Alchemix Finance

Alchemix Finance is a future-yield-backed synthetic asset platform and community DAO. The platform gives you advances on your yield farming via a synthetic token that represents a fungible claim on any underlying collateral in the Alchemix protocol. The DAO will focus on funding projects that will help the Alchemix ecosystem grow, as well as the greater Ethereum community.


  • Vaults Vaults act as the hub to generating yield advances, and share many similarities to lending platforms such as MakerDAO and AAVE. The first collateral type that the protocol will accept is DAI.

  • Transmuter The Transmuter allows users to stake their synthetic assets and have them be converted into their base asset over time.

  • Token Distribution The Alchemix governance token (ALCX) will split among the developers, the DAO itself, and the community, with the vast majority going to the community.

  • Alchemix DAO The governance of Alchemix Finance will be managed by a DAO with a liquid governance token, ALCX.