UMEX UniMex

UniMex is a Uniswap based borrowing platform which facilitates the margin trading of native Uniswap assets. UniMex imposes a 0.8% levy on loans.

Governance over the protocol will be subject to a vote. There will be two ways to vote. Either by burning YIELDX token, or by staking UMEX in a specific governance contract.

YIELDX is the token central to the yield-farming.io decentralized application – a sister platform based on incentivising and rewarding the provision of liquidity for Uniswap pairs. Uniswap liquidity pairs listed in yield-farming.io including UMEX will receive the highest multipliers on the platform in order to further incentivise liquidity pool provision. And to attract attention and volume to UniMex.