What is YouDex?

Youdex
2 min readJul 1, 2022

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YouDEX is a next-generation decentralized exchange designed to create a mainstream mechanism in the gaming ecosystem. YouDEX, a decentralized DEX platform where the tokens of Play to Earn (P2E) projects will be listed for free with “U2 Token to hold”, will build an ecosystem to invest in gaming projects. U2 Token is the cryptocurrency of the YouDEX decentralized exchange.

As the video game ecosystem grows day by day, the intersection of blockchain technologies and cryptocurrencies with the gaming ecosystem becomes inevitable. Decentralized listing platforms and DEXs aim to bring a sustainable economic model to the video game ecosystem. In doing so, the game is building a win-win model for developers, creators, gamers and platforms. Working to be the first DEX to take advantage of the Solana blockchain, YouDEX aims to build high-throughput stake pools and metaverse content through Launchpads and marketplaces, as well as developing blockchain-based tools for creators and users.

What is U2 Token?

U2 Token is the gas-fee token of the YouDEX exchange. In other words, it is the token that measures the costs and transaction fees required to perform transactions in the blockchain. Transactions on the YouDEX exchange are carried out with the U2 Token.

Using the exchange feature of YouDEX, users can buy U2 for USDT (Tether), SOL (Solana) and USDC (USD Coin) tokens and stake U2 Tokens in 6–12 month periods. They earn income in return for the number and maturity of the tokens they stake.

Opening an account on the YouDEX exchange is required for U2 clearing, trading and SWAP transactions. Users can receive U2 and exchange tokens by sending USDT, USDCT, SOL coins over the Solana network with the account created.

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Youdex

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