Alchemix: Automated Crypto Finance with ALCX & ALUSD

Abreast of this, they could borrow cash around a great 2 hundred% collateralization proportion — or you to alUSD for every a couple of DAI transferred. This is basic routine for most DeFi lending platforms, but Alchemix’s model leverages give farming as a result of Yearn.Money vaults to spend down a user’s debts automatically. Users can select an extremely wide array of give agriculture procedures to help you pay back their loans.

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Alchemist Mode Recommendations

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