ICHI is self-sustaining, community governed infrastructure that enables any cryptocurrency community to create and govern their own in-house, non-custodial oneToken (a stablecoin valued at $1).
ICHI
- Makes a stable currency (oneToken) for any existing coin/token community,
- Applies market forces to set level of reserves backing the stablecoin between 0-100% to provide stability that is just as good as fiat-backed stablecoins as you can redeem them for exactly 1 USDC,
- Locks up existing coins and is fully on-chain creating more demand for the said token, and
- Gives oneToken holders the ability to govern their member coin’s Treasury.
In addition, ICHI introduces an innovative DAO-like governance model for the overarching decisions made on the development of the entire platform, incentivizing adoption and encouraging real commitment to the ICHI community from its members.
- Website: https://www.ichi.org/
- App: https://www.ichi.farm/#/farm
- Medium: https://medium.com/ichifarm
- Twitter: https://twitter.com/ichifarm
- Discord: https://discord.gg/ppkkHAbj
- Snapshot (Voting): https://snapshot.page/#/ichi.eth
- Farming contract: https://etherscan.io/address/0xcC50953A743B9CE382f423E37b07Efa6F9d9B000
- Farming v2 (Gas Saver): https://etherscan.io/address/0x275dFE03bc036257Cd0a713EE819Dbd4529739c8