Alchemix FinanceALCX
Overview
What is Alchemix Finance?
Alchemix is a non-custodial lending & asset management protocol built on Ethereum. Alchemix was founded by pseudonymous Scoopy Trooples, etc., and launched in 2021.
How does Alchemix Finance work?
Overcollateralized borrowers deposit funds into Alchemix and receive alUSD & a return on investment (supply-side fees).
Who governs Alchemix Finance?
ALCX tokenholders own and govern the protocol. They currently take a cut of the total return on investment (revenue). Alchemix’s investors include Alameda Research, CMS Holdings, Immutable Capital, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.