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Easily convert ALCX to NEAR 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.
NEAR Protocol is a decentralized application platform designed to facilitate the development and deployment of scalable and user-friendly applications. It utilizes a unique consensus mechanism called Nightshade that enhances throughput while minimizing latency, making it ideal for developers and users alike.