What is DAO
A DAO can be seen as a new age transformation of the traditional company management structure. While the idea of decentralized organizations isn't entirely new, the use of smart contracts to automate working mechanisms and functionalities is what makes the DAO a useful and interesting concept.
DAOs now envisage a group organization owned and run by its members, which gives a voice to all of them. According to analysts and industry professionals, DAOs are gaining popularity with some of the new organizations completely based on DAO and with the possibility of it eventually replacing certain traditional businesses as well. With the help of this certification, you will have a better understanding of the workings of DAOs and learn how to utilize them without third-party intermediaries. Since a DAO is literally run by the community (of token holders, usually), the exact benefits are less by the team's design and more by proposals and voting, hence they can be anything and vary widely from DAO to DAO.
OVERVIEW OF DEXE DAO
Dexe Network moved from the aim of building the first DeFi social trading platform to the creation of an entire asset and DAO management system. DeXe DAO, you can get grants based on your proposal's merits and utility as decided by your peers who are vested in DeXe with Dexe DAO you could as well vote too holders of $Dexe could take part in Dexe DAO in as much as you hold up to 1 Dexe you're good to go, some event that would be coming up in DexeNetwork would be determined by Dexe token holders. The DeXe Network team will transfer funds of DEXE to the treasury, giving real control to the holder community.
BENEFITS OF DEXE TOKEN TO HOLDERS
The DeXe platform is fully based on DAO this means all Paramount decisions will be made by DeXe token holders.
✅ Voting on insuring funds on the platform. Ability to get the total sum of your starting deposit compensated in case of loss in trades.
✅ Voting on system for insuring users funds by putting tokens on Decentralized exchange.
✅ Voting on burning tokens and gathering awards the for farming.
✅ Voting on the time frame and adjustment of the percentage of tokens burned: This means that the removal of tokens from circulation will depend on the holders.
✅ Voting on the quantity of rewards received for farming: This means that the amount of rewards received by depositing your tokens into a pool will depend on holders.
CHECK OUT DEXE NETWORK SOCIAL MEDIA HANDLES FOR MORE UPDATES
LinkedIn: https://www.linkedin.com/company/dexe-network”
Official telegram EN chat: https://t.me/dexe_network_official_chat
Official telegram channel: https://t.me/Dexe_network”
Website: https://dexe.network”