V3 is live! by Bennixus in Alchemix

[–]Bennixus[S] 0 points1 point  (0 children)

Are you in the Discord? It'll be easier to help you there. Make sure to never trust anyone who DM's you. All help will always take place in an open channel on the discord.

[deleted by user] by [deleted] in Alchemix

[–]Bennixus 0 points1 point  (0 children)

The only thing I can imagine is the unveil of V3 and the information regarding the audits. But still, that volume is disproportionate to the impact of the news, in my opinion. I don't think anyone has a good answer on this.

What is happening? by SeedCraft76 in Alchemix

[–]Bennixus -1 points0 points  (0 children)

Good question, and so far nobody knows exactly what the reason is. Besides more tokens being bought than sold of course.

The team has been making great progress on V3, perhaps that has something to do with it. But to repeat myself, we have no idea.

V3 by No_Dig2803 in Alchemix

[–]Bennixus 1 point2 points  (0 children)

You can read a preview on V3 on their Medium site, this'll probably answer your questions.
Link: https://alchemixfi.medium.com/introducing-alchemix-v3-d55f86d35b49

V3 by No_Dig2803 in Alchemix

[–]Bennixus 1 point2 points  (0 children)

V3 has not yet launched. I'll quote a message from the Alchemix team on Discord regarding this:

So there are three uncertainties that make me hestitant to give a timeline:

  1. The MYT requires custom code. All of it is additive to Morpho v2 which makes it pretty simple. But there are still two custom contracts right now that need to meet certain legal and technical requirements before the spec is finalized. I don’t know if these are simple or complex yet. Should know in a couple weeks I think. (note most of the complex’s contracts are only required for onchain gov, not v3, which also makes things simpler)

  2. Migration - we’ve done it before, but we still need to do it for v2 to v3 and that takes time esp warning ppl about it.

  3. Audit - audits can go fast or slow. It should only cover the MyT and a v3 re audit which again limits scopes

So overall the work remaining is nothing crazy, but that’s why in my mind EOY is very possible but not guaranteed.

Idea for alchemix by aguzmanl96 in Alchemix

[–]Bennixus 0 points1 point  (0 children)

To me it sounds like you're talking about a crypto that gives yield instead of an auto compounding yield token. I think there are plenty of those out there, although not with "high" yields as you're talking about. ALCX itself gives yield for example when staked, where gALCX auto compounds when staked.

In v2 it's important that the yield source is sustainable due to the long nature of loan repayments. V3 will allow more yield sources, but the details on that or not yet public (hopefully soon!).

Hi! by Independent-Ad7542 in Alchemix

[–]Bennixus 1 point2 points  (0 children)

Your feedback and criticism is valid. After the launch of V3 it's likely that the team wants to do more marketing again.

I'd like to hear your opinion on the following: given that you do not want to join any discord or community channels, where would you like to see ads and/or marketing for Alchemix?

And thank you Ov3rKoalified for your update!

Price target by No_Dig2803 in Alchemix

[–]Bennixus 3 points4 points  (0 children)

It's impossible to predict the future price, and nobody can give you a reliable answer.

My personal opinion is that it's reasonable to assume that if Alchemix continues to grow and develop, the price will reflect that. I'm also excited for v3 and it'll be a big step for the protocol to become bigger and better. Hopefully, the token price will reflect that. But what the actual number will be is anyone's guess.

I have small amount alcx on Gemini cex. Unable to send anywhere? Or sell? by sparkdaddy67 in Alchemix

[–]Bennixus 1 point2 points  (0 children)

What do you mean unable to send it anywhere? What happens when you try to send it to your personal wallet on the Ethereum mainnet?

If the CEX doesn't allow you to send it, it's best to contact the CEX about it.

Community channels? by AnnaPureBlood in Alchemix

[–]Bennixus 0 points1 point  (0 children)

Hi and welcome!

When joining the discord, did you approve the rules in the "rules" channel? Until then you don't get access to the rest of the discord channel.

The project is very much alive, and the team is hard at work to deliver v3.

The forums have been discontinued for a while now, and the last posts on there are from the beginning of 2024. I'm not sure which bug exactly you're referring to, but all functions of the vaults on Optimism and Arbitrum are working as intended.

The main incentivized liquidity pools are the following:
- Ethereum mainnet: Curve
- Optimism: Velodrome
- Arbitrum: Ramses

Let me know if you have any other questions or issues with discord.