One of the most common and accessible methods is to invest in de facto products such as tokenized securities or derivatives. With these investments, users can diversify their portfolios, reduce risk, and increase possible returns.

But, what about beginner traders? Do they familiarize themselves with the complexities of tokenized securities or derivatives? If not, then Dexe may help them. DeXe Network has devised a simple solution for anybody to engage in the market!

DeXe Network, also known as DeXe (Decentralized Social Trading Platform) (founded in 2017), is an online, decentralized, and autonomous cryptocurrency asset portfolio environment that runs using autonomous smart contracts.

This article will go deep into the DeXe crypto ecosystem, looking at the various apps accessible on the DeXe Network. It will also look at some applications currently under development, as well as the DEXE token utility.

What is the DeXe Network?

DeXe Network is an entirely decentralized social trading platform that provides a cryptocurrency asset portfolio environment and cutting-edge decentralized finance (DeFi) trading capabilities.

The native ERC-20 DEXE token, which runs on Ethereum, regulates the DeFi social trading platform via the DeXe DAO, or decentralized autonomous organization—the DeXe crypto ecosystem, which provides cutting-edge trading resources and benefits professional and novice DeFi traders.

In addition to providing a decentralized cryptocurrency asset portfolio setting, DeXe allows seamless wallet-to-wallet copying of other people’s trading methods without disclosing private keys or cryptocurrency wallet information.

DeXe, the foremost decentralized social trading platform, transparently and reliably connects successful traders with followers, benefiting both sides. The native DEXE currency distributes incentives and is a primary incentive for the DeXe crypto ecosystem.

Functions of the DeXe Network

Token Holder Incentives: One of the Dexe features is automatic buyback and distribution among insurance vaults, farming rewards among token holders, and the burning of tokens for a percentage of traders’ earnings proportionally within the DeXe network. DeXe network uses automated buybacks for its social trading activities. By default, 1/3 of the automated buyback will be distributed to help the DeXe network grow.

Grant of Funds: The DeXe network is devoted to contributing to and improving the decentralized ecosystem within the DeXe DAO Community and outside its membership. Thus, DeXe is committed to allocating DEXE tokens to organize meetups, make community grants, learn and spread knowledge, and form partnerships.

Investment: As the DeXe network grows, investors inspired by its concepts may become interested in investing in it rather than using the typical token acquisition technique.

DEXE Token

The native DEXE token is accessible in Ethereum ERC-20 and Binance Smart Chain (BSC) BEP-20 token standards. As the DeXe Network’s primary utility token, the DEXE token allows holders to join the DeXe DAO (decentralized autonomous organization) and vote on platform parameters.

DEXE token holders will also be able to participate in the governance of the DeXe Network Investment platform (more on that below). Furthermore, users who have DEXE tokens can earn bonus staking rewards.

DeXe is an entirely decentralized application (dApp). Therefore, holders of the DEXE token can vote on the percentage and time frame for DEXE token-burning initiatives. With the implementation of farming facilities, DEXE token holders can vote on token burnings and rewards associated with DeXe farming functions.

Furthermore, the DEXE token contributes to the security of user funds on the network. DeXe network promises to ensure that all users get up to 100% of their initial deposit as compensation for losing a transaction.

How Does DeXe Decentralized Social Trading Work?

DeXe Network provides attractive tools and services for new and seasoned traders. Furthermore, with decentralized social trading, DeXe compensates both copied traders and followers. It accomplishes this with its flagship product, DeXe Investing.

Users of the DeXe investment platform can clone many wallets simultaneously, allowing them to handle multiple trading strategies at once. DeXe also supports numerous tokens per trader, allowing customers to imitate several trading methods from the same trader.

DeXe Investment provides professional traders with a platform for beginner traders to invest alongside many skilled traders. Expert traders are chosen based on their established track record rather than their fame in the cryptocurrency business. Furthermore, DeXe provides a specific insurance policy to cover users assets in the event of security breaches or attacks, letting users focus on growing their portfolio rather than worrying about securing it!

Users on the DeXe platform can clone many wallets simultaneously, allowing them to handle multiple trading strategies simultaneously. DeXe also supports numerous tokens per trader, allowing customers to imitate several trading methods from the same trader. Furthermore, users can hold or transmit the synthetic token to any wallet address they want. At the same time, the trader copying protocol is operational.

What Makes DeXe Unique?

• It saves beginner traders hours of tiresome study.
• DeXe compensates both the traders who are being copied and their followers.
• All transactions are entirely transparent, thanks to blockchain technology.
• Novice traders can select from a vast number of skilled merchants.
• Expert traders are chosen based on their established track record rather than their fame in the cryptocurrency business.
• A customized insurance plan to protect users assets in the event of security breaches or hackers.

DeXe DAO Studio

The DeXe Decentralized Autonomous Organization (DAO) manages the DeXe Network’s technical and marketing efforts. Furthermore, DeXe DAO members are free to enter and go whenever they want, with no exclusive invitation, exit restriction, or charge.

