If all goes to plan, the proposal sees an increase in Alchemix’s CRV and CVX revenue generated by its alAsset trading pools, currently projected around $300,000 a month. This revenue is what will partly fund the new buyback and bribe program. Previously, Alchemix sent half of its “harvest” to its treasury and staked half into Curve and Convex, but now those levels drop to a third.

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• Source: https://www.coindesk.com/business/2023/02/06/defi-lender-alchemix-approves-alcx-token-buyback-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines