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About Alchemix
ALCX is the native governance and utility token for Alchemix, a decentralized finance (DeFi) protocol that enables the creation of yield-backed synthetic assets. As an ERC-20 token, ALCX allows holders to participate in the governance of the Alchemix DAO, voting on protocol upgrades and treasury management. Additionally, it serves as an incentive token, with emissions distributed to liquidity providers and stakers within the ecosystem.
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