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ichi.farm

ichi.farm (ICHI)

$ 0.07
1.35 %
Main info
News
Comments
Markets
Analytics
Market cap
$678.06K
1.35 %
Volume (24h)
$217.22
1.35 %
Circulating supply
9,373,581 ICHI
Total supply
10,000,000 ICHI
Max. supply
10,000,000 ICHI

Key data

updated $0
Market cap$678.06K
Volume 24h$217.22
Circulating supply9.37M94% of max 10M

ichi.farm (ICHI) is a decentralized finance (DeFi) project focused on creating community-owned stablecoins. It allows users to mint and manage stable assets backed by collateral, governed by the ICHI token.

Frequently asked questions

What is ichi.farm and how is it different?

ichi.farm is a DeFi platform for community-owned stablecoins, unlike traditional stablecoins controlled by single entities. It uses a unique 'one-to-many' model where multiple stablecoins can be created and managed by different communities.

How does ichi.farm's technology work?

The platform uses collateralized debt positions (CDPs) and smart contracts to mint stablecoins. Users lock collateral (like ETH or BTC) to generate stable assets, with ICHI token holders governing the parameters.

How is ICHI token emission structured?

ICHI has a fixed supply with no inflation. Tokens were initially distributed through liquidity mining and are now used for governance and fee distribution within the ecosystem.

How to store and use ICHI tokens?

ICHI is an ERC-20 token, so it can be stored in any Ethereum-compatible wallet like MetaMask. It's used for governance, fee discounts, and participating in the platform's stability mechanisms.