The Transmuter is Alchemix v3’s peg stability engine and a source of fixed yield for everyone. It converts discounted alAssets to their counterparts at a 1:1 ratio in a fixed time frame. The basic premise Within Alchemix, one alUSD is always worth one USDC, and one alETH is always worth one ETH, even when the market prices them lower.
Discovery
Learnings
- auto_storiesStories
- categoryAreas
- helpFAQ
- forumConversations
- descriptionPapers
- mailNewsletters
- video_libraryVideos
- timelineTimeline
Guidance
- codeTechnology of APIs
- business_centerBusiness of APIs
- campaignEvangelism of APIs
- gavelGovernance of APIs
- historyHistory of APIs
- account_balancePolitics of APIs
Toolbox
- domainProviders
- apiAPIs
- cloudSolutions
- buildTools
- verifiedStandards
- gavelRegulations
- horizontal_ruleHeaders
- layersOverlays
- extensionExtensions
- schemaSchema
- policyPolicies
- ruleRules