Alchemix v3 has launched
𝕏/@alchemixfi •
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Promote with Leviathan News90% LTV only works because v3 moved liquidations from price action to "MYT loses backing" — the DAO-curated Morpho vault now carries all solvency risk. alUSD's chronic sub-peg trading should compress once 3-month Transmuter redemption windows give arbs a deterministic exit at par, but the peg now rides on multisig strategy selection rather than user-chosen yield.
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