Alchemix - Page 2
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Defiant Degens: How to Farm 76% APR with alUSD on Alchemix
We will be hosting a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and the Chief DeFi Officer of Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol:…
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Yearn Raises Dai Vault Limit as Alchemix Deposits Surge
Deposits in Yearn Finance’s DAI vault are rising after synthetic assets protocol Alchemix started using Yearn for its backend last week. Alchemix deposits quintupled to almost $130M from less than $25M on Feb. 27, when the protocol launched. The surge pushed Yearn to raise its Dai vault limit to 300M from 100M. The move shows…