Alchemix Partners with Aura for ALCX-WETH Liquidity
Alchemix Partners with Aura for ALCX-WETH Liquidity
đź”® Alchemix's liquidity magic
Alchemix has announced a strategic partnership with Aura to manage its ALCX-WETH liquidity. This collaboration leverages Aura's 80/20 pool design, core pool status, protocol-owned liquidity, and vlAURA to offer sustainable incentives to liquidity providers. The partnership aims to optimize yield farming strategies and enhance the efficiency of Alchemix's synthetic asset protocol. This move is expected to provide users with improved opportunities for earning yields on their idle assets through the 20WETH-80ALCX pool.
“Alchemix utilizes Aura for its ALCX-WETH liquidity. Combining the 80/20 pool design, status as a core pool, protocol-owned liquidity and vlAURA, they can offer sustainable incentives to LPs.” Alchemix 🤝 Aura
DeFi is Dead. Long live DeFi. Although it’s no longer the hyped crypto narrative, DeFi protocols are still shipping and becoming increasingly resilient and sustainable. @AlchemixFi, the pioneers of self-repaying loans, have been building through the DeFi bear market. ALCX
🏆 SEAL Org Adopter Award Victory
**Community-driven win for Safe Harbor adoption** We secured the @_SEAL_Org Adopter award thanks to strong community engagement and support. **Key highlights:** - Award recognizes Safe Harbor adoption efforts - Community participation was crucial for the victory - Organizations can still adopt Safe Harbor protocols **What's next:** If your organization hasn't explored Safe Harbor yet, now's the time to check out their offerings. *Thanks to everyone who engaged and made this win possible.*
🔍 Immunefi Audit Competition
**Immunefi audit competition launches October 14th** at 14:00 UTC with **$100,000 in rewards** up for grabs. The two-week security audit will focus on the v3 system, offering substantial bounties for vulnerability discoveries. - **Start date**: October 14th, 2:00 PM UTC - **Prize pool**: $100,000 total rewards - **Duration**: Two weeks - **Focus**: System-wide v3 audit A code walkthrough session is planned to help participants understand the codebase before the competition begins. Security researchers and auditors can participate in this bug bounty program to help strengthen the platform's security infrastructure.
Immunefi V3 Audit Scheduled
**Final system-wide audit confirmed** for Immunefi's V3 platform. - **Start date**: October 6th - **Duration**: Two weeks - **Scope**: Complete system review This marks the final security assessment before V3 launch, following initial audits that began in February.
Euler V3 Enters Audit Phase
Euler's V3 protocol has officially entered the audit phase, marking a significant milestone in its development roadmap. Three respected firms will conduct comprehensive security reviews: - ChainSecurity - SpearbitDAO - OpenZeppelin This follows the successful completion of multiple audits for Euler v2 in April 2024. The audit phase represents one of the final steps before the V3 deployment. *Security remains a top priority* as Euler continues building robust DeFi infrastructure.
Alchemix Reports 112% Growth on Arbitrum in Q3 2024
Alchemix has released its Q3 2024 Financial Report covering July through October. The protocol showed significant growth across multiple chains: - Improved pricing for alETH and alUSD tokens - 112% expansion on Arbitrum network - 20% growth on Optimism chain The report demonstrates continued expansion of the self-repaying loan protocol across Layer 2 networks. Full details available in the comprehensive report and summary on Medium.