DeXe Network is a decentralized social trading and asset management platform operated by the DeXe DAO.
DEXE is the ERC-20 native utility token of the platform and is used for the following use cases:
Governance: DEXE token holders can vote on network governance decisions and must hold DEXE to participate in the DAO.
Rewards: traders receive commissions from strategy subscribers based on the success of their strategies. The DeXe smart contract receives 30% from this sum to automatically buy back tokens from the market, one-third of which are burned, one third are sent to an insurance pool, and one third are distributed to DEXE holders.
Insurance: users have the option to hedge against losses by staking DEXE tokens up to 10% of the value of their funds.
The platform consists of the following product components: