DAOs have long been a familiar concept to the cryptocurrency community, not only because of the advantages they offer but also due to their operational transparency. To address the persistent challenges of DAOs, DeXe Network was established.
What is DeXe Network?
DeXe Network is a decentralized social trading platform designed to provide users with an effective asset portfolio management environment. Additionally, DeXe Network enables users to trade assets on DEXs in a simple yet efficient manner while ensuring security and transparency.
Moreover, DeXe Network offers features such as copying trading methods from one wallet to another while maintaining the necessary privacy and security to protect users' assets. It also provides various benefits to both regular users and investors.
Token Holder Incentive: One of DeXe Network’s features is its ability to automatically buy back and distribute tokens across insurance vaults as well as reward farming for token holders.
Grant of Fund: DEXE tokens can also be used to contribute,
enhance, and develop the ecosystem of the community.
Key Components of DeXe Network:
Core Contract
The core contract plays a vital role in the network’s operations, with the Contracts Registry acting as a hub that monitors all essential contracts. This ensures the system can be easily upgraded and allows for quick integration of necessary tools.
Core Properties are responsible for storing the elements the system must comply with during operation. When a new DAO is created, it uses these values to ensure consistency and reliability throughout the DEXE ecosystem.
Factory Contract
First, the Pool Registry maintains a complete list of all pools created by users and allows them to be upgraded in a single transaction using the Beacon Proxy pattern. Meanwhile, the Pool Factory enables anyone to create a pool. When a pool is created using this contract, it is automatically added to the registry, making the process easy for anyone to create and manage a pool within the system.
Governance Contract
Each DAO created within the DeXe Network contains Governance Contracts, which perform the following distinct functions:
In a DAO’s pool, users can delegate their voting assets to others. Additionally, users can achieve "expert status" by owning an ERC-721 Expert NFT.
Users can gain additional voting power by owning ERC-721 Multiplier NFTs, which act as coupons and expire after a certain period.
The Vote Power Contract allows users to transfer their votes, meaning it adjusts users' voting rights based on their expert status or the amount of treasury assets delegated to them.
Token Information: DeXe Network Token
Token Name: DEXE
Blockchain: Ethereum, BNB Smart Chain
Token Standards: ERC-20, BEP-20
Contracts:
Ethereum: 0xde4ee8057785a7e8e800db58f9784845a5c2cbd6
BNB Smart Chain: 0x6E88056E8376Ae7709496Ba64d37fa2f8015ce3e
Use Cases: Utility, Governance
Total Supply: 96,504,599 DEXE
Circulating Supply: 57,103,740 DEXE
DEXE was listed on Binance Futures on December 24, 2024, with leverage up to 75x.
DEXE Token Allocation
Team: 20%
Marketing: 5%
Staking: 10%
Partnership: 16%
Incentive: 10%
Foundation: 33%
Public Round + Liquidity: 6%