YDragon x Axial

YDragon joins forces with Avalanche-based decentralised exchange and liquidity provider, Axial protocol

Oliver M
ydragon_io
3 min readDec 14, 2021

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The team here at YDragon are excited to announce our latest partnership with Axial, an exciting project and spin-out of Snowball, our most recently announced partner. This collaboration with Axial is a big step for us, as they are our first Stableswap focused decentralised exchange partner within the Avalanche ecosystem, opening up a number of doors for exploration.

The Partnership in a Nutshell

Given their position as the first Avalanche based DEX, and the ‘go-to’ stablecoin DEX in the ecosystem, we’re incredibly excited to be able to potentially include the AXIAL token in the YDragon Avax index.

In addition to this, we are able to create multiple co-promotional opportunities, including cross-community AMAs and much more in the not-too-distant future.

On a final note, this pairing represents opportunities for further collaboration in the future in a number of ways. Nothing has been confirmed as yet but we are excited to see where this can lead, so keep an eye out for future announcements!

About Axial

Axial is a fully decentralised and self-contained DeFi protocol built on the Avalanche blockchain. It was launched as one of many projects originating from the Snowball DAO, and is the centrepiece for liquidity of value-pegged assets on the Avax ecosystem.

Providing liquidity on Axial comes with incredibly low risk of impermanent loss, and creates opportunities for investors to earn swap fees as well as AXIAL tokens as incentives for depositing.

Users can swap stablecoins and other value-pegged assets using Axial protocol. Swapping on Avalanche has never been cheaper, with Axial offering ultra low fees and negligible slippage on your trades.

Learn more about Axial through their links below

Website | Twitter | Telegram | Medium | Discord | Github

About YDragon

YDragon is a crypto index platform offering you a range of opportunities to own a diverse selection of the best performing and most promising cryptocurrencies with a single token. Armed with market-leading cross-chain capabilities and yield-generation opportunities, YDragon offers you a seamless, cross-chain, multi-asset experience.

Not only do investors gain diversified exposure to the best and brightest of what’s available on a selection of blockchains, they have the added luxury of benefiting from the most trusted and lucrative yield farming protocols around, ensuring optimum passive-income on your investment.

The YDragon protocol is actively working on expansion into multiple blockchains and ecosystems, to give our investors expertly selected exposure to as many diversified investment and passive income opportunities as possible.

Buy YDR here

Contract Address: 0x3757232b55e60da4a8793183ac030cfce4c3865d

If you’re curious about the listing and performance and would like to take a look at the charts, this should make life easier for you. You can find the BSC chart here and the ETH chart here.

Find out more about YDragon on our website.

Follow YDragon on Twitter, Facebook, Instagram, Reddit, Linkedin, Telegram, and Telegram Announcement.

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Oliver M
ydragon_io

Crypto writer, simplifying the blockchain space for the masses one word at a time.