Crypto BasicsWhat is Alchemix USD (alUSD)?Alchemix announced alUSD on 22 February 2021. You deposited Dai and could mint up to half of it as alUSD. The Dai was sent to earn yield that was supposed to pay the debt down. That is a design. alUSD is not a dollar.EasyCryptoGuides · 28 Feb 2021 · 1 min read
Crypto Basics