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Easily convert ALCX to CELR with ConvertOnline's efficient tool.
Alchemix (ALCX) is a decentralized finance (DeFi) protocol that allows users to create self-repaying loans using their crypto assets as collateral. By leveraging future yield from deposited assets, Alchemix enables users to access liquidity without the need for traditional repayment methods.
Celer Network (CELR) is a layer-2 scaling platform that aims to enhance the performance and usability of decentralized applications (dApps) by providing fast, secure, and low-cost transactions. It utilizes a unique technology called state channels, which allows off-chain transactions to be executed instantly while ensuring the security and integrity of the underlying blockchain.