Alchemix

ALCX is the native cryptocurrency of the Alchemix protocol, a DeFi platform that provides users with innovative lending solutions. Alchemix offers a unique ""self-repaying loan"" product that allows users to borrow funds against their deposited assets, with the borrowed amounts being repaid using future yield generated by the deposited assets. ALCX tokens play a vital role in the Alchemix ecosystem, serving as the governance token for the platform and allowing users to vote on proposals and decisions."