Lisbon, Portugal, January 10th, 2025,
Chainwire
DeXe Protocol has made tremendous progress in its
roadmap, achieving crucial milestones that mark a significant step
forward for the protocol and drive substantial growth in key
metrics. With the successful deployment on
Ethereum, the consolidation of the DAO
Treasury, and the launch of the DeXe Staking
Feature for DAOs, DeXe solidifies its position as a
leading force in decentralized governance and treasury
management.
The impact of these milestones is profound:
DeXe Protocol's Total Value Locked (TVL) has
grown significantly, elevating the protocol to new heights.
Previously ranked among the Top 10 largest DAOs
globally, DeXe Protocol's TVL has now reached over
$1 billion, a testament to the trust and
confidence in the protocol.
The combination of Ethereum deployment and DAO Treasury
consolidation represents a monumental step forward for the
community and its mission to create a fully autonomous and
transparent ecosystem.
DeXe Protocol is Now Live on Ethereum
DeXe Protocol and DeXe DAO have officially launched on Ethereum,
the largest and most liquid blockchain in the DeFi
ecosystem. With over $70 billion in Total Value Locked
(TVL) and the most active DAO community globally, Ethereum
provides unparalleled opportunities for DeXe’s technology to
thrive.
This deployment enables the protocol to fully leverage its
cutting-edge tools for treasury management,
decision-making, and DAO governance. Additionally, with
approximately 60% of DEXE tokens residing in
Ethereum, this step unifies token holders across both
Ethereum and BNB Chain into a multi-chain governance
ecosystem.
DAO Treasury Consolidation in DeXe Protocol Smart
Contracts
In alignment with its roadmap, DeXe DAO has
successfully consolidated its Treasury and organizational
assets into the smart contracts of DeXe
Protocol. A proposal approved by the DAO community
facilitated this initiative, transferring approximately 60%
of DEXE supply into secure, transparent, and autonomous
governance contracts on Ethereum.
This move brings significant benefits to the DeXe community:
Consolidating all of DeXe DAO’s assets,
including those on Ethereum, into DeXe Protocol’s smart contracts
give significant benefits:
Increased TVL, highlighting the strength and
reliability of the Protocol.
Transparency and autonomy for all DAO members
and DEXE token holders in managing organizational assets and
technology.
Reinforcement of the organization’s commitment to
long-term development and growth.
DeXe Staking Feature for DAOs
The DeXe Staking Feature represents a
revolutionary step in empowering DAOs. By allowing DAOs to
reward active contributors, keep staked
tokens active for governance voting, and offer
fully customizable parameters, this feature aligns
incentives and fosters deeper community engagement.
A Roadmap in Action
These major milestones demonstrate DeXe Protocol’s dedication to
delivering on its promises. The roadmap is being executed with
remarkable momentum and hard commitment from the
protocol and community.
As the DAO continues to expand its reach and refine its
ecosystem, further developments and innovations are on the horizon.
DeXe is well-positioned to scale even greater heights with the
complete Ethereum deployment and Treasury consolidation.
Stay tuned for
upcoming updates and milestones — this is just the beginning of
DeXe Protocol’s journey!
About DeXe
DeXe Protocol is an advanced infrastructure for creating and
managing decentralized autonomous organizations (DAOs). Comprising
over 50 smart contracts, it offers a meritocratic approach to
governance, aligning incentives while supporting fast and
sustainable growth. Governed by DeXe DAO, the platform provides a
flexible toolkit to help new and existing DAOs build, refine, and
scale their operations. DeXe aims to revolutionize decentralized
governance and drive innovation in the DAO ecosystem by focusing on
active member participation and expertise.
Contact
CMO
Roman
Melnyk
DeXe
r.melnyk@dexe.network