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Alchemix (ALCX)

https://alchemix.fi/
Alchemix is a decentralized finance (DeFi) platform built on the Ethereum blockchain that enables users to mint synthetic assets called alUSD. These stablecoins are backed by users' deposited collateral, allowing for self-repayment as collateral gains yield over time. Alchemix is popular for its innovative approach to yield farming and passive income generation in the DeFi space.

Trading Symbol
ALCX

Categories
DeFi Tokens

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