$ALCX

ALCX

9.27

-5.31%

🚀 Alchemix (ALCX): The DeFi Protocol That Pays Your Loan

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Did you know there is a DeFi protocol where your collateral works for you?

$ALCX is the governance token of Alchemix Finance, a pioneer in Self-Repaying Loans.

📌 How It Works:

You deposit a yield-generating asset (collateral).

You take a loan in a synthetic token (alUSD or alETH).

Your collateral is automatically placed to earn in protocols like Yearn.Finance.

The yield generated is used, over time, to pay your own loan.

It's liquidity today with the debt paid off by your future yield! One of the most ingenious innovations in DeFi. #ALCX #DeFi #Cryptocurrencies #YearnFinance