Does DEXE have potential? Should we invest in Dexe Network?
DEXE is a new coin or virtual currency on the Binance exchange. Because it is a new coin, many investors are still hesitant, do not know whether DEXE has potential? Should we invest in Dexe Network?
Dexe Network is a social trading platform that uses smart contracts to connect traders and investors to the pool. Here the traders can display the trade with the ability to control the assets that the traders can trade with. Besides, the platform's tools allow investors to copy transactions from the best traders' wallets, suitable for both beginner and experienced traders.
1. What is Dexe Network?
Project Dexe Network (or DEXE) is a decentralized "social trading" platform designed to adhere to the strategies of the best traders.
The platform unifies CeFi and DeFi components to provide investors with additional trading options that are not available on other trading platforms, especially from a social perspective.
2. Token DEXE
DEXE is the native token ERC-20 of the Dexe Network trading platform and is used for the purposes of:
- Governance: DEXE token holders can vote on network governance decisions and to enter the DAO.
- Reward: Traders receive a commission from their strategy subscriber. DEXE smart contract receives 30% from this amount to automatically buy tokens in the market. One-third of these are distributed to DEXE owners.
- Insurance: Investors have an option of deposit insurance by staking the DEXE token up to 10% of the value of the fund.
Basic information:
- Token name: Dexe.
- Ticker: DEXE.
- Token Standard: ERC20.
- DEXE Token Price: Based on capital raised in the first round.
- Total token: 100,000,000 DEXE.
- Number of tokens initially issued after 22 rounds: from 2,000,000 to 6,000,000 DEXE (depends on the number of tokens sold or burned during the sale).
- Supports transactions with USDC, USDT and ETH.
3. DEXE token allocation
- Public sale: 5%.
- Staking reward: up to 10%.
- Fund: 33%.
- Team: 20%.
- Partners and ecosystem: 16%.
- Trading class and competition: 10%.
- Marketing: 5%.
- Market liquidity fund: 1%.
4. Lock and distribute DEXE Token
- Public sale: no lock (no lock).
- Staking reward: for 12 months.
- Foundation: lock for 1 year, vesting 48 months.
- Team: lock 6 months, vesting 24 months.
- Partners and ecosystem: 3 months lock and 12 months vesting.
- Transaction and competition school: lock for 2 months, vesting for 12 months.
- Marketing: lock 1 month, vesting 12 months.
- Market liquidity fund: not locked.
5. DEXE exchanges
DEXE is traded on the Uniswap, Bilaxy and MXC exchanges. Average price of 1 DEXE is 1.26 USD for unlocked tokens.
Market capitalization (Market cap) reached $ 4,785,762.
6. Partners, investors DEXE Network
Some of the main partners of Dexe Network must include Consensus Lab, Cointelegraph, Quest Capital, Chain Capital, Kattana, DAO Marketer, .
In addition, the platform also cooperates with a number of other blockchain projects such as 1inch, Orion, Stafi, Elrond, DexTools and several others.
7. Does DEXE have potential? Should we invest in Dexe Network?
With the advantage Dexe Network is a decentralized social trading platform, supports fast and easy copy of transactions, accepts transactions with USDC, USDT. DEXE has a lot of potential in the future.
Above is all information about Dexe Network and DEXE co. However TipsMake should emphasize, all information in the article is for REFERENCE only, not investment advice.
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