Alchemix: 84% |
Review Date: March 30, 2022
Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances on your yield farming via a synthetic token that represents a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects that will help the Alchemix ecosystem grow, as well as the greater Ethereum community. The only collateral currently available on the platform is DAI but other stablecoins should be available to deposit in the near future.
Alchemix is a new protocol allowing a vast range of new use cases. Showing promising opportunities it has already been adopted by DeFi
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