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RE: Alchemix Protocol - self repaying overcollateralized loans

in LeoFinance2 months ago

Sounds like an interesting concept. So you deposit a collateral that allows you to borrow 50% of the value (with DAI for example) and those 50% are then being paid off with yield farming that is done with your collateral? I'll take a closer look at that.


Exactly. Also, the yield is higher than what you get in yearn, because interest earned and not withdrawn is deposited to yearn too, boosting interest for every Alchemix user.