What Is DeXe (DEXE)?
DeXe (DEXE) is a network comprising multiple products for trading in crypto assets. The decentralized social trading platform was created to imitate traders' strategies. The platform includes a wide range of tools to enhance the user experience, such as the decentralized tournament service, Kattana trading terminal for DEX, data on wallets, wallet-to-wallet copying tool, and anti-sniping bot service. Apart from these tools, the main product of the Dexe platform is the ‘Dexe Network Investment’, a single user-friendly interface for users to understand which project is being used by the internal teams. Also, the platform helps users to learn and implement social trading and provides tools for projects to be listed securely. Thus, the range of these products and tools support the functioning of the ecosystem backed by the community developed around it.
Additionally, the DEXE token is the governance token of the DeXe network, and subsequently, each individual holding the DEXE token becomes a member of the platform. They also are entitled to create proposals and vote on decisions related to any development, addition, and any other kind of change regarding the network. The DEXE token holders are also rewarded with internal incentives.
Furthermore, DEXE token gives proposal and voting powers to the DeXe community and network holders. Users with more tokens possess greater decision-making power along with higher incentives. Moreover, DeXe token (DEXE) claims to enable a permissionless and open system, following protocol rules and contributing resources to facilitate consensus among the participants.
History of DeXe (DEXE)
According to the roadmap, the development of DeXE started on September 18, 2019. The wallet-to-wallet copying, smart contract audit, order limit for DEX was done in the first and second quarter of 2020. On September 28, 2020, the developing team successfully released the token. The developing team of DeXe includes Yuriy Hotoviy as a co-founder who is also CEO of Billtrade.oi and Dmitriy Kotliarov, who is also a co-founder.
The maximum supply of DEXE tokens is 98,942,301.