Alchemix

Alchemix Finance It is a synthetic asset lending platform supported by future income, which helps users to obtain future deposit income in advance by creating synthetic asset tokens. In other words, users can use 100% of the principal to generate revenue on other DeFi agreements, while at the same time lending some of the money to invest in other investments to leverage their revenue. On this chemix product we make four parts: Vaults, Transmuter, Treasury and Farming. 
Vaults
 This is the core of the Alchemix lending logic that is implemented as follows: 
1. Deposit collateral: Users are required to deposit DAI into this contract, which is then deployed to The yDAI Vault of Yearn for liquidity mining to generate revenue; 
2. Borrowings: The user may deposit alUSD of up to 50% value, equivalent to debt, with a minimum collateral rate of 200%; 
3. Repayment: 90% of the proceeds from yDAI are repaid on a regular basis on a pro rata basis to all deposit users until the debt is repaid; 
4. Collateral retrieval: When the Treasury's collateral rate is higher than 200%, the user can withdraw the higher portion of DAI. As the agreement repayments more debt, the user can withdraw more DAI collateral. Or the user can pay off the debt directly with alUSD or DAI and take back the collateral at any time. 
Transmuter
<span class="ql-author-58030660 qL-font-font microsoftyahei qL-size-14" Where you can exchange your alUSD for DAI at any time through this contract. Because 90% of the revenue generated by yDAI is sent to Transmuter and distributed in proportion to the alUSD held by the user, the revenue is used to reduce the user's debt until the debt is finally cleared. 
Treasury
 Ten percent of the revenue generated by Yearyearn will be allocated to the Treasury as a future development fund for the project, which will be used to support the ongoing development of the agreement, cover server costs, marketing and other expenses. The specific use of funds in the Treasury is decided by a vote of ALCX holders. 
Farming

0xdbdb4d16eda451d0503b854cf79d55697f90c8df

Website

Explorer1

Explorer2

Whitepaper

Source Code

Twitter

medium

discord

youtube

Chemix (ALCX) Intro

Media

Explorer

Ethereum

Bitcoin

Dogecoin

Litecoin

Ripple

Tether

Binance Coin

Solana

TRON

Bitcoin Cash

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/4bb892c2-5e93-4091-9c59-097135737318.jpg

Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/025f204c-35c5-4c40-a65f-2d7761a2b84f.jpg

Alchemix reports return of all stolen funds from Curve pools

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/99f19dfd-a9f2-42b0-8038-86805c737bee.jpg

Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	ALCX/USDT	12.9900	-1.96%	$527,236.68	18.0211%	2024-11-04 21:01:06
2	Coinbase	2	Coinbase	ALCX/USD	$15.02	0%	$120,270.09	4.1109%	2024-11-04 21:01:27
3	BingX	3	BingX	ALCX/USDT	12.9800	-1.82%	$33,376.19	1.1408%	2024-11-04 21:01:20
4	OKX	4	OKX	ALCX/USDT	13.0700	-1.28%	$21,258.77	0.7266%	2024-11-04 20:58:03
5	Gate.io	5	Gate.io	ALCX/USDT	13.0900	-0.83%	$8,099.2	0.2768%	2024-11-04 21:01:13
6	Crypto.com	6	Crypto.com	ALCX/USD	$13.13	1.39%	$3,201.49	0.1094%	2024-11-04 21:01:09
7	Kraken	7	Kraken	ALCX/USD	$13.03	-0.99%	$2,582.2	0.0883%	2024-11-04 20:53:26
8	Gate.io	8	Gate.io	ALCX/ETH	0.00536000	0.56%	$237.79	0.0081%	2024-11-04 20:57:16
9	Bitrue	9	Bitrue	ALCX/USDT	13.0000	-1.59%	$31,028.24	1.0606%	2024-11-04 21:01:37
10	CoinEx	10	CoinEx	ALCX/USDT	13.0420	-1.02%	$3,098.36	0.1059%	2024-11-04 21:00:45
11	Nominex	11	Nominex	ALCX/USDT	12.9900	-1.37%	$2,347.5	0.0802%	2024-11-04 20:57:24
12	Hotcoin热币	12	Hotcoin热币	ALCX/USDT	12.9900	-1.74%	$179,987.08	6.1520%	2024-11-04 20:54:10

	Volume(24H)	Trading Percent
OKX	OKX	$21,258.77	1.4427%	Visit
Binance	Binance	$527,236.68	35.7791%	Visit
Coinbase	Coinbase	$120,270.09	8.1617%	Visit
Kraken	Kraken	$2,582.2	0.1752%	Visit
Gate.io	Gate.io	$8,336.99	0.5658%	Visit
Crypto.com	Crypto.com	$3,201.49	0.2173%	Visit
BingX	BingX	$33,376.19	2.2650%	Visit
Bitrue	Bitrue	$31,028.24	2.1056%	Visit
CoinEx	CoinEx	$3,098.36	0.2103%	Visit
Nominex	Nominex	$2,347.5	0.1593%	Visit
Hotcoin热币	Hotcoin热币	$179,987.08	12.2142%	Visit

Market information

Price history

Information

Converter

Pairs

Trading platform transaction information

Trading Percent

More Attention