EP 51: Understanding $ALCX (Alchemix) | A Unique Stable Coin with Limitations?

Alchemix $ALCX is a no-loss, yield-generating stable coin
protocol with unique mechanisms that include real inflation in
the ecosystem. In this episode, we speak to the co-founder of
Alchemix, take a deep dive into how Alchemix functions, and the
financial incentives of being part of the Alchemix system. We
then discuss how it differs from other stable coins and what
limitations ALCX could have.





Timestamps:


0:00 – Introduction


1:10 – Background of Alchemix


3:04 – What is Alchemix?


4:56 – Stablecoin creation


8:26 – How is stability maintained


18:45 – Incentives and uses of ALCX Token


22:34 – Differences compared to other protocols


26:42 – Opinions and Limitations


31:45 – Ending





Follow us on Twitter and join our Discord to chat with us and the
ED community.