DeXe, a well-known permissionless launchpad facilitating memecoins and DAOs, has announced its launch on Ethereum. As per DeXe Protocol, it is going live on Ethereum, permitting developers to leverage cutting-edge technologies, treasury management, decision-making, and so on via $ETH. The platform took to social media to disclose this development.
DeXe Protocol Goes Live on Ethereum
DeXe brought to the front that the launch thereof on Ethereum indicates a significant move. In this respect, it combines the holders of DeXe, governance tools, as well as latest protocols into an inclusive decentralized ecosystem. The initial step in the approaching milestones authorized by the platform’s community is currently starting the sequence of extensive events.
With Ethereum Deployment, DeXe Protocol Aims to Establish Multi-Chain Network
With more than 70% of the supply of $DEXE existing on Ethereum, the current deployment strengthens the token holders. They can take part in platform’s decision-making along with transparently managing the DAO treasury. They can also use the most groundbreaking tools concerning the decentralized governance. In addition to this, Ethereum and BNB Chain provide the basis for a multi-chain network, leading to future scaling as well as a thorough functionality.
The DeXe DAO’s deployment on Ethereum offers huge benefits. They include comprehensive multi-chain governance, cutting-edge decision-making, and transparent treasury management. This development solidifies DeXe’s position as a multi-chain DAO serving across Ethereum and the BNB Chain. Additionally, the DeXe holders within the Ethereum ecosystem can now vigorously participate in the decisions and proposals.
Initiative Prioritizes Scaling while DeXe Protocol Plans to Release Separate DAO
According to DeXe Protocol, the deployment thereof on Ethereum underscores the start of a revolution in the decentralized governance with better ecosystem scaling. While discussing this move, the platform also revealed its plan to release its separate DAO on BNB Chain or Ethereum. Keeping this in view, the developers and users can anticipate several new upgrades following this deployment.
