Alchemix has voted to pause their Olympus Pro Bonds and sell their TOKE emissions to lower the amount of ALCX...The DAO feels that emitting token ALCX tokens for these now dilutes existing token holders for little...The proposal also mentions that this is the first of several proposals that will restructure ALCX emissions...
Closed Votes
Alchemix, in an effort to accrue addition Tokemak governance power, have voted to issue ALCX...bonds in exchange for TOKE, as well deciding to stake 22% of their treasury (69.420k ALCX) into the...ALCX Token Reactor....To increase rewards, ALCX is reducing emissions to ALCX/ETH SLP by 5% and CVX bonds by 2.5%.
The changes entail a departure from emitting ALCX via Sushiswap liquidity....Instead, Alchemix will issue ALCX through OlympusPro bonds (15%-30%), for Curve/Convex bribes, and to...incentivize liquidity on Tokemak’s ALCX reactor.
Closed Votes
Alchemix[22] voted to initialize a Tokemak reactor with 3m worth of ALCX tokens....This pool will be incentivized with 5% of weekly ALCX emissions taken from the ETH/ALCX Sushi pool....Alchemix[24] is shifting 50% of the weekly ALCX rewards from the original alETH/ETH pool on Saddle Finance...
V2 Vaults have brought in sizeable AUM, but ALCX farming catalyzed this TVL growth, as one can see below...So while, yes, there have been ALCX token incentives driving TVL upwards, this shouldn’t necessarily...
ALCX hodlers govern the Alchemix treasury....Close to 220M of capital is deployed across three ALCX farms: ALCX-WETH, ALCX, and alUSD. ...The ALCX-WETH and alUSD-3CRV farm will receive 45% of ALCX emission, while the ALCX and alUSD staking...As a disclosure, some team members hold and are farming ALCX.
Jason (00:09:24):
I mean, one thing that we’ve noticed a lot of users are doing is that, since the ALCX...I know we’ve already integrated ALCX tokens, or rather Rare Capital, shout out to Rare Capital....They’ve integrated ALCX in their pews pools. And that’s really awesome....Disclosure: Delphi Ventures is long ALCX tokens. ...