DeXe DAO Multi-Chain Staking Program is live with over $8.5M Pool
DeXe DAO community has voted to launch a multi-chain staking program valued at over $8.5 million, marking another milestone in the organization’s roadmap. As of January 14, staking is officially live for all $DEXE holders on BNB Chain and Ethereum, offering a seamless way to earn rewards while actively participating in governance.
Introducing Staking Governance
The newly launched staking program leverages DeXe’s Staking Governance feature, which enables users to lock their tokens for a specified period while maintaining their governance power. This innovation allows stakers to participate in DAO decision-making processes even while their tokens are staked, ensuring active engagement and contribution to the DAO.
All smart contracts for the staking program have been audited by AmbiSafe, ensuring the highest level of security. The audit report is available here: AmbiSafe Audit.
The staking program includes five tiers with lock periods of 1, 3, 6, 12, and 24 months. These lock periods provide flexibility and varying APY rewards based on duration. Staking pools are launched on both chains simultaneously, and participants can join the program via DeXe’s dApp intuitive interface directly from DeXe DAO page.
Significant Allocation and Impact
The staking program allocates a total of 526,250 DEXE tokens, valued at over $8.5 million based on current market prices.
- BNB Chain Pools: 500,000 DEXE tokens (100,000 tokens per tier)
- Ethereum Pools: 26,250 DEXE tokens (6,250 tokens per tier)
This substantial allocation reflects DeXe Protocol’s commitment to:
- Incentivizing active participation by rewarding DAO members for locking their tokens
- Attracting new users to DeXe’s ecosystem through competitive staking rewards
- Promoting technology adoption by showcasing DeXe’s cutting-edge Staking Governance feature, which serves as a powerful use case for other DAOs.
DeXe DAO’s Roadmap
This staking initiative follows a series of successful developments in DeXe DAO’s roadmap. Recently, DeXe Protocol deployed on Ethereum, consolidated its treasury into DeXe’s smart contract, and surpassed $1 billion in Total Value Locked (TVL).
By launching staking, DeXe DAO takes the next step in our mission to empower the community and strengthen the ecosystem. The program is expected to foster deeper engagement from existing members, attract new users, and showcase DeXe’s innovative governance solutions to the broader blockchain industry.
For further details on the staking program, read one of the proposals or join the conversation on our official Telegram chat
