Alchemix is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. It enables users to retrieve near instant tokenized value against temporary* deposits of stablecoins. A magic money potion if you will, however one that is crafted in Defi with perhaps a sprinkling of ancient wisdom(!). The protocol presents a powerful new DeFi primitive offering myriad applications for users and an exciting new tool for other developers.