What is the current price of ICHI (ICHI)?

The current price of ICHI (ICHI) is 0.5832356793328201 AUD, representing a -2.83 from the day prior.

Can I buy ICHI (ICHI) on Coinstash?

Yes - you can easily buy and sell ICHI (ICHI) on Coinstash. Simply login or sign up, to start buying ICHI (ICHI) in minutes.

Where is the best place to buy ICHI (ICHI) in Australia?

The best place to buy ICHI (ICHI) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell ICHI (ICHI) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of ICHI (ICHI)?

The trading volume of ICHI (ICHI) is 3.1K AUD in the last 24hrs, representing a -2.83 from the day prior.

How can I buy ICHI (ICHI)?

ICHI (ICHI) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of ICHI (ICHI)?

The current market cap of ICHI (ICHI) is 5.5M AUD.

Can I convert ICHI (ICHI) to cash?

Yes - With Coinstash you can convert your ICHI (ICHI) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many ICHI (ICHI) are there?

The current circulating supply of ICHI (ICHI) is 9.3M.

Is Coinstash a safe place to buy ICHI (ICHI) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling ICHI (ICHI) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy ICHI

What is ICHI?

ICHI is a decentralised platform that enables crypto communities to mint their own branded stablecoins, known as oneTokens. It uses a Decentralized Monetary Authority (DMA) model to allow communities to issue over-collateralised stablecoins backed by their native cryptocurrencies, maintaining a stable $1 value.

How does ICHI work?

ICHI operates on the Ethereum blockchain, leveraging smart contracts to manage stablecoin minting, governance, and liquidity. Key features include:

OneToken Model: Each community can create its own stablecoin for internal use.
Over-Collateralisation: Ensures the stablecoins are fully backed to maintain a $1 peg.
Vaults: Manage liquidity effectively, including integration with Uniswap V3.
Community Governance: Decisions on treasury and monetary policies are made through voting.

ICHI’s platform allows communities to retain value and improve liquidity within their ecosystems without relying on third-party stablecoins.

What are the potential use cases for ICHI?

ICHI supports various applications within decentralised finance and crypto ecosystems, such as:

Branded Stablecoin Creation: Enabling crypto communities to mint their own stable assets.
Liquidity Provision: Facilitating stablecoin liquidity on decentralised exchanges.
Yield Farming: Offering yield opportunities through collateral reserves.
Governance: Allowing community-driven management of stablecoin policies.
Cross-Chain Transfers: Supporting seamless asset transfers between blockchains.

ICHI serves industries like DeFi, cryptocurrency exchanges, and blockchain gaming.

What is the history of ICHI?

ICHI’s founding team remains anonymous, but the platform has made significant strides since its launch, focusing on innovative stablecoin solutions.

Significant Milestones:

Platform Launch: Introduced the ICHI ecosystem.
Vaults Introduction: Added Uniswap V3 liquidity management capabilities.
Partnerships: Collaborated with Risk Harbor for peg protection (March 2022) and Rari Capital for liquidity provision (January 2022).
Branded Stablecoins: Launched oneFOX for ShapeShift (November 2021) and onePERL for Planet Earth (August 2021).

Evolution:

ICHI has become a key player in DeFi, focusing on community-specific stablecoins and liquidity management. Its partnerships with projects like Filecoin, Uniswap, and ShapeShift underline its growing influence in the ecosystem. The platform continues to enhance its offerings with innovative features like yield-generating strategies for collateral reserves and branded dollars for crypto communities.