2min chapter

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Alchemix - DeFi Loans That Repay Themselves with Scoopy Trooples

Modern Finance

CHAPTER

The Atherian Block Chain - What Is Cheese Fi?

The idea was that you would deposit dye, lock it up for between ten and a hundred days. The yield earned from idol would go then to buying the cheese tokens off of a uni swap e. We thought it was really cool, really powerful, and it has a lot of similarities with alchemics. But we also realize, in this model, it had a high chance of failing because there's the setes problem on the etheriam block....

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