DeXe DAO members can propose and vote on platform updates. If members do not like or oppose the DAO’s behavior, they can quit without causing any problems. Furthermore, it carries no financial risk.

This advanced DAO Studio provides a comprehensive suite of tools and features designed to streamline and enhance DAOs’ governance and community interaction components. It is all available via a single, user-friendly interface.

Features of DeXe Studio

Build DAO on any chain: Dexe DAO Studio allows users to quickly build and administer DAOs on various blockchain networks. It provides a consistent interface for managing governance tokens and participating in numerous DAOs.

Expanded delegation system: The platform now has an expanded delegation system that allows DAOs to delegate tokens from their treasuries. This functionality enables DAOs to efficiently outsource activities and access specialized security, law, and technology expertise.

Reward system: DeXe DAO Studio enables the distribution of rewards to all DAO contributors, encouraging active engagement, proposal submission, and implementation. This element promotes community engagement while also ensuring effective government.

Versatile voting systems: Users can select from various voting models, including meritocratic, linear, and bespoke voting systems, which increases the flexibility and inclusivity of decision-making within DAOs.

Meta-governance: The platform promotes diversity by allowing stakeholders from specialist sub-DAOs to initiate proposals within the main DAO. This mechanism supports inclusive decision-making and informed choice.

DEXE DAO Studio provides a comprehensive solution for managing, governing, and expanding DAOs. Its diverse tools and commitment to openness and security make it an invaluable resource for DAO builders and participants, helping to drive the growth and evolution of decentralized governance in the blockchain ecosystem.

DeXe Crypto Ecosystem

The DeXe cryptocurrency ecosystem includes several helpful and easy-to-use decentralized finance (DeFi) trading tools. The project ensures that DeXe crypto facilities welcome DeFi social trading newbies while providing cutting-edge trading technologies.

Not all applications in the DeXe cryptocurrency ecosystem are operational during this writing. Several programs, however, are marked as “release soon.” The following sections discuss the various DeFi social trading methods available through the DeXe crypto ecosystem.

Wallet Info

When first getting into decentralized social trading, the popular question is, “Which wallets are best?” DeXe Network makes no comments or recommendations regarding wallet addresses. Instead, it urges users to “do their own research” using the Wallet Info app. Wallet Info is unique to the DeXe crypto ecosystem and the social trading market in that it allows users to examine a wallet’s profitability. This entirely free tool allows users to determine how profitable a wallet address is for particular assets.

Users can also view a wallet address’s past profitability and success rates. Wallet Info promotes the growth of decentralized finance (DeFi) social trading, benefiting traders and followers.

Wallet-to-Wallet Copying

After locating a desirable and profitable wallet address to copy, users can access the Wallet-to-Wallet Copying (W2W Copying) tool. Another free service accessible within the DeXe crypto ecosystem allows users to enter ERC-20 wallet addresses and make automatic trades with specific assets.

Users can mimic traders’ trading methods as long as the trader’s and the follower’s wallets contain identical assets during the transaction. The follower will execute the identical transaction when the trader enters an order.

Decentralized Tournament Service

DeXe Network hosts a Decentralized Tournament Service application to show how decentralized social trading helps the community. The Decentralized Tournament Service, which operates through Uniswap, the largest Ethereum decentralized exchange (DEX), incentivizes community participation in trading competitions.

Kattana Trading Terminal

The Kattana trading terminal is available to experienced crypto traders who seek access to high-quality, professional trading tools within the DeXe crypto ecosystem. Kattana offers real-time trading with over 40 prominent decentralized exchanges (DEXs), advanced order types, and high-quality trading charts.

However, this is just scraping the surface. The Kattana trading terminal, based on CeFi technology, provides the most advanced social trading experience with tools previously unknown in DeFi.

Anti-Sniping Bot Service (111PG)

Sniping bots frequently get in before people when interacting with automated market makers (AMMs), particularly during token listings or high-value deals. These bots are algorithmically created to quickly duplicate and execute traders’ orders.

They raise the price immediately before users perform a trade and then sell at the top right after traders make a transaction. This can be pretty profitable for sniping bots. However, it comes at the expense of projects, communities, and token holders.

In response, the DeXe crypto ecosystem provides the Anti-Sniping Bot Service, or 111PG. The 111PG project employs proprietary programming to counter-snipe bots, eliminating the threat of bot disruption from exchanges.

Furthermore, in addition to protecting projects, adopting the 111PG Anti-Sniping Bot Service benefits DeXe crypto ecosystem community members.

Conclusion

Joining DeXe DAO is also extremely simple. While the DEXE token is not required to use social trading tools, users must “acquire DEXE tokens” and wager on them to join the DeXe DAO.

DeXe Network is witnessing continued acceptance of the platform and has several plans for future development. This contains multi-chain apps, yield farming capabilities, and the main DeXe Network Investment app. The project has much potential, with decentralized social trading solutions and other features.

DeXe Network provides attractive tools and services for new and seasoned traders. Furthermore, with decentralized social trading, DeXe compensates both copied traders and followers. It accomplishes this with its flagship product, DeXe Investing.