Alchemix: Automatic Crypto Financing with ALCX & ALUSD
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Through to doing this, they’re able to borrow funds to a mr. bet great 2 hundred% collateralization ratio — otherwise one alUSD for every a couple of DAI deposited. This can be simple practice for many DeFi credit platforms, but Alchemix’s design utilizes produce farming thanks to Yearn.Money vaults to pay down a user’s debts automatically. Profiles are able to choose from an increasingly wide selection of produce farming actions to pay back their personal debt.
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Alchemist Form Recommendations
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