oneTokens
ICHI supports the following stablecoins, collateralized with your favorite cryptocurrencies.
oneBTC
The stablecoin for the world's ultimate hodlers
oneETH
A stablecoin for the first world computer
oneLINK
Demonstrating the ability to create a stablecoin for large cap projects
oneWING
Borrow and lend on wing.finance
oneVBTC
Help support the peg of VBTC
The Decentralized Monetary Authority Model
Decentralized Monetary Authorities allow any community to mint a stablecoin with their favorite cryptocurrency. Tokens are always redeemable for $1, and create a community treasury to stimulate rewards
1
You pay exactly $1 of value in two parts to mint any oneToken (an ICHI stablecoin).
2
oneBTC is used in this example. It is worth 1 USD. It is minted with USDC and wBTC
3
The wBTC share increases as the BTC treasury grows in size.
4
The USDC is deposited to the oneBTC Vault, controlled by the oneBTC smart contract.
5
The wBTC is also deposited to the oneBTC Vault, governed by oneBTC holders.
6
Exchange wBTC for more USDC. (Rebalance)
7
Invest wBTC in DeFi (Decentralized Finance).
8
Spend wBTC on discounts and yield to grow adoption.
9
Minting and Redemption Fees stay in Collateral.
10
You get exactly $1 of USDC when you redeem a oneBTC.
Partners
Organizations supporting the ICHI community
1inch
Providing liquidity rewards
Balancer
Providing liquidity rewards
Loopring
Providing liquidity rewards
Moonbeam
Providing grant funding
Solana
Providing launch support
Sushiswap
Providing liquidity rewards
Quantstamp
Audited oneToken Factory
Certik
Audited Farming Contract
Solidified
Audited oneToken Factory
Goldin
Ecosystem and liquidity
Accomplice Blockchain
Ecosystem and liquidity
Collider Ventures
Ecosystem and liquidity
First Mile Ventures
Ecosystem and liquidity