πŸ”DeXe Protocol Overview

The DeXe Protocol (”the Protocol”) is an innovative open-source DAO constructor featuring a library of over 50 contracts continually developed and enhanced through the collaborative efforts of the community and contributors. The DeXe Protocol DAO governs the Protocol with the target of creating and advancing cutting-edge solutions for developing functional, transparent, and decentralized DAOs and constructing efficient mechanisms for decentralized governance.

The library includes comprehensive governance contracts, multiple voting models, reward distribution, decentralized treasury management, token delegation, various proposals templates, execution contracts, parameter settings, the ability to integrate custom proposals and custom voting systems, and much more. Naturally, these smart contracts integrate like the building blocks of a very advanced constructor.

Every single smart contract of the DeXe Protocol is open source. Thus, independent teams and developers can take any part of the Protocol and implement it in their own way, making the use cases limitless.

Here are some basic examples of what can be done with the DeXe Protocol:

  • Creating a DAO with very flexible settings, specifying different rules for different types of proposals and other governance activity

  • Using advanced governance logic (govern via fungible tokens, NFTs, SBTs, or a combination thereof)

  • Creating an audited governance utility token on the spot

  • Appointing Validators as a secondary security measure and assigning them to specific proposal types for a more nimble governance approach

  • Finding/approving experts as delegates for truly meritocratic governance while also assigning specific voting and reward weights based on meritocratic and anti-plutocratic criteria

  • Submitting an on-chain or off-chain proposal and organizing the discussion process to be more manageable and conducive to effective governance.

  • Voting on and executing a proposal on-chain without multi-sig wallets (every DAO built on the Protocol has its treasury smart contract)

  • Initial Treasury Allocation. It means exchanging governance power for contributions to a treasury. It allows DAOs to gain support for their ideas while angels receive governance power and ensure they are not contributing to a founder but a treasury

  • Building multilayer fractal governance models, where DAOs can contain DAOs (as an expert or a working group). Any member of a sub-DAO can make a proposal to the mother DAO, which is automatically created once his sub-DAO approves it

And more. At every cycle stage, the smart contracts allow DAO members to submit a proposal to change the settings. Again, the specific implementations may vary based on how the Protocol is integrated into various 3rd party products β€” that is up to the community of developers who want to use the Protocol's library to build their products on top of the DeXe Protocol. The big goal of the Protocol is to give developers and DAO creators the building blocks to build to the full extent of their dreams and goals.

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