For context, please see https://forum.alchemix.fi/public/d/430-aip-95b-multichain-response-fantom How to Redeem FTM alUSD and gALCX If you have alUSD or gALCX on Fantom and would like to redeem them for alUSD or xALCX on Optimism per AIP 95b, these are the steps to take: 1 — Go to the alUSD FTM contract (https://ftmscan.com/token/0xB67FA6deFCe4042070Eb1ae1511Dcd6dcc6a532E#writeProxyContract). First, connect your wallet to Etherscan using…

Summary On July 30th, 2023, Curve contacted the Alchemix team alerting us of a vulnerability in several of their pools, including our alETH — ETH pool. The Alchemix Multisig team immediately started work to pull AMO-owned liquidity from the affected pool, and they successfully removed 8,027 alETH before the remainder of…

This is a summary of the Alchemix Q2 2023 report which can be found in full in the Alchemix GitBook. This report provides relevant data for Q2 2023, 1 April 2023 to 30 June 2023. The second quarter of 2023 brought many developments into the crypto space and into the…

Alchemix has developed a liquidity migration tool designed to facilitate the seamless transition of liquidity from any Sushiswap or Uniswap v2 liquidity pool to a corresponding 50/50 or 80/20 Balancer pool, while also staking the LP tokens in Aura. Instead of creating a one-time-use solution or a tool that needs…

Are you LPing in the Sushi pool? As a precursor to the deployment of veALCX, the DAO is transitioning its liquidity from the current Sushi 50/50 ALCX/ETH pool to the new Balancer 80/20 ALCX/ETH Pool. This will mark the first step on the path towards boosted yield for veALCX holders…

This is a summary of the Alchemix Q1 2023 report which can be found in full in the Alchemix GitBook. This report provides relevant data for Q1 2023, 1 January 2023 to 31 March 2023. The first quarter of 2023 brought many developments into the crypto space and into the…

Ever lost your ENS? Now you never have to again. Alchemix is proud to present its Self-Repaying ENS tool, SRENS. Anyone with an ETH position in Alchemix may authorize the tool to mint new loans as necessary to automatically renew one or more ENS domains of their choosing. Before we…

This is a summary of the Alchemix Q4 2022 report which can be found in full in the Alchemix GitBook. Key Insights The fourth quarter of 2022 brought many developments into the crypto space and into the Alchemix world, including the following: The FTX exchange and Alameda Research collapsed in early November…

What is delegation? As the protocol becomes more decentralized, it is key that the community’s participation in governance is at a high level, and that each proposal is considered carefully. To that end, Alchemix recently introduced a minimum quorum of 50k ALCX. …