Most people still holding $eth are likely ready to go down with the ship; at least I am.
Ethereum is a bastion of freedom and self-sovereignty in an increasingly controlled world.
No amount of number go down could get me to sell. Even with most of my net worth in eth, I would hold it to literal zero.
I would rather take a chance on eth and be wrong than give up hope on the most inspiring invention of my generation.
Come zero or valhalla, I'll be here.
Believe in somΞthing.
For the first time in Alchemix history, alAssets are becoming fully composable.
We're hyped to announce a partnership with @ChronicleLabs to launch dedicated oracles for each of our synthetic assets.
What does this mean for alAssets? 🧵
Introduce yourself with 10 bands you've seen live:
1. Weezer
2. Foo Fighters
3. Metric
4. Broken Social Scene
5. Citizen Cope
6. Iron and Wine
7. Presidents of the United States of America
8. The Pixies
9. Feist
10. The Pillows
Building on the best infrastructure.
We're excited to share that Alchemix v3's Mix-Yield Tokens (MYT) are built on an Alchemix custom implementation of the open-source @morpho Vaults V2 infrastructure.
Why did we choose Morpho? 🧵
Meet the v3 Transmuter, Alchemix v3's peg stability engine and a source of fixed yield for anyone.
It converts discounted alAssets to their counterparts at a 1:1 ratio in a fixed time frame.
Want to learn more? 🧵
This is the culmination of years of hard work and learnings from being in the DeFi trenches since February 2021.
I’m so incredibly proud of my team, and they all deserve a shout out!
@Ov3rKoalafied for coordinating our team and being involved in the v3 spec
@MajorScrubLord for doing the impossible and creating a gas efficient O(1) positional decay with lazy updating accounting system (the magic of v3)
@ButlerATTS, @t0rbik and for making a beautiful, intuitive, and performant UI
@metalbased_ for helping design the UI and for aesthetic and professional comms and marketing
domo and silur for their work on the MYT and other core v3 systems
@imimim1318378 for system modeling and monitoring, and the migration data
barree for consistently flawless DAO and treasury operations
klom for making a comprehensive v3 documentation site
@_Shameless_Plug for opsec, operations, and keeping our discord safe and lively
@0xOranges for spreading the word and securing future partnerships
@BlockEnthusiast for modeling and simulation
aphoticjezter for helping with solving the moon math
and Watleuk for being the best discord mod ever
I am proud of our work on v3, but as a founder, I am most proud of the team we have assembled. I wouldn’t trade any of them for the world.
The next era of Alchemy has arrived.
Alchemix v3 caps are raised, and Transmuters are open.
After years of building on what we learned from v2, today we open up 90% LTV vaults, new Mix-Yield Tokens, and the Fixed-Duration Transmuter.
The future we envisioned, starts here. 🧵
Big news.
Our @yAuditDAO audit is complete and we are ready to launch v3.
We're currently remobilizing migration and launch ops.
Update/timeline very soon ™️
its annoying that only people intimately familiar with smart contract development know the perils of it all. so many reply guys and armchair investors want you to ship right now, but with NK, AI, and a million other snakes in the grass in the most adversarial environment known to mankind, i will not be reckless. people’s lives are literally all at stake and if they put their trust in what my team and I deploy, I want to be able to sleep at night knowing we did everything we could to safeguard their funds and trust.
milady
Free alETH. 3 Envelopes. Denver, CO.
To celebrate the upcoming launch of Alchemix v3, we're hiding 3 physical envelopes around the city, each unlocking 1 alETH.
Not attending @EthereumDenver? One alETH also goes to a random person who interacts with this post.
Details 👇