The “copy trading” pioneer in the DeFi field—dexe
The DeFi market is booming, but the complexity of DeFi transactions also discourages many investors. DeXe is a decentralized social trading and asset management platform that provides investors with a simple and easy-to-use DeFi trading entrance.
The core function of DeXe is "copy trading". Investors can choose traders they trust and hand over their assets to traders, who will conduct transactions according to their own trading strategies. Investors' assets will also be traded according to the trader's strategy, thereby achieving "copy trading."
DeXe’s “Copy Trade” feature offers the following advantages:
Lowering the threshold for DeFi transactions. Investors do not need to have professional trading skills to participate in DeFi transactions through "copy trading". Improved profitability of DeFi transactions. Investors can increase their returns by choosing traders with good trading records. Reduces the risk of DeFi transactions. Investors can diversify risks through "copy trading" and reduce losses caused by a single trader's trading errors.
DeXe's economic model mainly revolves around the DEXE token. DEXE token is the native functional token of the DeXe platform and has the following rights and interests:
Governance rights: DEXE token holders can vote on governance decisions of the DeXe platform. Reward rights: Traders can earn commissions based on the success of their trading strategies, and the DeXe smart contract receives 30% of the funds, one-third is destroyed, one-third is sent to the vault, and one-third is distributed To DEXE holders. Insurance rights: Users can choose to hedge against losses by staking up to 10% of the value of their funds in DEXE.
The operation process of DeXe is as follows:
Users first need to have a non-exchange wallet (such as Metamask, Trust Wallet). Connect to the Dexe interface and select your favorite trader. Start copying through the Dexe smart contract and complete wallet transaction copying.
If the user wants to get their funds back, they only need to send the token to the Dexe smart contract to get the funds back.
Traders who want to share trading information through the Dexe platform need to install the Dexe plug-in in their browser, then connect to their commonly used exchanges, select the remuneration method, and then start trading.
DeXe's "copy trading" function provides a new trading model for the DeFi field and has broad application prospects. The emergence of DeXe will help promote the development of the DeFi market and allow more investors to participate in DeFi transactions.
