Alchemix Finance is a future-yield-backed synthetic asset protocol and community DAO. The protocol gives you advances on various yield farming strategies via a synthetic token. The token represents a fungible claim on the underlying collateral in the Alchemix protocol, where the claim has to be made by a depositor of that collateral. The DAO will focus on funding projects that will help the Alchemix ecosystem grow, as well as the greater Ethereum community.