DeXe to Start Staking Program

DeXe DAO has launched its staking program, integrating governance features and allocating $8.5 million in rewards in DEXE tokens.

Key highlights:

Five staking tiers: 1, 3, 6, 12, and 24 months.

Multichain support: Staking pools are available on both BNB Chain and Ethereum.

Governance integration: Staked tokens retain voting power, allowing participants to engage in DeXe DAO governance.

Refer to the official tweet by DEXE:

DEXE Info

DeXe DAO is a Decentralized Autonomous Organization that manages DeXe Network through the voting power of DeXe governance token (DEXE) holders.

DeXe Network consists of multiple products for trading and investing in virtual currencies. DeXe Network is a decentralized social trading platform designed to copy the best traders' strategies and it includes a range of tools, including social trading and investment platforms, transaction copying tool, all-in-one terminal for DEXs, a platform for calculating trading P&L on wallets, decentralized trading tournament tool and other currently evolving and developing tools to supply the best user experience.

The range of these tools and products create the ecosystem that is functioning and enhancing thanks to the community formed around it. Therefore, in order for the Network to function independently, transparently, and be inclusive of the ideas of the DeXe members, to enhance the DeXe Network and its tools, DeXe DAO is in charge of managing each and every decision regarding DeXe.

All the decisions are made through the proposal process – Proposal Circuit, which involves Initiation, Discussion, Formal Voting, and Implementation stages. The proposals are voted upon off-chain through Snapshot and are executed on-chain through SafeSnap.