the real stock inside.

Anyone can mint and redeem, 24/7. No broker, no account, no sign-up.

One $CHIPX is backed by an equal-weight slice of NVDA, MSTR, GOOGL, AMZN, AAPL, META, TSLA and MSFT — Coinbase tokenized stocks, held by the contract, not by the team. Rebalances itself onchain — no fund manager, no paperwork.

MINT $CHIPXREDEEM FOR STOCK
READING CHAIN…
READING CHAIN…
READING CHAIN…
HOW IT WORKS
  1. 1

    Mint

    Pay USDC or ETH and the contract buys all 8 stocks in one transaction, or deposit the 8 stocks yourself. Either way you get newly minted $CHIPX at the value of what went in.

  2. 2

    Redeem

    Hand $CHIPX back and get your share of every stock, any time. Or have the contract sell them and pay you USDC or ETH.

  3. 3

    Rebalancing

    When any stock drifts more than 3 points from 12.5%, or every 30 days, the basket trades back to equal weight. Every trade is held to its Chainlink price, with daily limits on how much can trade.

  4. 4

    Fees

    Mint 1%, falling to 0.75% from $10,000 and 0.5% from $50,000. Redeem 1%. Management 3% a year, taken a little at a time as new $CHIPX rather than by selling stock.

WHERE FEES GO
  • 50% to the Chipworks stock pot, which pays holders of chipped Chipworks NFTs (Based Nouns, DarkNOUNs, Lil Based Nouns, Chiplets).
  • 50% buys $CHIP and burns it.

Don't Trust. Verify.

  • The contract holds the stock

    Not the team, not a custodian, not an exchange. The 8 stocks sit in the vault contract, and anyone can read the balances onchain at any time.

  • Redeeming for stock can never be stopped

    There is no pause switch, no allowlist, no admin override. Your $CHIPX is always exchangeable for your share of the stocks inside it.

  • The code can't be changed

    The vault has no upgrade key. The code that was reviewed and verified on Basescan is the code that will run forever.

  • Anything risky waits 48 hours in public

    No setting that could cost holders money can change instantly. Fee increases, basket changes and contract swaps sit onchain in public view for 48 hours first — time to see it and redeem if you disagree. Only safety brakes (like pausing new mints) are instant.

  • No single person controls it

    Every admin power belongs to a multisig, and none of those powers can move stock out of the vault.

Read the $CHIPX whitepaper →Contact: basednouns@protonmail.com