ICHI Weekly Review — Week 26 (June 21–27, 2021)

Recent News and Announcements

• ICHI V2 is LIVE!
• Proposal Passed: one1INCH launch and loan
• 67/33 ICHI-LINK pool deprecated
• Loopring pool deprecated

Upcoming Activities

• DMA launch: one1INCH

Highlights: Metrics Table (Table 1)

• Row 1: Minted oneTokens weekly increase of 520 bps
• Row 2, 3, 4: All oneToken metrics up despite downward trending market — ensuring oneTokens can consistently hold their peg
• Row 10: Payout of ~1233 ICHI to xICHI holders from oneToken treasuries

Table 1: ICHI weekly and monthly metrics for May 12 — June 27, 2021

Highlights: Pool Liquidity and Reward Allocation (Table 2)

• Row 6: Increase in Locked oneToken Liquidity
• Row 7: Over $700k of minted oneFIL in its first week

Important: Please see 6/30/21 ICHI per block column in table 1 for this week’s changes to ICHI reward allocations.

Table 2: Pool Liquidity and Reward Allocation for Week 25 and 26

*oneFIL Deposits on a liquidity liquidity bootstrapping schedule

**1inch contract details on ICHI guaranteed reward schedule

***ICHI-BNT Pool rewards

Pools Deprecated

Due to low liquidity both the 67/33 ICHI-LINK pool on Balancer and the ICHI-ETH pool on Loopring have been deprecated. This means both will no longer receive ICHI rewards starting 6/30/21. Deprecated pools can earn rewards in the future if additional liquidity is deposited or if ICHI and the exchange allocate new rewards to the said pool.

Coming up this week (June 28 — July 4)

• June 30th, 2021 — Reward adjustments go into effect

To learn more about ICHI and get involved in the community check out the links below

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