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Alchemix
@AlchemixFi
Self-Repaying Loans up to 90% LTV. Earn fixed yield with the Transmuter, or unlock risk-adjusted yield with MYT.
Joined August 2020
54 Following    71.3K Followers
Balancer DAO has approved an orderly winddown (BIP-928). If you provide liquidity in the ALCX/WETH pools on Balancer, here's what changes: Until October 30: nothing changes. The pools work as usual, and you can withdraw at any time. From October 30: the v3 80ALCX/20WETH pool moves to withdrawals only. Swaps stop, so it no longer earns trading fees. Withdrawals will be proportional, so you'll receive both ALCX and WETH. Your funds stay withdrawable after these dates, through the Balancer app or directly through the contracts. Alchemix recommends moving liquidity to our Curve ALCX/FRAXBP pool here: Drop into our Discord if you have any questions.
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