Verified OGs:
8
CryptoFam:
201
Projects:
24963
BTC:
$109491
0.43%
ETH:
$2666.89
2.90%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.47T
Fear&Greed:
66

Alchemix USD ALUSD Logo
Alchemix USD ALUSD
$0.995741 0.11%
OG Score 0
Reviews 0
Alchemix USD ALUSD Logo Alchemix USD ALUSD Price
$0.995741 0.11%
Low All Time High
$0.060239 $2.13
About Alchemix USD

Alchemix USD (ALUSD) offers advances on yield farming strategies through synthetic tokens and stablecoin. More

OG Score 0
Reviews 0
Market Cap $14.79M
Market Cap Rank # 1333
Token Stats
Fully Diluted Valuation $14.79M
24H Trading Volume $112,132
24H Low / High $0.99 / $ 1.00
Circulating Supply 14.85 M
Total Supply 14.85 M
Max Supply 0.00
Info
Categories Stablecoins 8 more
Founder Scoopy Trooples
Website alchemix.fi
Socials 2 more
Chains Ethereum Ecosystem 3 more
Explorer Arbiscan 5 more
Contracts Alchemix USD 0xbc6....660e9 3 more
ALUSD/USD Price Chart
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OG Evaluation

OG Score
OG Score Rank #NA
Reviews 0
Gem Score N/A
Innovation 0 .00
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 0 .00
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 0 .00
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 0 .00
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 0 .00
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 0 .00
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

OG Reviews

Markets

Name Pair OG Score

About Project

What is Alchemix USD (ALUSD)?

Alchemix Finance Introduces ALUSD: A Unique Approach to Stablecoins

 

Alchemix Finance has emerged as a pioneering force in the decentralized finance (DeFi) space, offering a groundbreaking approach to stablecoins through its ALUSD token. ALUSD stands out as a yield-backed synthetic stablecoin, powered by the Alchemix protocol.

 

Advance on Yield Farming Strategies

The Alchemix protocol operates as a future-yield-backed synthetic asset platform and community DAO (Decentralized Autonomous Organization). It provides users with advances on various yield farming strategies through a synthetic token. This token represents a fungible claim on the underlying collateral within the Alchemix protocol, which must be claimed by the depositor of the collateral.

 

Unique Lending Approach

One of the most innovative aspects of Alchemix is its approach to lending. Similar to a traditional bank, users deposit assets and earn interest on their deposits. However, Alchemix goes a step further by offering a credit card-like feature attached to the account. This feature allows users to spend up to 50% of the asset they have deposited without incurring interest or monthly payments.

 

Interest-Free, Non-Liquidating Loans

To access this feature, users sacrifice a small percentage of the asset's value upfront. The debt incurred is denominated in the deposited asset, eliminating the risk of liquidation. Instead, the interest earned on the initial deposit automatically pays off any debt accrued.

 

Available Synthetic Tokens

 

Currently, Alchemix offers two primary synthetic tokens: alUSD, which can be borrowed against select USD-pegged stablecoins, and alETH, which can be borrowed against ETH.

 

Community-Driven Growth

The Alchemix DAO plays a crucial role in the ecosystem, focusing on funding projects that contribute to the growth of Alchemix and the broader Ethereum community. This community-driven approach ensures that the platform evolves in a way that benefits its users and the decentralized finance ecosystem as a whole. Alchemix was founded by Scoopy Trooples in 2021.

 

In conclusion, Alchemix Finance and its ALUSD token represent a significant advancement in the DeFi space, offering users a novel approach to stablecoins and lending. As the platform continues to innovate and grow, it is poised to play a pivotal role in shaping the future of decentralized finance.

 

What is unique about Alchemix USD (ALUSD)?

Alchemix Finance offers a unique approach to stablecoins through its ALUSD token, providing advances on yield farming strategies with no interest or monthly payments required for borrowing.

Who are the founders of Alchemix USD (ALUSD)?

Alchemix was founded by Scoopy Trooples in 2021.

Where can I buy Alchemix USD (ALUSD)?

You can buy Alchemix USD (ALUSD) on Curve (Ethereum), SushiswapVelodrome Finance v2Velodrome FinanceRamses cryptocurrency exchanges.

What are Alchemix USD (ALUSD) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Alchemix USD ALUSD. To access these ratings, evaluations, and comments, click here.

How to mine Alchemix USD (ALUSD)? How can I stake Alchemix USD (ALUSD)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Alchemix USD (ALUSD)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Alchemix USD (ALUSD) is ($14,851,656), max supply of Alchemix USD  ALUSD is ($0) and the market cap of Alchemix USD  ALUSD is ($14,789,846)

What is the Alchemix USD (ALUSD) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Alchemix USD (ALUSD)?

The current market price of Alchemix USD (ALUSD) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Alchemix USD (ALUSD) a good investment?

It is important to do comprehensive research before deciding whether Alchemix USD (ALUSD) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Alchemix USD ALUSD) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Alchemix USD (ALUSD) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Alchemix USD (ALUSD) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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