Final Call for alETH Distribution

By Alchemix
Jan 16, 2024, 9:38 AM
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CurveFinance is requesting final checks on their alETH distribution numbers.​ LPers in alETH / ETH are advised to verify their addresses and correct numbers for ETH before the hack, alETH before the hack, and ETH to recover.​ The proportion of funds eligible to claim will be based on the ETH to recover value divided by the total ETH to recover.​ CurveFinance should be contacted directly for any incorrect numbers and updates can be found on their Discord.​

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Read more about Alchemix

Alchemix Adds Automated LP Farming to MYT Vault Strategies

Alchemix has integrated Auto-powered automated liquidity provider (LP) yield farming into its Mix-Yield Token (MYT) vaults on Mainnet, expanding beyond traditional lending markets and liquid staking tokens. **Key Features:** - Captures optimized trading fees and incentives through automated LP farming - Minimizes impermanent loss risk - Provides diversified yield layer for Mainnet strategies - Complements existing integrations with Euler, Aave, Fluid, and Yearn **Governance:** - DAO controls strategy compositions, risk tiers, and caps - All changes are transparent and on-chain - Community-driven yield sourcing decisions Full strategy details, risk classifications, and vault caps are available in the [official documentation](https://docs.alchemix.fi/user/concepts/myt-and-yield#per-chain-variants).

Alchemix Restores ALCX/WETH Pool Rewards via Merkl

Alchemix Restores ALCX/WETH Pool Rewards via Merkl

Alchemix has reintroduced rewards for its ALCX/WETH liquidity pool on Balancer, offering a 10% APR. **Key Details:** - Direct incentives now run through [Merkl](https://merkl.xyz) following Balancer's discontinuation of the veBAL system - BAL emissions are no longer distributed to pools under the old model - Liquidity providers can deposit at [Balancer's V3 pool](https://balancer.fi/pools/ethereum/v3/0x1535d7ca00323aa32bd62aeddf7ca651e4b95966) This follows Alchemix's earlier migration from Balancer V2 to V3 pools in January 2026, when the protocol shifted incentives to a new Core Status pool structure.

Alchemix Extends Transmutation Times to Scale Liquidity 1.6x Faster

Alchemix Extends Transmutation Times to Scale Liquidity 1.6x Faster

Alchemix has temporarily extended transmutation times to **20 weeks for alETH** and **16 weeks for alUSD** as part of a strategic scaling initiative. **Key Changes:** - Transmuter caps raised to 115 alETH and 100k alUSD initially - Further cap increases every 2 days over the next two weeks - Extended durations enable 1.6x faster capacity scaling **The Strategy:** Longer transmutation periods allow the protocol to absorb more liquidity while maintaining competitive APRs. This increased liquidity enables more loans, which in turn opens up additional Transmuter capacity鈥攃reating a positive feedback loop. After this adjustment period, the team will re-evaluate caps and durations to ensure transmuting immediately remains more attractive than waiting. The v3 Transmuter converts discounted alAssets to their underlying assets at 1:1 ratio, providing fixed-rate yield opportunities while supporting peg stability. [Learn more about fixed yield](https://alchemix.fi/fixed-yield)

Alchemix v3 Transmuter Turns Discounted alAssets Into Fixed-Rate Yield

Alchemix v3 Transmuter Turns Discounted alAssets Into Fixed-Rate Yield

**The v3 Transmuter** is Alchemix's peg stability mechanism that converts discounted alAssets into their underlying assets at a 1:1 ratio. **How it works:** - When alAssets trade below peg, users can deposit them into the Transmuter - The protocol burns these alAssets and locks in today's discount - Users receive the underlying asset 1:1 at a predetermined maturity date - This creates a fixed-rate yield opportunity while supporting the peg Alchemix v3 launched with comprehensive audits from Spearbit, Cantina, Nethermind, yAudit, Immunefi, and independent researchers. The upgrade introduces 90% LTV vaults, new Mix-Yield Tokens, and the Fixed-Duration Transmuter. Liquidity providers benefit from tighter pegs, more reliable fees, and reduced volatility risk. [Read the full article](https://alchemixfi.medium.com/introducing-alchemix-v3-037a2ed26ab6)

Alchemix DAO Takes Control of Mix-Yield Token Strategy Management

Alchemix DAO Takes Control of Mix-Yield Token Strategy Management

**Alchemix DAO now manages Mix-Yield Token (MYT) strategies directly** The DAO controls: - Strategy composition and allocation - Risk caps across conservative, moderate, and aggressive tiers - Fee structures **Key features:** - All changes are transparent and recorded on-chain - Community governance shapes yield sourcing decisions - Automatic rebalancing across risk strategies - Built on Morpho V2's open source infrastructure When users deposit collateral into Alchemix, it mints MYT tokens. The DAO then allocates these funds across different risk strategies without requiring manual management. This decentralized approach gives the community direct control over how yield is generated while maintaining transparency through on-chain governance.

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