You gain a +3 bonus to attack and damage rolls made with this magic item. 

Faith mastery. When you have 0 ki points remaining, you can use a bonus action to regain 1d4+1 ki points. The wraps can do so once, and you regain the use of this ability the next day at dawn.

Ilmater’s favor. While you wear the wraps, you can spend 5 ki points to use your Deflect Missiles feature against a ranged spell attack as if it were a ranged weapon attack. The wraps can be used this way once, and can’t be used again until a long rest is finished.

Extra damage. When you take the attack action while wearing the wraps, you can expend 1 ki point immediately after it to cause a piece of the wrapping to lash out at a target within 10 feet of you. On a hit, the target takes 1d4 psychic damage.

Notes: Bonus: Unarmed Attacks, Damage: Psychic, a monk of Ilmater