Event record
Record sog_ev_alusd_2021_02_launch
Alchemix introduces alUSD and yield-backed borrowing
Alchemix introduced alUSD as synthetic debt minted against yield-bearing stablecoin collateral, with collateral yield reducing debt and protocol or market routes supporting repayment and exit.
- Date
- 2021-02-22
- Category
- Launch and introduction
- Subtype
- Launched
- Status effect
- Remained active
- Recovery
- Not applicableNot yet recorded
- Evidence
- 3 source records3 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2021-02-22 |
|---|---|
| Public event category | Launch and introduction |
| Canonical event subtype | Launched |
| Structured detail kind | Other |
| Stablecoin subjects | Alchemix USD |
| Organization subjects | Alchemix |
| Impact | High |
| Effect on stablecoin lifecycle | Remained active |
| Canonical status-effect value | Active |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | Not Applicable |
| Structured detail coverage | Description and source record only |
| Record confidence | High |
- Date
- 2021-02-22
- Public category
- Launch and introduction
- Canonical subtype
- Launched
- Structured detail kind
- Other
- Impact
- High
- Status effect
- Remained active
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- not_applicable
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Alchemix USD
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Alchemix
Open the organization record for roles, relationships, events, evidence, and unknowns.
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Introducing Alchemix Published 2021-02-22 | Alchemix Finance | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Launch and Design, Yield Backed Debt, Event Date | Archive index or wildcard | High |
| Alchemix protocol and alUSD current documentation Published Not yet recorded | Alchemix Documentation | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Current Protocol State, Issuance Mechanics, Governance | Archive index or wildcard | High |
| Alchemix Transmuter conversion mechanics Published Not yet recorded | Alchemix Documentation | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Redemption and Conversion, Burn Mechanics, Underlying Settlement | Archive index or wildcard | High |
Introducing Alchemix
- Publisher
- Alchemix Finance
- Published
- 2021-02-22
- Reliability
- High
- Relations
- 1
Alchemix protocol and alUSD current documentation
- Publisher
- Alchemix Documentation
- Published
- Not recorded
- Reliability
- High
- Relations
- 1
Alchemix Transmuter conversion mechanics
- Publisher
- Alchemix Documentation
- Published
- Not recorded
- Reliability
- High
- Relations
- 1
Maintenance