DeXE is a DeFi social trading network.
DeXe is a decentralized social trading platform that operates via autonomous smart contracts and includes tools for virtual currency allocation and automatic rebalancing. It aims to eliminate the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party. The DeXe Network connects traders and followers in a transparent, verifiable way. Some other components of the ecosystem include providing tools for projects to list securely, tools for users to learn and implement social trading, and more.
1. Using the DeXe Utility token in the ecosystem:
1.1 Programmed redemption and burning of tokens for a certain % of the traders’ compensation.
1.2 Control over DeXe treasury better. One of the DeXe functionality includes farming rewards with DeXe.network from social trading activity.
1.3 Use of the token by the holders for casting a ballot and settling on choices regarding:
a. The timespan and adjustment of the percentage of tokens burned.
b. Effect on the number of remunerations got for farming (increase or decline the percent of accrual)
c. Voting for the date of burning tokens and ascertaining the reward for farming (details below).
1.4 Work of the system for insuring users’ deposits by staking tokens on DEX.
The ecosystem works according to the principles of DAO. This means that Dexe.Network is a completely autonomous platform, where all processes take place automatically without the participation and influence of the founders. This means that any user on this network is in full control of all financial transactions that go through a personal wallet. No third parties interfere with the process. Thus, with Dexe, you have the opportunity to safely invest in a decentralized environment, controlling risks and finances using only your wallet.
Create your personalized trading token. You can create your own token, the price of which will depend solely on your trading experience, knowledge and implementation of strategies.
Copying any transactions of the selected wallet. You can choose any desired wallet address that you are subscribed to, subscribe to it, and if the owner of this address sells or buys an asset that is important to you, you will instantly copy their transaction. Moreover, if you wish, you can perform this action even faster than the owner himself, due to the automatic increase in the commission in the transaction block.
Save and increase your assets. Choose trusted professional traders and multiply your funds by increasing the number of their registered tokens.
Hold, send, give your trader's label token. You can store, give away, donate, sell your trader tokens, asset management will continue.
Save on fees with Dexe smart contract copy pools. There is no need for a huge number of transactions and pay a lot of fees for buying and selling tokens after using the dexe smart contract, the trader does everything for you, you only hold his label token and can potentially increase the value of your assets.
Group investments. By voting, participants and holders of a trader's label token can decide whether to trust a trader to invest in various crypto companies or any speculative vehicle such as farming or staking). The trader must explain and make arguments in order to convince the participants and get their approval.
Automatic redemption and burning of tokens to receive % of the reward of traders.
Use of the token by holders to vote and make decisions regarding:
but. Period and adjustment of the percentage of burned tokens
b. Influence on the amount of farming rewards received (increase or decrease in percentage of accrual)
c. Possibility to vote for the date of burning tokens and accrual of rewards for farming.
Token name - Dexe
Token symbol - DEXE
Token type - erc 20
Total offer - 100,000,000 DEXE
The initial circulating supply after 22 rounds is between 2,000,000 and 6,000,000 DEXE (depending on the tokens that will be sold or burned during the token sale).
Potential token holders should be able to use USDC, USDT and ETH to exchange DEXE in the token sale.
Sale of tokens - 5%
Staking Rewards - up to 10% (if unlock reaches more than 10% of the allocated supply, staking rewards stop accruing)
Fund - 33%
Team - 20%
Partnership and Ecosystem - 16%
Trading school and tournaments - 10%
Marketing - 5%
Market Liquidity Fund - 1%
Users who purchase Dexe tokens after the release of the product will not receive increased farming rewards, they are only eligible for regular farming rewards.
Farming rewards and increased farming rewards will be distributed in DEXE tokens.
To start receiving increased farming rewards, the user must subscribe to high farming rewards within 10 days from the product release date (registration will be done on dexe.network)