ICHI is a self-sustaining, community-governed platform that enables any other cryptocurrency community to create and manage their own internal non-custodial oneToken (a stablecoin valued at $1).
oneLINK is a stablecoin for the Chainlink community. Users need to purchase LINK to mint oneLINK. You can use oneLINK to buy/sell goods and services, pay fees and taxes, and create dollar exposure in DeFi (Decentralized Finance) applications.
oneLINK offers a hard peg to USDC/USDT without sacrificing decentralization or compromising on the scarcity of Ethereum.
The value of oneLINK is maintained at $1 purely on-chain and accumulates a treasury of LINK.