While attuned to this item you have a +1 bonus to your Armor Class and gain the following features:

Shadow Strike:  Once per turn, when you hit a creature with an unarmed strike you may choose to vanish in a cloud of black smoke and reappear in an unoccupied space within 10 feet of the creature you hit.

Phantom Fist:  When you spend a Ki point to use Flurry of Blows you may choose to roll a d6.  On a hit, each bonus action attack deals additional force damage equal to the number rolled.  If either bonus action attack reduces the target to 0 Hit Points you regain the Ki point used for the attacks.  You can use this ability a number of times equal to your proficiency bonus per long rest.  

Blood Sport: Whenever you finish a short rest you must make a DC 14 Wisdom saving throw.  On a failed save, you must spend 1 Ki point to satiate the Wraps or else they lose all magical properties and bonuses, reverting back to simple leather straps.  The Wraps can be restored after you finish your next long rest by spending 1 Ki point, provided you are still wearing them and attuned to them.

Untapped Potential:  Gaining familiarity through time, study, and use may enhance this item's power.

"Taking a life takes something from you.  That is the balance" - Unknown.

Notes: Bonus: Armor Class, Monk, Movement, Deception, Outerwear