Alchemix

Alchemix is a cryptocurrency optimised for DeFi yield farming. It is a platform that provides users with access to financial services such as loans, deposit accounts and leverage trading. Alchemix was launched in 2020 and has quickly become one of the most popular optimised cryptocurrencies for DeFi yield farming.

Alchemix has a unique structure that allows users to generate yield from the staking of the native ALMX token. This is done through the Alchemix Vault, which is a smart contract deployed on the Ethereum network. This allows users to earn yield from their staked tokens while also benefiting from the security of the Ethereum blockchain. The platform also provides users with access to a variety of financial services, such as loans, deposit accounts and leverage trading. Alchemix is an innovative platform that has been designed to provide users with easy access to financial services and yield farming.