@Arbitrum is raking in fee revenue. And @MakerDAO has an endgame.

📖Details (with stats, pics, and links) in the full article here 👉

📊State of the DAOs - May 16th  Singapore researchers created a better #DAO  voting mechanism.  @Arbitrum is raking in fee revenue. And @MakerDAO has an endgame.  📖Details (with stats, pics, and links) in the full article here 👉https://link.medium.com/WmrDt6MNQzb

The DeXe token (DEXE) claims to enable the open and permissionless system. Following protocol rules and contributing resources facilitates consensus between participants. The token has two vital functions:

(1) Automatic buyback and distribution among insurance vault, farming rewards among token holders and burning of tokens for a % of traders’ rewards. 

(2) Participation in DeXe DAO. It is not required to be a DEXE token holder to participate in DeXe.network and benefit from the several of its social trading functions. Moreover, DeXe is uploading DEXE smart contract into the open-source community which is free speech and is the fundamental tenants of its Memorandum. However, in order to be able to fully participate in the community, receive the voting right, contribute through proposals and benefit from the incentives inside the network, basically, to become the member of DAO, users are required to acquire DEXE.

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