Alchemix (ALCX) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Alchemix Finance is a future-yield-backed synthetic asset platform and community decentralised autonomous organisation (DAO). The platform gives you advances on your yield farming via a synthetic token that represents a fungible claim on any underlying collateral in the Alchemix protocol. The DAO aims to help fund projects that will help the Alchemix ecosystem grow. ALCX is the governance token for the Alchemix DAO, and it can also be staked for rewards.
Crypto.com App users can now purchase ALCX at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.