What is Dex Token? Defi's heart beats in these tokens! 🔁💎

The decentralized stock exchanges (Dex) is one of the most powerful structures in the crypto world. But do you know the hidden heroes that keep these platforms alive? 🤔 Answer: Dex Tokens! 💥 Dex tokens are multi -functional crypto assets that shape both the economy and management of a Dex. What exactly do these tokens do? Let's see together! 👇 🔹 🔹 1. Governance (Governance) 🗳️ Dex Token holders have the right to vote in decisions that determine the future of the platform. 📌 Example: You can vote for Uniswap protocol updates with UNI. 🔹 2. Liquidity incentives 💧 Users who provide liquidity are rewarded with Dex Tokens for their contributions. 📌 This means more transactions and better price. 🔹 3. Processing fees 🔁 Dex tokens on some platforms are used to reduce or direct process fees. 📌 DYDX Token has active use in this field. 🔹 4. Stinging and return 🌾 to token to get passive income. 📌 Those who stak Cake Token win prizes. 🔹 5. Taking a share of platform enlargement 📈 As Dex grows, token owners benefit from the increase in value. 💠 Dex Token Examples: 🔸 Uniswap (UNI) - Ethereum -based largest dex 🔸 sushiswap (Sushı) - liquidity mining and community -oriented structure 🔸 Pancakeswap (Cake) - King of BSC Ecosystem 🥞 🔸 DYDX (DYDX) At the time of the decentralized finance world, decision -making and income -generating keys are the keys. It is very important that you understand the roles of these tokens while stepping into the defi universe! 🚀 #dex #dextoken #defi #uniswap #Pancakeswap #sushiswap #staking #governance