ICHI is a governance and value token for the ICHI Protocols, a capital management platform. It supports two protocols: Vaults, which manage single-token Uniswap v3 liquidity to earn high yields, and Branded Dollars, which are community-owned, over-collateralized stable assets.
ICHI is a governance and value token for the ICHI Protocols, which include Vaults and Branded Dollars. Vaults are single-token Uniswap v3 liquidity managers that earn high yields, while Branded Dollars are community-owned, over-collateralized stable assets. Users can mint stablecoins by backing each created token with $1 in value, such as the oneBTC token, which is initially backed by equal amounts of USD Coin (USDC) and wrapped Bitcoin (WBTC).
To store ICHI tokens, you can consider the following methods:
- Alphabetical Organization: Keep all your tokens in a small ultra pro binder, organized alphabetically for easy retrieval.
- Deck-Specific Storage: Store tokens specific to each deck in a separate container, such as a sleeve box or a dedicated deck box, alongside the deck itself.
- Shared Token Storage: Use a clear, hard plastic case or a bundle box to store generic tokens that are used across multiple decks, sorted alphabetically for ease of access.
- Longbox Storage: Store tokens in a longbox, color-coded using sleeves and then alphabetized, allowing you to carry all your tokens in one place.
- Token Box: Use a dedicated token box, such as the 130-count box, to store all your tokens separately from your decks.
Choose the method that best suits your needs and preferences.
To buy ICHI (ICHI) tokens, follow these steps:
Choose a Crypto Wallet: Select a reliable crypto wallet that supports your preferred payment method and policies. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. Download the wallet extension or app from the relevant stores.
Set up Your Wallet: Create an account, provide personal information, and choose a strong password. You will receive a Secret Recovery Phrase or Seed Words, which are crucial for wallet recovery. Record them accurately.
Buy Base Currency: Choose a cryptocurrency exchange platform and purchase a base currency, such as Bitcoin, Ethereum, or Tether. This will be used to trade ICHI.
Transfer Funds to Wallet: Withdraw your base currency to your crypto wallet by providing your wallet address and the amount to transfer.
Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet. Ensure the exchange has sufficient liquidity for the trading pair you want.
Buy ICHI (ICHI): Connect your wallet to the DEX, select ICHI, and enter the amount you want to trade. Be cautious of market trends and trading fees.
- Verify Smart Contracts (if needed): If ICHI is not listed on the DEX, use tools like BscScan or Etherscan to find the smart contract address and paste it into the DEX.
Additionally, you can use centralized exchanges like MEXC, which offers various methods to buy ICHI, including credit cards, bank transfers, and peer-to-peer trading. Ensure you complete the necessary verification steps and follow the exchange's guidelines.