Alchemix

Alchemix announces the retirement of rewards for the alUSD-3CRV Curve pool after more than three years. The current reward epoch will conclude on October 16th, 2024. Key points: - Rewards for alUSD-3CRV Curve pool ending - Last reward epoch ends October 16th, 2024 - Liquidity providers encouraged to explore alternatives Alchemix recommends that current liquidity providers in this pool investigate other incentivized opportunities. For more information on available options, visit: https://alchemix-stats.com/earn **Action item:** If you're currently providing liquidity in the alUSD-3CRV pool, consider exploring alternative incentivized opportunities before October 16th.

Alchemix has announced that the claim link for Arbitrum quest rewards is now available via Layer3. Claims officially open at 15:00 UTC. Key points: - Claim link: https://app.layer3.xyz/quests/alchemix-rewards-2 - Quest participation: - 3,028 alETH Quests completed - 3,001 alUSD Quests completed - 17,860 Streaks by 2,470 unique users Participants are encouraged to claim their rewards promptly. This follows the successful completion of the Alchemix Arbitrum quest on Layer3, which ended on September 25, 2024.

Alchemix announces a partnership with Hercules DEX to enhance liquidity in the Metis L2 ecosystem: - Hercules' Nitro Ignition Campaign will offer rewards for LPs of alAsset pairs - This initiative aims to create a baseline of liquidity for Alchemix on Metis - Hercules team to join Alchemix's Friday Fireside on September 27th at 12:00 PM UTC - Event will include more details about the campaign - Regular features like Music quiz and Art contest will also be part of the Fireside Join the Discord for more information and to participate in the event.

The Alchemix Grants Program has funded three projects: 1. User Documentation Overhaul: Improved clarity and consistency of docs. 2. AMO Harvesting Tool: Developed for harvesting rewards and allocating to positions. 3. Contract Parameters Dashboard: Shows on-chain parameters for Alchemix contracts across networks. The community can vote on AIP-112 "Alchemix Grants Continuation" to shape the program's future. Interested developers can apply for grants at alchemix.questbook.app.

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 DAO has officially closed a proposal to donate 15 ETH to a fund. The initial announcement was made prematurely before the proposal had concluded.

Alchemix has announced the adoption of the xERC20 standard for all alAssets, enabling cross-chain transfers of ERC-20 tokens without compromising security. Bridging functionality has been restored and made easier through a partnership with Connext. For now, users must bridge through the Connext UI directly, as part of Alchemix's ongoing multi-chain rollout. The update allows for Self-Repaying Loans with no liquidations across multiple chains, with more features planned in the future.

Alchemix has issued a warning about a scam site offering free $ALCX tokens with the intent of tricking users into signing malicious transactions. The team is working to remove the site and has advised users not to interact with it or the scam token called '! ALCX Reward Token'. Alchemix has also initiated efforts to get the token marked as a phishing token. Users with questions are advised to join the official Alchemix Discord channel.

Alchemix, a decentralized finance protocol, has announced plans to utilize a grant to boost yield for its Arbitrum vault depositors and liquidity providers on Ramses Exchange and Timeless Finance. The grant will be split equally between these two initiatives, with the Arbitrum boost season set to commence in May.

Community has announced that their grant application for Arbitrum has been approved. The grant will provide benefits to Arbitrum users and liquidity providers. Community expressed gratitude to those who voted in favor of the grant. The deployment on Arbitrum is scheduled for May.