DeXe (Decentralized Social Trading Platform) is an online, decentralized and autonomous cryptocurrency assets portfolio environment. It offers yield farming platform which uses DEXE as staking token.
The DeXe token (DEXE) claims to enable the open and permissionless system. Following protocol rules and contributing resources facilitates consensus between participants. The token has two vital functions:
- Automatic buyback and distribution among insurance vault, farming rewards among token holders and burning of tokens for a % of tradersโ rewards.
- Participation in DeXe DAO. It is not required to be a DEXE token holder to participate in DeXe.network and benefit from the several of its social trading functions.