Lake AlchemixalETH was launched by SaddleFinance and Curve announced a recommendation to remove the alUSD pool.

2021-6-16 18:28
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According to press reports, the alETH Pool of DeFi Alchemix (ALCX) loan agreement will be launched by start-up Saddle Finance. Alchemix originally planned to build Curve, a stable business organization with an alETH pool, but the Curve team reported that Alchemix's ETH revenue was Yearn's yvWETH machine gun pool. It's a conflict. Alchemix therefore decided to launch Saddle Financial, a compromise with Curve-type functionalities. Alchemix has warned users that the Saddle alETH pool has not started to have sufficient capacity and will provide equal water flow to prevent permanent deposits from settling on their own. Later, Curve, a stable trading process, began voting to remove Alchemix's alUSD pool from Curve and prevent the alUSD pool from continuing to receive CRV rewards. The idea is that alUSD will be repaid by the Yearn machine gun, with about 25% of the proceeds from the sale of the CRV, and the Alchemix loan will be repaid with interest on the CRV sold by the Yearn blower gun. The cycle is not good for CRV. The results of the vote are now pending.

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2021-6-16 18:22