Alchemix

📰 Alchemix Community Newsletter # 21, 'Updating…Do Not Reboot PC' is live!

Inside:

✦ 61,379 ALCX auto-compounded for gALCX holders
✦ Q4 '24 report & +200% TVL YoY
✦ V3 audits underway 👀
✦ Wormhole cross-bridge integration
✦ And much more...

👇 Link below

📢 Goodbye, Connext.

Connext is being sunset on June 13th.

Until end-June, Wormhole is the sole route for alAssets/ALCX (rate-limited). This means Linea & Metis will have no valid bridging paths for roughly two weeks, while all other paths will use Wormhole. Need to move funds? Bridge before June 13th or wait for our ~late-June @LayerZero_Core OFT rollout for faster, more secure, and higher volume bridging.

Note any Connext bridge transactions that are initiated before June 13th WILL be completed, they will not be stuck.

(AIP-20) to "Upgrade Bridge Messaging to LayerZero OFT Standard" is live for discussion on our Discord server. Links in bio.

Never miss a proposal again.

Alchemix Snapshot is now integrated into @LighthouseGov.

The Lighthouse app allows you to receive proposal notifications and even vote from your phone.

[AIP-119] Invest in Den Technologies is live for vote!

This proposal outlines an opportunity for Alchemix to invest in Den, a self-custodial, multi-signature wallet for on-chain organizations.

☑️ [AIP-119]
https://snapshot.box/#/s:alchemixstakers.eth/proposal/0x0d3367f4bdb6a95ba3b1204b555b5226f64337d12fa9035983c06d51829debf8

Introducing Alchemix's @Holyheld Top-Up Beta, our first foray into a Self-Repaying debit card entirely on-chain. 🧙‍♂️

Borrow against an existing Alchemix position or deposit and borrow to top-up your Holyheld card on OP, and spend while Alchemix pays off your debt!

Learn more ⬇️

Alchemix only supports whitelisted smart contracts and accounts.

Since Eth's Pectra upgrade, some standard wallets now register as smart accounts. If you're on a standard EOA, disable smart-account functionality in your wallet.

Head over to Discord if you need whitelisting.

Introducing our latest grant project, Alchemix Yieldmancing, your path to mastering on-chain yield. 🧙‍♂️

Designed for both newcomers and veteran yield chasers, yieldmancing helps to layer and optimize returns in the Alchemix ecosystem with self-contained strategies.

Learn more ⬇️

Stoked to announce @0xOranges has joined the Alchemix team as Biz Dev Lead, focusing on building relationships around v3.

Oranges brings solid experience from his time at Vanguard/Venus, where he played a key role in driving partnerships and BD initiatives.

Welcome, Oranges!

V3 core contracts audit comp with @cantinaxyz starting this week.

💰 $50,000 USDC
📅 May 1st – May 15th

Get ready.

Mainnet alAssets yields are looking very healthy 👀

@ConvexFinance:

✦ ALCX / FRAXBP — 92%
✦ alUSD / sDOLA — 36%
✦ alETH / pxETH — 32%
✦ alETH / WETH — 19%
✦ alUSD / FRAXBP — 11%
✦ alETH / frxETH — 12%

[AIP-118] - Adopt The SEAL Safe Harbor Agreement is live for vote!

This proposal outlines Alchemix Governance’s adoption of the SEAL Whitehat Safe Harbor Agreement to improve security of its on-chain assets during an active exploit.

☑️ [AIP-118]
https://snapshot.box/#/s:alchemixstakers.eth/proposal/0x4055cefa39513aeade01706c809bc56f5e62353149b634c1b44d945c7b7b8495

Markets looking like they've found a bottom?

In this thread, we'll walk through a few ways you can keep your capital moving — and explore how to grow your ETH position with low-risk stables.

As always, not financial advice. Let's dive in ⬇️🧵

Today is a huge day for Alchemix.

We're live on Pulsechain!

Pulsechain is the most secure and trustworthy chain, with a proven track record, some of the best yields and the most handsome founder.

How to get started ⬇️

1️⃣ Select Pulsechain in the network dropdown.
2️⃣ Get rich!

The Alchemix Q4 2024 Financial Report is now live! 💰

We closed the year strong with TVL, alETH price, and treasury balance all showing healthy growth.

A big thank you to our dedicated team for putting this report together.

TLDR ⬇️

The new Timeswap alUSD/alETH pool is now live on Optimism! 🔴

This iteration mirrors the original Arbitrum alETH/USDC pool, except with alUSD and features:

✦ 272% APR lending rewards
✦ Negative borrowing APR

Boosts are live for two months, so get that yield!

On the hunt for a self-repaying loan? 🧙‍♂️

✅ Borrow 50% against your deposit.
✅ Earn interest on your full stack.
✅ No liquidations risk.

Mainnet:
✦ Vesper vaUSDC - 8%

Arbitrum:
✦ Jones jUSDC - 9%

Optimism:
✦ Yearn yvUSDC - 6%
✦ Lido wstETH - 10%

Vibes are strong.

V3 officially started audits today.
Prep for liftoff.

"The loans repay themselves?!"