Decentralized Finance lending protocol Alchemix announced on the X platform that its Mainnet AMO has been re-established, which provides alAsset liquidity, supports alETH and generates revenue for the DAO. alETH lending is now activated, users can access and redeem new loans, and the next step will be to fully re-support alETH in accordance with AIP-101.

Decentralized Finance lending protocol Alchemix has announced that its Mainnet AMO has been re-established, which provides alAsset Liquidity, supports alETH and generates revenue for the DAO. alETH lending is now activated, users can access and exchange new loans, and the next step is to fully re-support alETH in accordance with AIP-101.

Odaily Planet Daily News The Origin community launched a proposal to "deploy OETH's ETH to Liquid Staking Tokens (LST)". This redistribution method will allow the protocol to start earning higher from native staking rewards instead of OGV incentives. Proportional benefits. According to the proposal, 76.73% of OETH TVL is currently stored on Curve AMO. If the proposal is approved in the future, strategists will likely deploy most or all of the ETH into sfrxETH to maximize returns. ETH holdings in the vault will be gradually reduced to 25% or less of total TVL over 4 weeks.

PANews reported on September 20 that the Origin community launched a proposal to “deploy ETH into liquid staking tokens.” This reallocation will allow the protocol to start receiving a higher proportion of revenue from local staking rewards instead of OGV incentives. The proposal states that as of today, 76.73% of OETH’s TVL is stored on Curve AMO. If the proposal is approved in the future, strategists will likely deploy most or all of their ETH into sfrxETH to maximize returns. ETH holdings in the vault will be gradually reduced to 25% or less of total TVL over 4 weeks.