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An Interview With Alchemix Finance Founder Scoopy Trooples | Self Raying Loans in DeFi | ALCX

The blocmates Podcast

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The Self-Renewing ENS Feature in Alchemics

Self-repairing ENS is built on a feature of Alchemics that we call a delegated credit. You can give permissions to another account to, to mint from your CDP position. And then basically, um, once you've subscribed, the gelato keeper will read when your ENS is going to expire. Before it does, it will borrow some Al ETH from Alchemics, convert it to ETH and then pay for a one year subscription,. If you have enough ETH in the system or inAlchemics, then by the time it, it, uh, you know, expires, then you won't have any debt. It'll just automatically renew again and do this

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