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Alchemix Finance is a synthetic-asset protocol and community DAO designed around future yield. It allows users to receive advances tied to different yield farming strategies through a synthetic token. This token functions as a transferable entitlement to the collateral held in the Alchemix protocol, with the entitlement being created when that collateral is deposited by a user.
The DAO’s role is to bankroll initiatives that support the Alchemix ecosystem’s growth, along with the broader Ethereum community.
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