Alchemix Overview - Part 1 of 2
LEvel 4 - Turbo Autist
Welcome Avatar! We’re going to cover a small cap with ~$200M in US Token capitalization. The website lists three simple reasons to use Alchemix: 1) Deposit DAI to mint alUSD, a synthetic stablecoin that tokenizes your future yield; 2) Yield earned by your collateral from yearn.finance vaults automagically repays your advance over time; 3) Transmute alUS…