DeXe Network (referred to as DeXe) provides a fully decentralized social trading platform, as well as a cryptocurrency asset portfolio environment and new decentralized finance (DeFi) trading tools. The platform operates on Ethereum, and its native ERC-20 token DEXE is managed through DeXe DAO or decentralized autonomous organization, used for DeFi social trading applications. DeXe's cryptocurrency ecosystem aims to benefit professional traders, application developers, and novice DeFi traders, enabling them to experience the most advanced decentralized social trading features.
In this article, we will explore:
What is the DeXe network?
How does decentralized social trading on DeXe work?
DeXe cryptocurrency ecosystem
What is the DeXe network?
DeXe Network (DeXe for short) has launched a decentralized social trading platform, operated through the DeXe decentralized autonomous organization (DAO). As a decentralized protocol running on Ethereum, DeXe supports smart contracts and is dedicated to building a comprehensive DeFi trading store. The platform offers a variety of trading tools, including automatic rebalancing, listing tools, and education on learning and implementing decentralized social trading.
In addition to serving as a decentralized cryptocurrency asset portfolio environment, DeXe also facilitates the replication of other trading strategies into wallets. DeXe achieves this without exposing private keys or any encrypted wallet information. As a leading decentralized social trading platform, DeXe transparently and reliably connects successful traders with followers, benefiting both parties. The primary rewards and incentives of the DeXe cryptocurrency ecosystem are the native DEXE token. We will introduce the benefits and uses of the DEXE token later in this article.
How does decentralized social trading on DeXe work?
DeXe Network provides a range of attractive tools and services for both novice and experienced traders. Additionally, through decentralized social commerce, DeXe rewards traders who are replicated by followers.
First, DeXe users can use wallet information tools to choose which traders to follow. Then, users lock their assets in a smart contract associated with the "DeXe Follow" smart contract. This releases fully guaranteed synthetic tokens with corresponding value to the trader. The tokens are backed by real assets and their value depends on the trader's skills. Behind the scenes, traders continue normal trading while managing the DeXe Follow contract.
The DeXe platform allows users to replicate multiple wallets simultaneously, enabling them to manage different trading strategies at once. Additionally, DeXe facilitates multiple tokens for each trader, allowing users to replicate multiple trading strategies from the same trader. Furthermore, users are free to hold or send synthetic tokens to any wallet address they desire, and the trader replication protocol will remain active.
DeXe cryptocurrency ecosystem
The DeXe cryptocurrency ecosystem includes various practical and easy-to-navigate decentralized finance (DeFi) trading tools. The project ensures that the DeXe cryptographic facilities are user-friendly for DeFi social trading and provide cutting-edge trading technology. At the time of writing this article, not all applications in the DeXe cryptocurrency ecosystem are active. However, several applications are shown as "coming soon." Below, we will introduce the different DeFi social trading tools that the DeXe cryptocurrency ecosystem must provide.
Conclusion
DeXe Network or DeXe is at the forefront of decentralized social trading platforms. The platform provides a variety of decentralized finance (DeFi) trading tools for traders in the DeXe cryptocurrency ecosystem. The DeXe cryptocurrency ecosystem offers a variety of trading tools for those with lower technical expertise, which can be used alongside leading professional trading applications. This includes the Kattana trading terminal, sniper bot services, and real-time trading on various decentralized exchanges (DEX). Additionally, the Wallet to Wallet Copy (W2W Copy) tool allows novice DeFi social traders to leverage the strategies of experienced traders. This primarily works in collaboration with wallet information tools, allowing users to analyze the profitability of specific wallet addresses.
DeXe Network, as a fully decentralized application (dApp) running on Ethereum, maintains governance and sustainability through its native DEXE token. Furthermore, the DEXE token is the only way to become a member of the DeXe DAO (decentralized autonomous organization). This is achieved through staking and demonstrating commitment to the platform. Additionally, if members decide to leave, they can do so from the DeXe DAO without any financial risk.
DeXe Network has seen continued adoption of the platform and has showcased many future development plans. This includes multi-chain applications, single yield farming facilities, and major DeXe network investment applications. The project demonstrates significant potential, offering decentralized social trading solutions and more.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
