alUSD farm

Woobatron

Hello,
Last week I finally converted some ETH and deposited some DAI into Alchemix. First I tried converting alUSD directly for ALCX on sushiswap but I guess that doesn't work, but it will still let you try and charge transaction fees. Could someone please confirm the only way to trade for ALCX is by trading ETH? (or staking/collecting rewards).

After that I staked my alUSD in the farm. When I logged in today I see the alUSD farm is retired. Is there any calendar or post that talks about when farms will be retired? I wouldn't have staked knowing it was going to be retired the week after. Now I get pegged with extra transaction fees to withdraw, exchange, re-stake. Granted I didn't start with that much, and I understood the risks, but it's starting to feel pretty pointless when there's >150 USD equivalent of transaction fees.

Is there no staking options for alUSD now? The only thing I can do is exchange?

Thanks!

n4n0

You can swap almost anything for ALCX using tools like Zapper or Paraswap. Although the countertoken has to be on the Ethereum blockchain. I'm not aware of cross-chain-swap tools that offer swapping ALCX. And you can also earn ALCX by providing liquidity to the Sushiswap pool, receiving SLP and staking those in the Alchemix SLP farm.

With regards to the alUSD pool, that was really bad timing on your end. The decision to cut it off was made in late May by the community. See the snapshot vote at https://snapshot.org/#/alchemixstakers.eth/proposal/QmZdh2qPzXdV7HKya4EoUNtbJnGturvUkbw1ytskez1r46 for more details.

There are many pools on other protocols that allow for alUSD staking nowadays which offer either better yield or other rewards additionally to your staking APY, so it's a better assumption to put the alUSD in those pools:

Frax' Saddle D4 pool: https://app.frax.finance/staking#Saddle_alUSD_FEI_FRAX_LUSD
mStable alUSD pool: https://mstable.app/#/musd/pools/0x4eaa01974b6594c0ee62ffd7fee56cf11e6af936
Ruler Orderbooks: https://coverrules.com/?application=ruler&protocol=ibBTC&quote=0xbc6da0fe9ad5f3b0d58160288917aa56653660e9&token=0x5922a5f93d55aA25b162d407b938be9BEacB7585

Woobatron

Thanks for the links n4n0!