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Easily convert ALCX to LUSD 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.
Liquity USD (LUSD) is a decentralized stablecoin designed to maintain a stable value pegged to the US Dollar. It operates on the Ethereum blockchain and enables users to access liquidity without selling their collateral assets, thanks to a unique borrowing system.