Technical Foundation
YEX ($YEX) leverages the innovative power of blockchain technology, specifically the ETH (Base network). ETH is chosen for its scalability, security, and efficient transaction processing capabilities, making it an ideal foundation for our ambitious project. Our technical foundation consists of several components, including:
ETH: YEX is built on the ETH blockchain, a decentralized, peer-to-peer digital currency, favored for its speed and affordability compared to other major networks. ETH Base allows for quick and low-cost transactions, making it highly suitable for applications in various industries.
Smart Contract: The YEX ecosystem operates on the basis of a carefully designed smart contract, written entirely by hand, which is embedded with AI development. This smart contract manages the intricacies of transaction processing, token creation, and the multi-faceted functionality inherent to our token. Smart contract designed with a focus on the highest level of security ensures reliable and secure transactions for our users. A completely unique L2 contract on the ETH Base network.
Tokenomics: YEX has a fixed total supply of 2,999,994 tokens. The token distribution is designed to support the project's long-term sustainability and growth. Details on our tokenomics can be found in the 'Tokenomics and Distribution' section of this document.
Interoperability: We understand the importance of interoperability in the modern crypto space. While YEX is based on the ETH blockchain, we plan to make our token easily accessible and usable across various platforms.
Future Developments: In addition to our existing technical foundation, we plan to introduce several new features to enhance our ecosystem. These include the development of blockchain-based games, the introduction of farming and staking options, and the creation of exclusive NFT collections.
Our technical foundation is continually evolving, and we are committed to leveraging the latest advancements in blockchain technology to deliver a robust, secure, and versatile ecosystem for our users.
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