DeXe

DeXe is a protocol that provides smart contract infrastructure and an interface so that communities can create and manage DAOs without writing code. The project highlights that it develops governance models aimed at preventing voting power from being concentrated solely in large token holders. DEXE is the protocol token issued on Ethereum and BNB Chain.

In structures created with DeXe's interface, DAO Studio, proposals are voted on on-chain, and approved decisions, including treasury transactions, can be executed automatically. The protocol aims to give active participants more say through methods such as non-linear vote calculations and expert delegation. DEXE is used in governance votes in DeXe's own DAO, in rewarding delegates who manage the voting power entrusted to them, and in staking mechanisms aimed at ecosystem security.

Factors that may affect the DEXE price include the number and activity of DAOs created through the protocol, competing governance tools, the token's liquidity and distribution on exchanges, and general market conditions. The DeXe price on Lzzo.com is obtained by converting the value formed in the DEXE/USDT pair on Binance into dollars at the Coinbase Exchange USDT/USD rate, and the chart follows this series.