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Event record

Reviewed event

Alchemix introduces alUSD and yield-backed borrowing

Alchemix introduced alUSD as synthetic debt minted against yield-bearing stablecoin collateral, with collateral yield reducing debt and protocol or market routes supporting repayment and exit.

Date
2021-02-22
Affected records
2 linked records
1 stablecoin · 1 organization
Evidence
3 sources
3 evidence relations

Connected records

Affected records

Assets and organizations connected to this event.
StablecoinAlchemix USDOrganizationAlchemix

Sources

Evidence

Sources used for this record, with archival copies where available.
3 source identities · 3 evidence relations
SourcePublisher and dateRelevanceArchive
Introducing Alchemix
Source details
Source category
Official statement or announcement
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
High
Alchemix Finance
Published 2021-02-22		Launch and Design, Yield Backed Debt, Event DateArchive index or wildcard
Alchemix protocol and alUSD current documentation
Source details
Source category
Official documentation or product page
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
High
Alchemix Documentation
Published Not yet recorded		Current Protocol State, Issuance Mechanics, GovernanceArchive index or wildcard
Alchemix Transmuter conversion mechanics
Source details
Source category
Official documentation or product page
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
High
Alchemix Documentation
Published Not yet recorded		Redemption and Conversion, Burn Mechanics, Underlying SettlementArchive index or wildcard
Official statement or announcement

Introducing Alchemix

High
Publisher
Alchemix Finance
Published
2021-02-22
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Launch and Design, Yield Backed Debt, Event Date
Reliability
High
Official documentation or product page

Alchemix Transmuter conversion mechanics

High
Publisher
Alchemix Documentation
Published
Not yet recorded
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Redemption and Conversion, Burn Mechanics, Underlying Settlement
Reliability
High
Record details
Classification, review, and event-specific data
Record ID
sog_ev_alusd_2021_02_launch
Severity
High
Event type
Launched
Public category
Launch and introduction
Lifecycle effect
Remained active
Recovery or reversal
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
Not Applicable
Structured detail kind
Other
Record confidence
High
Evidence relations
3

Maintenance

Corrections and further reading

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