Alchemix Transmuter fixed yield on mainnet: ETH at 13% APR
Alchemix's fixed-rate Transmuter yield on mainnet now pays 13% APR on ETH, with users able to lock in via the fixed-yield page (alchemix.fi/fixed-yield). The rate follows the protocol's earlier reduction of Transmuter term lengths, which lets holders lock alAssets at the current fixed rate and receive 1:1 underlying at maturity.
- Headline mainnet rate is now ETH at 13% APR, up from the previous 6.2% APR reading.
- The fixed-yield mechanism remains the same: deposit alAssets below peg and redeem 1:1 after the term.
Sources
- Fixed-rate Transmuter yield on mainnet: ✦ ETH: 13% APR Lock in: https://t.co/P66JLjJhqz https://t.co/5VwOHvefKhx.com ↗
- We just reduced Transmuter term lengths. Our current fixed-rate yields on mainnet: ✦ USDC: 13.6% APR ✦ ETH: 6.2% APR Lock in fixed yield: https://t.co/P66JLjJhqz https://t.co/rSslET2s9ox.com ↗
