Introducing UrDEX - Unlock your Decentralized Exchange with revolutionary Risk Management solutions
Market opportunities and challenges
Over the past 10-month period, the total trading volume of decentralized derivatives exchanges (DEXs) witnessed a rise to $478B. According to the current market development trend, the market size of decentralized exchanges is expected to increase by more than 10 times within a year.
During the past few years, most trading products have been offered by popular centralized trading platforms such as Binance, BitMex, and Poloniex. However, after the collapse of FTX, users have been more concerned about securing their funds or other potential risks. “Not your key - not your coin”, more and more users are now moving to trade on DEXs as an alternative to CEXs.
Despite the increasingly widespread use and interest of the community, DEXs are facing some main problems regarding insufficient liquidity, high transaction costs, low product usability, and poor function richness.
A solution to the current problems of DEXs
Realizing the major challenges that most DEXs are facing, today we are proud to introduce UrDEX - a community-driven project that aims to solve the liquidity problem by enabling disparate forms of liquidity to connect with markets in a decentralized way. The project offers a comprehensive range of products and services, including a decentralized exchange, a Decentralized Perpetual Exchange, yield instruments, an AMM framework and staking, and a Launchpad.
UrDEX's unique approach intertwines many decentralized markets and instruments, creating a broader range of network effects. Here are some unique features of the platform:
Fully Decentralized and Non-Custodial
Real yield
Zero Price Impact Trades powered by Chainlink oracles
Programmatic Risk Management
Innovative liquidity solution
Fair Launch and DAO-Driven
Launchpad
Loyalty Rewards
Strategic partners Pool
Innovative Risk management solution for LPs
One of our priorities is risk management for LPs. Until now, UrDEX has developed the Risk Management & LP Seniority system to address common issues in zero-price impact perpetual. By introducing Pools with varying risk profiles, UrDEX Liquidity Providers can select the level of risk they are willing to take, isolating long-tail risk more effectively. The Pools range from the lowest-risk Guardian Pool to the highest-risk Divine Pool, each representing a pool of assets like BTC, ETH, BNB, and stablecoins.
With this innovative solution, UrDEX is empowering ULPs to manage their risk exposure more effectively while still providing attractive returns, allowing ULPs to choose their preferred risk level and APR.
The table below displays the percentage of profit or loss associated with each asset class for the three Pools. The Divine carries the highest risk in the event of unexpected market conditions or other incidents, which is why it is allocated the highest percentage of platform revenues and, consequently, has the highest APR. The Guardian, on the other hand, has the lowest risk and receives the smallest percentage of platform profits
URD tokenomics
Ticker: URD
Total supply: 100,000,000 URD
Initial Circulating Token: 1,883,333 URD
Market Cap: $282,500
Public Sale price: $0.15
URD is the utility token of the UrDEX platform, and it serves a variety of purposes. Its use cases include:
Staking: URD holders can stake their tokens in the UrDEX DAO governance system to earn rewards.
Protocol Fee: Users who use the UrDEX platform pay fees in URD tokens.
Governance: URD holders can participate in the UrDEX DAO governance system by proposing, voting on, and implementing changes to the protocol.
Launchpad: The UrDEX Launchpad allows users to stake URD to participate in token pools and earn URD.
UrDEX DAO Governance structure
With the aim of providing liquidity solutions for digital assets while fostering transparency and democracy, UrDEX has established a democratic and transparent governance structure, and the UrDEX DAO acts as the Asset Manager, which determines the platform's strategic matters.
URO is the governance token of UrDEX, and it plays a crucial role in the governance of the protocol. The following are the key aspects of the URO token:
URO holders are the de-facto stakeholders of the entire UrDEX ecosystem, including managing and having access to the DAO Treasury funds.
50% of all protocol revenues go to the DAO Treasury, continuously creating value for the DAO participants.
With the exception of 20% reserved for protocol development, 80% of the existing cash balance (BTC, ETH, USDT) within the Treasury is made available for redemption by URO holders.
The DAO proposal is in favor of implementing a redemption mechanism, allowing UrDEX stakeholders to claim Treasury assets such as BTC, ETH, and stablecoins.
URO holders can freely choose to surrender any and all portions of their URO tokens against their pro-rata ownership (the surrender value) of the Treasury’s cash balance excluding URD tokens.
Conclusion
UrDEX offers a highly effective risk management solution and an innovative liquidity solution for LPs. Its decentralized, non-custodial, and DAO-driven design ensures a fair and transparent trading experience, while its loyalty program and Strategic Partner pool provide additional incentives for users and liquidity providers.
Join UrDEX today and have a wonderful experience with your trading journey!
Follow UrDEX’s social media links to get our latest updates:
Website:
Documentation: https://docs.urdex.finance
Twitter: https://twitter.com/UrDEX_Finance
Telegram: https://t.me/urdexfinance
Discord: https://discord.gg/urdexfinance