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🚀 How Alchemix Changed Everything — James Smith’s Journey to Ethereum James Smith, now the Head of Ecosystem at the Ethereum Foundation, credits the beginning of his DeFi journey to Alchemix ($ALCX ). He explained that Alchemix’s “self-paying loans” model was the first moment he truly understood the magic of DeFi. Depositing ETH, taking a loan without any liquidation risk, and watching the system repay the debt automatically was a revolutionary experience for him. This pulled him deeper into protocol governance, open finance, and Ethereum’s broader philosophy. Ultimately, this inspiration led him toward a leadership role within the Ethereum ecosystem. #ALCX
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