DeXe coin is the official cryptocurrency of the Dexe Network NFT and DeFi trading platform built with the Ethereum blockchain infrastructure. DeXe coin was launched in 2020.
The service provided by the platform aims to bring both investors and users together on a transparent platform and invest. They will be able to make their DeXe Coin investments transparently. The platform created with blockchain technology offers users the opportunity to make secure transactions.
The platform works as a decentralized autonomous organization (DAO). DAOs are managed decentralized. Decisions taken for the platform are determined by voting by all platform participants. Voting takes place in a completely transparent manner. In addition, in DAO, participants can bid on the topics they want to be updated on the platform.
Users can simply copy the wallet via the DeXe interface on the platform. They can check the statistics and rating, select the desired investor and start smart contract copying via the DeXe network.
When a user invests in a DeXe smart contract, the system issues a token equal to the value of the assets invested by that user. In this case, the investor trades with the user’s investments. On the other hand, the user also has the investor token that he can keep in his wallet, send to another address, donate. The investor increases the volume of the funds traded after a certain period of time. This will increase the user’s token value. Voluntarily, the user transfers this token to the DeXe smart contract and in return receives the asset and the profit earned by the investor.
DeXe’s use cases are as follows:
- Governance:DEXE token holders can vote on network governance decisions and must have DEXE to participate in the DAO.
- Awards: Traders receive commissions from strategy subscribers based on the success of their strategy. The DeXe smart contract takes 30% of this total to automatically buy back tokens from the market, one-third burned, one-third sent to the insurance pool, and one-third 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.
DeXe coin has a system that uses the Ethereum blockchain infrastructure and is encrypted with this infrastructure.
DEXE coin; It is listed by crypto exchanges such as Binance, Kucoin, Gate.io, and HitBTC. Investors interested in the DeXe Network project can purchase the token by subscribing to one of these exchanges and depositing money in their wallets.
