Unimex
Degen protocol

Tokenomics

Token Ticker - UMX
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10000000

Total Token Supply

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50% 5000000

Seed Offering + Initial Token Offering
0.0005 eth per token + 0.00065 eth per token

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20% 2000000

Initial Uniswap Listing
0.000675 eth per token.

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15% 1500000

Team and development(time-vested)

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10% 1000000

Marketing, exchange listings, partnerships.

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2.5% 250000

SWAP holders airdrop.

Tokenomics

Token Ticker - DGN
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1000000

Total Token Supply

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50% 500000

Seed Offering + Public Offering
0.003 eth per token + 0.0033 eth per token

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20% 200000

Initial PancakeSwap Listing
0.0036 eth per token.

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15% 150000

Trading and Referral rewards program

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10% 100000

YIELDX swap (5% released day 1, 5% on alpha release)

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5% 50000

UMX stakers airdrop.

Fees Distribution

The majority of fees will be distributed to lenders to reward them for providing liquidity to the protocol, and some fees will be distributed to UMX stakers and partner projects. More specifically:

0.25%

UMX stakers

0.05%

Team and liquidation reserve

0.05%

SWAP stakers

0.05%

DGN buybacks and burns

Fees Distribution

Degen protocol imposes a fixed fee of 0.25%. All other fees are customizable by the pool creator!

0.1%

UMX stakers

0.1%

DGN stakers

0.05%

Team and liquidation reserve

Roadmap

4th Quarter 2020

- Seed Offering + Initial Token Offering

- Initial Uniswap Listing

1st Quarter 2021

- UniMex Alpha Release

2nd Quarter 2021

- Introduction of Token Governance

- UniMex v2 release + Layer 2

Roadmap

1st Quarter 2021

- Seed Offering + Initial Token Offering

- Initial PancakeSwap Listing

1st-2nd Quarter 2021

- v1 Release

- Introduction of Token Governance

3rd-4th Quarter 2021

- Additional AMM integrations

- Synthetic Derivatives

Yes. UniMex imposes a 0.8% levy on loans.

All the updates are regulated by the governance using voting via UMX token.

The answer is no, similar to Uniswap, the only requirement is a web3 compatible wallet/browser, such as MetaMask or TrustWallet.

Yes. Degen protocol imposes a fixed 0.25% fee. All other fees and pool parameters are customizable by the pool creator!

All the updates are regulated by the governance using voting via DGN token.

The answer is no, Degen protocol is completely decentralized, the only requirement is a web3 compatible wallet/browser, such as MetaMask or TrustWallet.