> For the complete documentation index, see [llms.txt](https://docs.ichi.org/legacy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ichi.org/legacy/glossary/defi-concepts.md).

# DeFi Concepts

Decentralized Finance concepts and their definitions/relevance to ICHI

| **Keyword**    | **Definition**                                                                                                                                                                                                                                                                                      |
| -------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Stablecoin     | A coin designed to remain at $1 of value.  You may mint stablecoins by depositing $1 of value in two parts: part collateral coins, part member coins.  These are typically named oneX where X is the member coin.  For example, oneBTC is Bitcoin's stablecoin and oneETH is Ethereum's stablecoin. |
| Liquidity Pool | Multi-asset pools of crypto that enable swapping between the respective assets in those pools. ICHI leverages liquidity pools to maintain the price of stablecoins.  Here is a resource that explains this concept: <https://uniswap.org/docs/v2/core-concepts/pools/>                              |
| Liquidity Farm | ICHI sponsored farms that enable liquidity providers to earn rewards for  depositing LP tokens from said pools.                                                                                                                                                                                     |