Gate.io has added Alchemix(ALCX) margin trading (ALCX/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your ALCX to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow ALCX to short it or borrow USDT to long it. For holders, you can lend your ALCX to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.

Trade ALCX at https://www.gate.io/margin_trade/ALCX_USDT
Borrow ALCX at https://www.gate.io/margin/borrow/ALCX_USDT
Lend ALCX at https://www.gate.io/margin/lend/ALCX
Deposit ALCX at https://www.gate.io/myaccount/deposit/ALCX

About ALCX
Alchemix is a platform for the creation of yield-backed synthetic tokens that users can acquire for no cost in exchange for locking collateral in the Alchemix . It gives users the ability to get an advance on their future yield immediately. These Alchemical Synthetic Tokens are a powerful DeFi primitive and a new way to make derivatives based on yield instead of debt.

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Aug 26, 2021