Hi all, Don from the ICHI community here to share a bit about the stablecoin we just launched for the Filecoin Community, oneFIL.
ICHI deploys a Decentralized Monetary Authority (DMA) for any crypto community to get their own stablecoin collateralized with their token. We use a set of smart contracts deployed to Ethereum and audited by Quantstamp and Solidified to create each DMA. Once deployed anyone with renFIL and USDC can mint oneFIL, deposit to earn yield, and use oneFIL across the Filecoin ecosystem.
This was our first stablecoin launched leveraging a Ren token but we are hoping to launch many more soon.
You can get started using oneFIL here: app.ichi.org
We’d love any feedback or questions you might have.