$ICHOR
$ICHOR is the token of the protocol. It is not launched. There is no contract address. Anything claiming to be $ICHOR today is not ours. Launch details will be announced only on our X account.
What the token does, once it exists:
- The protocol fee (10% of yield spent on gas and 10% of Drip budgets) is used entirely to buy $ICHOR on the open market, in the spirit of Hyperliquid’s Assistance Fund and Elysium’s own KNTQ buy-and-burn.
- Staking $ICHOR removes the protocol fee: gas at cost.
- No governance, no points, no KYC.
$ICHOR is not launched. No CA.