ICHI is self-sustaining, community governed infrastructure that enables any other cryptocurrency community to create and govern their own in-house, non-custodial oneToken (a stablecoin valued at $1). You must buy that community's cryptocurrency to mint their oneToken. For example, you must buy wBTC (wrapped Bitcoin) to mint oneBTC (Bitcoin's oneToken). You can use these oneTokens to buy or sell goods and services, pay expenses and taxes, or to create USD exposure in DeFi (decentralized finance) applications.
ICHI Protocols: ICHI has built two protocols using factory contracts; Yield IQ Vaults (auto-liquidity management) and Branded Dollars (stablecoins for any community).
ICHI Interface: The ICHI App can be found at https://app.ichi.org/ where users can deposit to Vaults.
ICHI Governance: $ICHI is the governance token of the ICHI protocol. ICHI token holders govern the ecosystem, operate the protocols, and provide accountability for contributors and entities.
ICHI’s Outreach Programs - ICHI offers engaging opportunities to the web3 community through its developer bounties, ambassador programs, student programs, and community events.
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