ICHI Docs v3


ICHI Vaults are Uniswap V3 Liquidity management protocols created to allow Liquidity Providers (LPs) to enjoy the “deposit and forget experience” or Uniswap v2 while also benefiting from the high fee earning capability of concentrated liquidity on Uniswap v3. ICHI Vaults are unique in that they let LPs deposit a single token into a liquidity position on Uniswap v3 to earn and return an ERC-20 liquidity token that can be used in incentive programs. ICHI provides DeFi users and projects with two types of Vaults:
  1. 1.
    Vaults - Allows investors and project treasuries to earn with their token by managing single sided deposit on Uniswap v3.
  2. 2.
    Angel Vaults - Align incentives of DeFi projects and their LPs by concentrating the liquidity of a deposited asset underneath the price of a community’s scarce crypto asset.
It is important to note that Vaults take a liquidity position in a Decentralized Exchange and are subject to the risks that come with this type of deposit.

Vault Metrics page

What is the Vault Metrics page?
The Vault Metrics page provides a deeper understanding of the metrics important to keeping vaults "healthy" and enabling price protection for the Protected Token. This page can indicate how "comfy" a community can be based on the size of their Vault in comparison to Protected Token market capitalization.
What do the columns on the Vault Metrics page stand for/indicate?
Column 1: Vault - The pair of assets in that the vault can hold. The top left asset is the "Deposit Token" and the bottom right asset is the "Protected Token"
Column 2: Current Supply Price - This is the current price of the top of the base position. In other words, this is the highest price the buy-side liquidity of the vault begins (where the vault begins to protect the price of the protected token).
Column 3: Current Max Supply Price - This is the current maximum price the vault could support of the protected asset, meaning it is the price at which the vault liquidity is equal to the "Minimum Strength Needed" when divided into Protected Token Market Cap.
i.e. Vault Liquidity / (Current Max Supply Price * Protected Token in circulation) = Minimum Strength Needed)
Column 4: Minimum Strength Needed - This is the minimum percentage of protected token market cap that the vault needs to have in deposit token liquidity in order for the base position to be concentrated underneath current market price.
Column 5: Vault Strength - Deposit Token Liquidity in the vault / Protected Token Market Cap
Column 6: Deposit button - Allows users to deposit the deposit token into the vault.