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EP 51: Understanding $ALCX (Alchemix) | A Unique Stable Coin with Limitations?

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Manage episode 300152366 series 2971261
Content provided by Lisa JY Tan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lisa JY Tan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Alchemix $ALCX is a no-loss, yield-generating stable coin protocol with unique mechanisms that include real inflation in the ecosystem. In this episode, we speak to the co-founder of Alchemix, take a deep dive into how Alchemix functions, and the financial incentives of being part of the Alchemix system. We then discuss how it differs from other stable coins and what limitations ALCX could have.

Timestamps:

0:00 – Introduction

1:10 – Background of Alchemix

3:04 – What is Alchemix?

4:56 – Stablecoin creation

8:26 – How is stability maintained

18:45 – Incentives and uses of ALCX Token

22:34 – Differences compared to other protocols

26:42 – Opinions and Limitations

31:45 – Ending

Follow us on Twitter and join our Discord to chat with us and the ED community.

  continue reading

122 episodes

Artwork
iconShare
 
Manage episode 300152366 series 2971261
Content provided by Lisa JY Tan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lisa JY Tan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Alchemix $ALCX is a no-loss, yield-generating stable coin protocol with unique mechanisms that include real inflation in the ecosystem. In this episode, we speak to the co-founder of Alchemix, take a deep dive into how Alchemix functions, and the financial incentives of being part of the Alchemix system. We then discuss how it differs from other stable coins and what limitations ALCX could have.

Timestamps:

0:00 – Introduction

1:10 – Background of Alchemix

3:04 – What is Alchemix?

4:56 – Stablecoin creation

8:26 – How is stability maintained

18:45 – Incentives and uses of ALCX Token

22:34 – Differences compared to other protocols

26:42 – Opinions and Limitations

31:45 – Ending

Follow us on Twitter and join our Discord to chat with us and the ED community.

  continue reading

122 episodes

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