Long time Eth holder first time DeFi question

kscoleman

This is my first time using DeFi and I deposited some Dai last Friday and borrowed 50%. After a few hours I noticed the returns starting to come in showing what I could withdraw. I assumed it would keep going up the longer I let it set in there. But after the initial amount going up on Friday it has not went up anymore at all. Did I screw something up or do I not understand something? I put my borrowed Dai in to the alusd pool to earn there.

Thanks,

mario1986

Hi there and welcome to alchemix! Your principle is generating yield through yearn and the yield is collected with every harvest, usually once per day (https://velocity-app.flipsidecrypto.com/dashboard/alchemix-harvests-Mza34X).

As per the alusd pool it will be discontinued, I suggest to follow up updates in medium or discord. You can deposit it in the crv pool (check farms in alchemix dapp) or swap it for dai in curve and add it to the principle (or anything else for that matter)

kscoleman

mario1986

Thanks for the update and for the link. That matches with my updates to my Vault. Will do on watching for the end of the alusd pool.

Thanks,