$UMEX @UniMex_Finance DEEPDIVE
Thread 1\\5
I'm excited to actually use this so I thought I'd put this together for those who also want to use it. #UNIMEX is a uniswap based borrowing platform allows you to margin trade $UNI assets
Thread 1\\5
I'm excited to actually use this so I thought I'd put this together for those who also want to use it. #UNIMEX is a uniswap based borrowing platform allows you to margin trade $UNI assets
$UMEX @UniMex_Finance
Margin trading - to begin margin trading you must stake $ETH denominated collateral in a central account. The margin trader will be able to borrow ERC20 Tokens & $ETH from relevant lending pools in order to open shorts\\ Longs

$UMEX @UniMex_Finance
Trading fee discounts
25% discount on fees if paid in $UMEX or $YIELDX
Governance - vote on new lending pools when you stake $UMEX $YIELDX
Yieldfarming - @TrustSwap
Will enable @UniMex_Finance to conduct decentralized lending

25% discount on fees if paid in $UMEX or $YIELDX


Will enable @UniMex_Finance to conduct decentralized lending
$UMEX @UniMex_Finance TOKENOMICS
This is already live and trading. Total supply is 10million. $UMEX charges 0.8% aggregate fees on loans (distribution displayed below)
This is already live and trading. Total supply is 10million. $UMEX charges 0.8% aggregate fees on loans (distribution displayed below)
$UMEX @UniMex_Finance
UI looks slick
CODE AUDITED MULTIPLE TIMES & CODE WILL BE OPEN SOURCED ON RELEASE IN JANUARY Fully decentralized. No centralized oracles. Genuinely think it's a big gem.
UI looks slick
