Donation Donation Form | The Giving Block

What is Alchemix (ALCX)?

Discover the key facts about Alchemix (ALCX).

About Alchemix

Alchemix is a DeFi application built on the Ethereum network that provides instant loans that can repay themselves over time.

How Does ALCX Work?

Using decentralizing smart contracts, Alchemix allows users to deposit DAI in order to mint a synthetic stablecoin called alUSD, which is then entered into a smart contract and used to earn yield over time. Alchemix offers a number of high yield strategies for the user to choose from. alUSD can be traded 1:1 for DAI or bought and sold on exchanges. Network participants that provide liquidity are rewarded with ALCX , Alchemix’s native governance token.

Note: The Giving Block does not currently support ALCX donations. See all cryptocurrencies supported by The Giving Block.

Use your crypto for good

Support your favorite cause with a tax-friendly crypto donation. 

If you’ve given cash to charity, you’ll love giving crypto. It’s not only more tax-efficient, it spreads crypto adoption and helps better the world. 

Thousands of charitable organizations use The Giving Block to accept donations of the cryptocurrencies, from BTC, ETH and USDC to APE, DOGE and SHIB. 

Discover the benefits of donating cryptocurrency.

Donation Donation Form | The Giving Block Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more
Donation Donation Form | The Giving Block Learn About Cryptocurrency New to cryptocurrency? Get immersed in all things crypto and crypto philanthropy. Learn about accepting crypto donations and crypto taxes. Read more
Donation Donation Form | The Giving Block How to Give Zakat with Crypto Donations To give Zakat using cryptocurrency, The Giving Block is your one-stop destination to find and support charitable organizations. Read more