Synthetic Tokens

At the heart of IFICHI are synthetic assets known as iTokens, mirroring the value of an underlying asset.

Example: An iToken like "iUSDC" mirrors the USDC stablecoin. Borrowers create iUSDC by pledging collateral (like ETH), while lenders exchange USDC for iUSDC. Post-maturity, iUSDC holders can redeem their tokens for USDC.