ICHI Staking Guide
ICHI explained how to stake $xICHI, the governance token of the ichi.org community and platform.
ICHI holders can stake ICHI in order to receive xICHI. After staking, holders receive ICHI Powah and can govern community votes on Snapshot. In return for participants’ time, expertise, and effort. xICHI holders get paid a share of treasury yields.
This is a quick tutorial on how to stake your ICHI:
1. Go to app.ICHI.org
2. Connect your wallet
3. Click the blue ICHI button & the drop-down will populate
4. Click the green “Stake” button, you will first approve the contract and then you will stake your ICHI for xICHI.
5. Participate in Governance —use your ICHI Powah! Vote to determine future features and/or parameters of the ICHI platform as well as protocol improvements.
About ICHI
ICHI is a self- sustaining, community governed infrastructure that enables any cryptocurrency community to create and govern their own in-house, non- custodial oneToken (a stablecoin valued at $1). ICHI introduces an innovative DAO- like governance model for the overarching decisions made on the development of the entire platform, incentivizing adoption and encouraging real commitment to the ICHI community for its members.
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