Alchemix has put its paperwork on the table. The DeFi protocol known for self-repaying loans filed a B2 Token Transparency Filing with Blockworks, laying out how it is governed, how its token works, and how the business is performing. The filing landed on October 8, 2026, and completion was announced on October 14. It spans the protocol’s operating framework, governance setup, tokenomics and financial results. Alchemix offers loans that pay themselves off using the yield generated by the borrower’s collateral. Borrowers face no interest and no liquidations. Version 3 folds saving and borrowing into vaults powered by Mix-Yield Tokens, or MYT. Users can borrow up to 90% of their collateral’s value. Their deposits keep earning yield the whole time. V3 also brings diversified yield strategies and a fixed-duration redemption feature called the Transmuter. The migration wrapped up in April 2026 across three chains. Governance without a foundation The protocol has no foundation and no traditional corporate entity running the show. The Alchemix DAO operates through a multisig, a wallet that requires several signers to approve actions rather than one person with a password. The DAO issued t...
Alchemix files B2 token transparency filing, details v3 features
2 weeks ago
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