Alchemix
ALCX
Alchemix (ALCX) Feed: Events, News & Roadmap
Alchemix to Host Meetup in Denver on March 1st
Alchemix is co-hosting an event in Denver on March 1st during ETH Denver.
Alchemix to Hold AMA on Discord on January 5th
Alchemix will host an AMA on Discord on January 5th at 12:00 UTC. The discussion will revolve around what Blueprint is, the incentives and liquidity o…
Alchemix to Hold AMA on Discord on December 15th
Alchemix will host an AMA on Discord on December 15th at 14:00 UTC.
Alchemix to Hold AMA on Discord on December 8th
Alchemix will host an AMA on Discord on December 8th at 12:00 UTC. The discussion will revolve around the concept of Fyde, the evolution of treasury m…
Alchemix to Hold AMA on Discord on September 29th
Alchemix will host an AMA on Discord on September 29th at 12:00 UTC. The guest for this week’s session is the representative from Taho. The discussion…
Alchemix and Connext to Hold Cross-Chain Airdrop on September 5th
Alchemix has announced that users who utilized their platform before August 1st and are eligible for their airdrop will have their scores multiplied b…
AMA on Discord
Alchemix will have an AMA on Discord channel with Alphaday on the 22nd of June
AMA on Discord
Join to an AMA on Discord
AMA on Ramses Twitter
Join to an AMA on Twitter
Quarter Report
Quarter report has been released
AMA on Discord
Join to an AMA on Discord
AMA on Twitter
Join to an AMA on Twitter
AMA on Discord
Join to an AMA on Discord
AMA on Discord
Join to AMA on Discord
AMA on Discord
Join on Discord this Friday
AMA on Discord
Join for an AMA on Discord this Friday
AMA on Discord
This week ALCX team welcome KlimaDAO to their fireside chat to talk about carbon credits, their offsetting platform, Klima Infinity, and integration w…
Token Swap
AMA on Discord
AMA on Discord
Alchemix Events on the Chart
What is Alchemix?
Alchemix is a DeFi platform that facilitates the generation of synthetic assets, mirroring the anticipated future returns of an initial deposit. This approach effectively offers users self-repaying loans, eliminating the possibility of liquidation often seen in leveraged positions.
The core principle behind Alchemix is to provide instant loans without the typical associated risks. Users deposit assets, which then accrue yield over time. Using the future potential yield of these assets, synthetic tokens are instantly minted and given to the user, essentially representing a loan that is auto-repaid as the yield is realized.
ALCX is Alchemix’s inherent governance and utility token. Its primary functions encompass liquidity mining, where users can stake in pools to earn rewards and a part of transaction fees. Additionally, the token facilitates the minting of synthetic assets by depositing collateral like ETH. Crucially, ALCX also empowers holders with governance rights, enabling them to participate in on-chain decision-making processes.