Self-Repaying Loans are now Based. Alchemix is now live on Base. It's our fastest deployment yet, and the only chain where v3 runs unrestricted, with four-week Transmuter terms and no caps. Here's what Based Alchemix looks like...

Five years ago, Alchemix introduced the Self-Repaying Loan. No interest, repayment schedule, or liquidations to manage. In April we launched Alchemix v3, the most significant protocol upgrade we've shipped, and today the entire protocol is available on Base.

What can you do with Alchemix on Base? ✦ Earn - One deposit, a curated basket of yield strategies with no lock-ups. ✦ Borrow - Up to 90% of your deposit, interest-free, while your collateral keeps earning. ✦ Lock - Fixed yield with a rate locked in at deposit.

What makes Base special? This deployment of Alchemix v3 is entirely siloed. Fresh, isolated, with no legacy positions. Uncapped vaults. Uncapped Transmuters on four-week terms, and a Base-specific alUSDb. This is Alchemix v3 as it was designed.

Shorter redemption cycles mean alAsset discounts close quicker and the peg holds tighter. Tighter pegs mean efficient yield looping and alAsset opportunities. For Transmuter depositors, it means access to fixed yield without a long lock-up period.

Based Alchemix is built with partners native to Base. ✦ Yield: Our Base MYT allocates to strategies from @yearnfi, @gauntlet_xyz, and @Morpho vaults curated by @SteakhouseFi. ✦ Liquidity: USDC/alUSDb trades on @aeroxyz. Your deposits work across Base from day one.

Alchemix as designed, now live on Base. Explore Based Alchemix:

@base thank you for building on @base

@base FUCKING BASED

@base LFG!

@base 🔥🔥🔥

@base dope. congrats

@base four week terms go hard

@base Can our users borrow against their $MSTR ?

@base four week cycles make the yield loop so clean

@base Self-repaying loans expanding to Base is an interesting addition. Removing term limits and caps should give users considerably more flexibility.

@base Finally, a loan that cooks itself

@base Base always built everything

@base self repaying loans bring new flow, @umbrae_ignis keeps liquidity efficient through concentrated bins on Base

@base this is so based indeed

@base Based

@base four-week terms got my bag buzzing