DeXe Protocol (DEXE)

Social Trading

DeXe Protocol lets users copy the trades of top traders automatically. This means you can follow experts and replicate their moves without needing deep trading knowledge.

Decentralized Governance

It allows token holders to vote on important decisions like protocol upgrades and treasury management, giving the community control over the platform’s future.

Asset and DAO Management

DeXe Protocol provides tools to manage digital assets and create or govern Decentralized Autonomous Organizations (DAOs) with flexible rules, proposals, and treasury control.

Ecosystem Growth

The protocol supports building and expanding DAOs, enabling users to create working groups, assign tasks, and participate in multiple DAOs through a single platform.

Reward System

Both leaders (top traders) and followers benefit from a reward system that shares profits, encouraging active participation and transparency.

In short, DeXe Protocol is used for social copy trading, decentralized decision-making, managing digital assets and DAOs, and growing a community-driven crypto ecosystem.

Pros

• DeXe Protocol offers a flexible and comprehensive toolkit for building and governing DAOs, supporting a wide range of organizational structures.
• It promotes meritocracy by rewarding active and useful participation, encouraging sustainable and equitable growth.
• The protocol is open-source and works across multiple EVM-compatible blockchains, allowing broad use and innovation.
• It provides gas-free voting and treasury management on-chain, making governance more accessible and transparent.
• DeXe enables social trading by letting users follow experienced traders while keeping control of their assets.
• The smart contracts have been audited, adding trust to the platform’s technical foundation.

Cons

• The complexity of DAO creation and governance might require some learning for new users.
• As a relatively new and evolving protocol, it depends on community engagement and developer contributions for growth.
• Some advanced features may be more suited for experienced users or organizations familiar with blockchain governance.

For more details, visit the official site: dexe.network

Founders

DeXe Protocol was founded by Yuriy Hotoviy and Dmitriy Kotliarov. Yuriy Hotoviy is known as a co-founder and CEO of Billtrade, while Dmitriy Kotliarov serves as the CEO and founder of DeXe Protocol. Both have played key roles in developing the project and its vision.

Investors

DeXe Protocol is funded by ZBS CAPITAL, which participated in a Seed funding round completed on January 1, 2024.

Funding Details

The project has raised one funding round so far, specifically a Seed round, with the amount undisclosed publicly.

Additional Notes

DeXe Protocol operates as a decentralized financial services platform focusing on social trading and asset management, governed by its community through a DAO structure.

Halal Status of DeXe Protocol

• Yes: There is no clear official halal certification or ruling specifically for DeXe Protocol available publicly.
• Reason: Halal compliance depends on factors like the nature of the token, its use, and whether it involves interest (riba), gambling (maysir), or uncertainty (gharar). Since DeXe Protocol is a decentralized finance (DeFi) platform, its halal status would require a detailed Shariah review by qualified scholars.
• General Note: Many DeFi projects are still under review in the Islamic finance community, and some platforms or tokens receive halal endorsements only after thorough screening.

For a definitive answer, consulting a Shariah advisor or a halal crypto certification body is recommended.