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ALCX
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What is ALCX? Where can I buy and sell ALCX?
ALCX is the native governance and incentive token of Alchemix, a decentralized finance (DeFi) protocol. Alchemix is known for its innovative “self-repaying loan” model, in which users deposit collateral, and the protocol automatically repays loans using the yield generated from that collateral, thereby avoiding the liquidation risks common in traditional DeFi lending. ALCX token holders can participate in protocol governance by staking their tokens, voting on risk parameters, fee structures, and yield strategies, and potentially earning rewards. ALCX is tradable on multiple major cryptocurrency exchanges.
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What is ALCX? Where can I buy and sell ALCX?
ALCX is the native governance and incentive token of Alchemix, a decentralized finance (DeFi) protocol. Alchemix is known for its innovative “self-repaying loan” model, in which users deposit collateral, and the protocol automatically repays loans using the yield generated from that collateral, thereby avoiding the liquidation risks common in traditional DeFi lending. ALCX token holders can participate in protocol governance by staking their tokens, voting on risk parameters, fee structures, and yield strategies, and potentially earning rewards. ALCX is tradable on multiple major cryptocurrency exchanges.
ALCX
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