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The DXD token is DXdao´s native token. DXdao describes itself as a decentralized community that develops, governs, and grows DeFi protocols and products.
Its initial members were seeded through a 1-month process where over $20M in ETH and other tokens were staked and 400+ addresses received Reputation. They have been working on DeFi infrastructure like Mesa.eth, a recently launched frontend to the Gnosis Protocol, and Omen.eth, a prediction market platform.
The DXdao is also involved in developing Mix.eth, governing DMM, and maintaining the DutchX trading protocol.