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Easily convert ALCX to CHEQ 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.
Cheqd (CHEQ) is a blockchain-based cryptocurrency designed to facilitate secure and decentralized identity solutions. It empowers individuals and organizations to manage and verify digital identities while maintaining control over their personal data, thereby enhancing privacy and trust in digital interactions.