Before we dive into the updates, it has been an eventful last 30 days for the unimex community, so here’s a quick rundown of what we have witnessed over this period:

Over 2x holders + stakers increase for $UMX

(3rd of February) https://twitter.com/UniMex_Network/status/1357002814506102784

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(4th of March)


Following our first 2 weeks of public release, we have finally pushed out all the necessary updates to finalise the completion of Unimex v1.1!

With that being said, our community can always look forward to more updates, as we hope to perfect unimex v1, before the release of v2 next month.

Below you will find the details for both our trading and lending competitions , which share a $100,000 prize pool!

The start time for this 14 day long event can be found here:
https://www.timeanddate.com/countdown/launch?iso=20210120T17&p0=2208&msg=Unimex+Trading+%2B+Lending+Competition+Start%21&ud=1&font=cursive&csz=1

Starts 20.1.21(17:00 UTC, 12:00 PM EST)
Ends 3.2.21(17:00 UTC, 12:00 PM EST)

Trading Competition

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  • https://unimex.trade/margin
  • Based on the effective amount borrowed, using higher leverage is in the trader’s favour for this competition. Volume is added to leaderboard upon each position closure.

Lending Competition


Today we issued the 1:1 UMEX to UMX token swap.
https://etherscan.io/token/0x10be9a8dae441d276a5027936c3aaded2d82bc15

To add UMX to wallet use: 0x10be9a8dae441d276a5027936c3aaded2d82bc15

1000 ETH was seeded as uniswap liquidity and has been locked for 101 years via unicrypt!

https://v2.unicrypt.network/pair/0x383d02acbb27b0066234cc1c9c459e0c54a41b24

Unimex v1 is now also publicly available on the eth mainnet!

Users can trade, lend and stake:
https://unimex.trade/margin
https://unimex.trade/pools
https://unimex.trade/staking

margin contract
https://etherscan.io/address/0xE3FEF783783f97c7647c1F108D1c561e5EC13f92
staking contract
https://etherscan.io/address/0x8dC85B6056b40c950e6119899Cac90BE9EEb4da7
factory contract
https://etherscan.io/address/0xc80b0efb594df8be90a643c7f7a462541cd7f6ee
token contract
https://etherscan.io/address/0x10Be9a8dAe441d276a5027936c3aADEd2d82bC15

Docs and on-site FAQ coming soon :)

Happy trading!

How to stake UMX

https://www.youtube.com/watch?v=abpXK6DqSDk&ab_channel=UniMexfinance

How to lend for the unimex protocol

https://www.youtube.com/watch?v=KJr8VkESf6w&ab_channel=UniMexfinance

Token Distribution

10M Total Supply

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  • 500K team and marketing reserve:
    0x405F5cF1dC8A665563c5615CF80bE44612981973
  • 500k surprise project acquisition, announced on the 9th of January.

Official website: https://unimex.network/

Telegram: https://t.me/UniMexNetwork
Telegram Ann Channel:
https://t.me/UniMexNetworkAnn
Discord:
https://discord.gg/Kj4P8Q8
Twitter:
https://twitter.com/UniMex_Network


UniMex on the Rinkeby Ethereum test network.

https://twitter.com/UniMex_Finance/status/1340325973947002882

https://twitter.com/UniMex_Finance/status/1340337173363523584

https://www.youtube.com/watch?v=Au0udX4byPQ&feature=youtu.be&ab_channel=UniMexfinance

What can our community look forward to for the rest of December?

  • Next video drop shows how easy it is to provide for the UniMex protocol along with some additional features!
  • Opening the mainnet beta for the top 100 holders between mid and end of next week.(Meaning somewhere between the 23rd and 27th)
  • UniMex public alpha launch, the mainnet beta should allow us to quickly identify and fix any issues, so we are very hopeful but not announcing a date for this just yet.

Transparency

As requested by our community for a quick reference:

  • 🔒Audit Report available here.🔒
  • Completed another single-event future payment for 1,500,000 UMEX for the 30th of…

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UniMex has decided to partner with UniDex in order to provide a seamless integration of leverage trading to the UniDex platform.

UniMex is a platform first of it’s kind, to allow leverage trading on UniSwap in a completely decentralized manner. In UniDex’s goal to create the ultimate DeFi hub and trading experience, the partnership was a no-brainer.

Users will be able to find this section in the UniDex closed beta when things are ready. …


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UniMex.finance is an innovative onchain margin-trading platform entirely contained within Uniswap.

Which means that shorts/longs are directly executed on Uniswap, rather than through an offchain approach e.g. through a 0x relayer. Margin traders are charged fees which are disbursed to lenders as a reward for supplying liquidity to lending pools.

The UMEX token

Total Token Supply 10,000,000
50% 5,000,000 Seed Offering + Initial Token Offering
20% 2,000,000 Initial Uniswap Listing(0.000675 Eth per token)
15% Team and development(time-released)
10% Marketing, exchange listings, partnerships
2.5% YIELDX stakers airdrop
2.5% SWAP holders airdrop

Utility

UMEXStaking | YIELDXStaking | SWAPStaking

Distribution of Trading Fees

UniMex imposes a 0.8% levy on loans.

0.4% of fees will be distributed…


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UniMex.finance is an innovative onchain margin-trading platform entirely contained within Uniswap.

Which means that shorts/longs are directly executed on Uniswap, rather than through an offchain approach e.g. through a 0x relayer. Margin traders are charged fees which are disbursed to lenders as a reward for supplying liquidity to lending pools.

UniMex

unimex.network — unimex is a uniswap based borrowing platform which facilitates the margin trading of native uniswap assets.

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