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Easily convert ALCX to LDO 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.
Lido DAO (LDO) is a governance token for the Lido decentralized autonomous organization, which provides a liquid staking solution for Ethereum and other proof-of-stake (PoS) networks. By allowing users to stake their assets while retaining liquidity, Lido enables users to earn staking rewards without locking up their assets indefinitely.