Alkemi

Alkemi Network operates as an institution-grade liquidity network, providing compliant decentralized finance (DeFi) solutions for both financial institutions and individual investors. The platform allows users to earn yields on their Ethereum-based digital assets through borrowing and lending activities. Alkemi Network distinguishes itself by offering both KYC (Know Your Customer) permissioned and permissionless liquidity pools, governed by a single network utility token. This dual-pool system ensures that users can choose between a fully compliant environment with advanced reporting and risk management features, or a more open, decentralized experience.

The platform supports a variety of ERC-20 compatible assets, including ETH, WBTC, USDC, and DAI. The 'Verified' pool requires KYC verification and offers a trusted counterparty environment, while the 'Open' pool provides a true DeFi experience without the need for KYC, albeit with advanced risk management features.

Alkemi Network operates on a decentralized autonomous organization (DAO) model, which means that governance decisions are made by the community through the ALK governance token. This ensures a democratic and transparent decision-making process.

The business primarily serves financial institutions looking for compliant DeFi solutions and individual investors seeking to maximize their digital asset yields. Alkemi Network generates revenue through transaction fees and interest rate spreads on its borrowing and lending activities.

Keywords: DeFi, liquidity network, Ethereum, KYC, permissioned pools, permissionless pools, ERC-20, DAO, ALK token, digital assets.