Dexe Network (DEXE) price, marketcap, chart, and fundamentals info
Dexe Network is a decentralized social trading ecosystem that anyone can use to copy the transactions of one or more successful traders to increase the value of their portfolio.
Team Dexe’s main ambition is to introduce a new set of tools into the DeFi world. Currently, they believe that there are not enough appropriate decentralized asset management tools. Hence, their goal is to create a platform that you can use to easily copy top traders, make money, and manage your assets.
The Dexe was audited by experts from Hacken (who studied Chainlink and EOS) and collaborated with Orion Protocol.
How does Dexe Network work?
The first is Wallet-to-Wallet Copy Trading. Allows you to plug in and start copying wallet-to-wallet. Allows you to mimic good trader’s trading strategies. This is done simply by selecting the wallet you want to copy and then depositing your money into the Dexe smart contract.
Another form of copy trade is when you give the trader your money to trade and receive in return a personalized trading token representing the amount of value you have deposited. The token value will increase and decrease based on trader activity. It will then aim to mimic the profit (or loss) that the trader makes affects the assets you have deposited.
The second is related to the greater degree of confidence. The Dexe will provide a trader profile that illustrates past performance. Gives you the tools you need to choose the best trader for the job.
For traders who are part of this type of copy trade, they must use the Dexe plugin in their browser to keep a log of their transactions. It also allows traders to decide how they want to be paid. Fixed fee or percentage of profit they make.
What is DEXE token?
DEXE is the platform’s native unility token ERC-20 and is used in a variety of scenarios.
Basic information about DEXE
|Token Standard||Unility token|
|Total Supply||100,000,000 DEXE|
|Circulation supply||2,714,008 DEXE|
- Token sale – 5%
- Staking rewards – 10% (if unlocked to reach more than 10% of the distributed supplies, the staking rewards will not be credited)
- Foundation – 33%
- Team – 20%
- Partnership and ecosystem – 16%
- Trading school and tournaments – 10%
- Marketing – 5%
- Market liquidity Fund – 1%
DEXE release schedule
- Token sale: No lock, immediate release
- Staking rewards: Vesting 12 months
- Foundation: 1 year cliff, 48 months vesting
- Team: 6 months cliff, 24 months vesting
- Partnership and ecosystem: 3 months cliff, 12 months vesting.
- Trading school and tournaments: 2 months cliff, 12 months vesting
- Marketing: 1 month cliff, 12 months vesting
- Market liquidity Fund: Instant issuance
DEXE Token Sale
Token Sale starts at September 28, 2020. Accounted for 5,000,000 DEXE (5% of total supply)
After the end of Token Sale, the report is obtained as follows:
- During 22 rounds the participants bought DeXe tokens in quantity, i.e., Raised: $ 1,896,911
- Circulating Supply: 2,214,928 DEXE
- Market Cap: $ 3,324,377
- Number of token burn: 3,495,401 DEXE
- Average price: $ 1.26
- Lock-up: No lock
What are DEXE tokens used for?
- Governance: DEXE token holders can vote on network governance decisions and must hold DEXE in order to participate in the DAO.
- Reward: Traders receive commissions from strategy subscribers based on the success of their strategies. Smart contracts receive 30% of this amount to automatically redeem tokens from the market. One-third of them were burned, a third was sent to the insurance team. One-third is distributed to DEXE owners.
- Insurrance: Users have the option of preventing losses by staking DEXE tokens up to 10% of their money’s value.
How to earn DEXE?
- Farming rewards & high farming rewards
All DEXE token holders are eligible to receive a Farming reward after product launch. Token Sale participants will receive increased Farrming rewards in accordance with farming program terms.
Users who have purchased DEXE after the product release will not receive an increased, farming reward. They are only eligible for the normal farming reward.
Farming reward and farming reward increase will be distributed in the form of DEXE. To start receiving the farming reward increase, users must register for the High farming reward within 10 days of product release (registration will be done on dexe.network)
- Buy on listed exchanges
What exchange is DEXE traded?
Currently, you can register for an account and buy DEXE at the following major exchanges:
And buy on the DEX, you can choose Uniswap. If you do not know how to use Uniswap, you can read the article:
What is Uniswap? Review and guide how to trade on Uniswap
DEXE storage wallet
This is an ERC-20 token so it’s pretty easy to find a suitable wallet for example: Trustwallet, Ledger Nano X, MyEtherWallet, MetaMask.. Or you can store it directly on an exchange, where you bought that token. Remember to turn on full security.
Evaluate the potential of Dexe Network
Traders are starting to put more faith in decentralized trading platforms.
For traders, it has many benefits such as not having a KYC. There is a lot of thought and strategy going into trading. Unless you are a knowledgeable person, not something you can master in a short time. There is still a lack of useful decentralized asset management platforms.
Dexe.network is a platform that will give anyone the opportunity to manage their finances in a decentralized way. Using Dexe, you will be able to copy the trades of successful traders. By looking at their wallet or by mortgaging your cryptocurrency to allow them to transact with it.
According to Defi Pulse, currently, the volume of USD locked DeFi has increased more than 27 times in the past year to reach $ 22.02 billion at press time.
Products developed and released in the DeFi ecosystem gain more each day and more functions and capabilities. Ability to compete with centralized economy.
This space has spawned various tools that provide loans, buy insurance or encrypt assets outside the payment system, exchange transactions, …
Dexe understands the need for a secure and decentralized money management tool. That is why the main task of Dexe is to provide an opportunity for any user to invest safely and decentralized. Full control over risk and finances through personal wallets. Dexe eliminates the risk of transferring money to third parties and the need to provide API keys, …
The year 2020 for Dexe Network is a year in both the quantity and quality of partnerships.
From Consensus Lab, Cointelegraph, Quest Capital, Chain Capital and a few other smart investors. In September with recent collaborations with several blockchain projects, such as 1inch, Orion, Stafi, Elrond, DexTools and others.
Should you invest in DEXE?
Using Dexe is designed to be intuitive and easy. You can connect to a non-wallet like Metamask or Trust Wallet. From there you just need to deposit money into the smart contract or choose the trader you want to trade with your money.
Hope the above reviews will help you have a right investment decision with DEXE. Stay tuned for post updates and community channels from the project to get the fastest updates.
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