We are marking the imminent arrival of Alchemix v3 with a hunt for free alETH in Denver, CO. Three physical envelopes have been concealed across the city, and finding one entitles you to 1 alETH. Even if you are not at @EthereumDenver, you remain eligible for a reward. We are designating one alETH for a randomly selected person who engages with this update. See the details below 👇
Our highest priority is the security of everything we create. We had originally scheduled the v2 to v3 migration to start this week, but we have decided to change our timeline. This move will ensure the protocol is fully stable before we launch.
We are pleased to announce that the documentation for Alchemix v3 is officially available. By providing early access to these resources, we aim to give our developers and users a head start on mastering the fresh features and system mechanics well in advance of the actual deployment. Please see the information and links provided below. 👇
For those making their way to @EthereumDenver, the season for treasure hunting has officially arrived. Please keep a close watch for updates, as we plan to release the full details on the 11th. This is your opportunity to discover some complimentary alETH. We wish you a successful search 🔎
Keeping the platform secure is the primary focus for the team at Alchemix. We have expanded our list of completed v3 audits through a recent collaboration with security researcher and cryptographer @alpeh_v. This expert has finalized a thorough investigation of the v3 Transmuter, presenting detailed insights into the mechanics of synthetic debt registration and collateral reduction. Please see the link below for more information.
Alchemix continues to treat security as our foremost priority. In addition to our established v3 audits, cryptographer and security researcher @alpeh_v has concluded an extensive examination of the v3 Transmuter. This report provides granular details regarding synthetic debt registration as well as collateral reduction mechanics.
According to recent data from Polymarket, the likelihood of Alchemix v3 launching before GTA 6 is now absolute. The platform currently lists the chance of this outcome at exactly 100%.
We have officially entered the final week before the switch. Due to the approval of AIP 123, the system will proceed with the automatic migration of all v2 positions to v3 beginning on 06/02.
For a detailed explanation, please refer to the Medium article provided below.