ICHI is a self-sustaining, community governed platform that enables any third party cryptocurrency community to create and govern their own in-house, non-custodial oneToken (a stablecoin valued at $1) with a Decentralized Monetary Authority (DMA). ...MoreThe ICHI platform: Allows third party projects to issue their own collateralized stable currency (oneToken) for any cryptocurrency 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, which a user can redeem for exactly 1 USDC. Locks up existing native project tokens to collateralize oneToken, and is fully on-chain creating more demand for said project token backing oneTokens. Gives oneToken holders the ability to govern their own individual project's Treasury.
A quick snapshot of ICHI ROI (return on investment) over different time periods.
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
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Project announcements and news have a significant impact on the price. Below are live updates from ICHI's Twitter and Reddit accounts.
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