DeXe Network is a decentralized social trading and asset management platform operated by the DeXe DAO.
DEXE is the ERC-20 native utility token of the platform and is used for the following use cases:
Governance: DEXE token holders can vote on network governance decisions and must hold DEXE to participate in the DAO.
Rewards: traders receive commissions from strategy subscribers based on the success of their strategies. The DeXe smart contract receives 30% from this sum to automatically buy back tokens from the market, one-third of which are burned, one third are sent to an insurance pool, and one third are distributed to DEXE holders.
Insurance: users have the option to hedge against losses by staking DEXE tokens up to 10% of the value of their funds.
The platform consists of the following product components:
Wallet-to-Wallet Copy Trading: DeXe Network offers a flexible interface for users to copy the trades of any Ethereum wallet address they choose.
Social Trading Platform: subscribers can select traders based on a transparent set of performance indicators and pricing to allocate capital and have their trades managed by these traders.
Please click on the following links to learn more about the details of the token sales and distribution.
![logo](https://research.binance.com/static/images/projects/dexe-network/logo.png)
DeXe Network (DEXE)
A Decentralized Social Trading and Asset Management Platform.
Jan 21st, 2021