Last week we shared our vision for the Alchemix DAO and updated tokenomics to great reception among our community. Now, we would like to share the general outline of our vision with the rest of the DeFi community. Please keep in mind that this is a high-level overview and that…

Our multi-chain strategy Alchemix is diversifying across multiple chains as they become feasible. There are many factors that contribute to our expansion plans including the integrity of our product and security of our alAssets. Managing the protocol across multiple chains should be as consistent as possible, especially where audits have the advantage to…

When Alchemix was originally launched, we never anticipated our peg stability module, the Transmuter, to exceed 9 figures in value, with both the alUSD and alETH transmuters holding over $100m in value each. To take advantage of this, Alchemix began deploying these reserves in Yearn and passed the extra yield…

Having waited patiently for Alchemix v2 we’re now supporting the migration of your funds from v1 into v2 via a handy tool built into the site. This is aimed to be the easiest and most economical way to migrate your position. Please note that a true 1:1 migration of your…

Have high transaction fees restricted you from harnessing the power of an Alchemix Self-Repaying Loan? You’re not alone. — One of the most sought after features of the Alchemix protocol has been layer 2 and multi-chain support. We’ve been developing our multi-chain rollout concurrently with the v2 launch. Phased rollout Initial multi-chain support consists of two phases: 1) token bridging; 2) app deployment. The first phase is to let people bridge…

Join the Alchemix movement as we strive to become a core infrastructure player in the evolving world of DeFi. — By opening up functionality of the Alchemix v2 contract, we’ll be attracting the growing interest from other protocols who wish to integrate our platform, adding capital efficiency to their treasuries and beyond. A new wave of innovation will emerge, fuelled by those wishing to build directly on top of the…

Imagine dApps built upon Alchemix with the ability to automatically delegate your credit to other on-chain destinations. — In v2, it is possible for integrated dApps to allow other accounts access to a user’s credit. This is primarily a developer feature which will allow other protocols and modules to hook into Alchemix user accounts. We are excited for what developers can come up with using this functionality. For…

Become the master of your own destiny. Use Alchemix to explore yield opportunities within DeFi, and get that yield upfront. Your only debt is time. — As the number of Alchemix yield options grows, so will the ability to to take advantage of future yield from multiple new sources. In v1, there are only 2 collateral tokens (DAI and ETH) with their respective singular strategies and respective synthetic tokens (alUSD and alETH). In v2, each collateral…