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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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How to Use Alchemics to Win

The alchemics website has one of the best explainer kind of promo videos that I've seen in this space. It's something you'd expect to see in the middle of like watching a, I don't know, HBO series or something like that and it pops up halfway. If you're on the advert, it's fast enough. And then once you deposit, you can then borrow LUSD or LED, depending on what you deposited. The protocol will self-repate your loan over time automatically. You can repay your debt either in the synthetic asset or the collateral asset itself.

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