Market cap
$595.02K
0.53 %
Volume (24h)
$652.21
0.53 %
Circulating supply
2,497,849 MIST
Total supply
2,548,055 MIST
Max. supply
2,497,849 MIST
Alchemist (MIST)
$ 0.22
0.53 %
Main info
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Comments
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Key data
updated $0Market cap$595.02K
Volume 24h$652.21
Circulating supply2.5M100% of max 2.5M
All-time high$225.39-100% from peak · 2021-04-26
Alchemist (ticker: MIST) is a decentralized cryptocurrency designed to support the Alchemix ecosystem, focusing on self-repaying loans and yield farming. It operates on the Ethereum blockchain, leveraging smart contracts for automation and security. MIST plays a key role in governance and incentivizing participation within the platform.
Frequently asked questions
What is Alchemist and how is it different?
Alchemist (MIST) is a governance token for the Alchemix ecosystem, enabling users to vote on protocol changes. Unlike traditional cryptocurrencies, it focuses on self-repaying loans and yield farming, offering unique financial tools.
How does Alchemist's technology work?
Alchemist operates on Ethereum, using smart contracts to automate processes like loan repayments and yield generation. Its decentralized nature ensures transparency and security for users.
How is MIST token emission structured?
MIST tokens are distributed through yield farming and governance rewards, incentivizing user participation. The emission rate is designed to balance supply with ecosystem growth.
How can I store and use MIST tokens?
MIST tokens can be stored in any Ethereum-compatible wallet like MetaMask. They are used for governance voting, staking, and accessing Alchemix's financial features.