Name: ICHI
SKU: ICHI
Price: 1.847904460081 USD

<h2>What is ICHI?</h2>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 <a target="_blank" rel="noopener noreferrer nofollow" href="https://app.ichi.org/">https://app.ichi.org/</a> 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.Historical event: ICHI has been migrated to the new ERC-20 contract. For more information kindly check this announcement: <a target="_blank" rel="noopener noreferrer nofollow" href="https://medium.com/ichifarm/ichi-goes-cross-chain-with-launch-on-polygon-756a84f412ef">https://medium.com/ichifarm/ichi-goes-cross-chain-with-launch-on-polygon-756a84f412ef</a>

One of the primary value propositions of ICHI is that it removes a project’s reliance on strictly centralized stablecoin providers like USDC and Tether’s USDT.&nbsp;Both of these projects have faced criticism for either blacklisting certain addresses or a lack of transparency into how their tokens are collateralized. Each of these issues flies in the face of crypto’s core tenets of censorship resistance and transparency.&nbsp;Decentralized stablecoins such as Maker’s DAI, Terra’s UST, or even one of ICHI’s oneTokens, present a possible alternative.&nbsp;It's much more difficult to shut down or block transactions made in this variety of stablecoin, since the underlying collateral is a decentralized cryptocurrency (or at least a larger portion of the collateral is decentralized). Additionally, these stablecoins are not managed by a centralized entity, but by a collective of various token holders.&nbsp;

ICHI

ICHI provides profitable liquidity provision powering sustainable on-chain returns and deep liquidity.

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