DgxT

DgxT refers to the Decentralized Governance Token of the NexusDAO ecosystem. NexusDAO is a decentralized autonomous organization focused on building and managing a suite of DeFi products and services. DgxT is the native utility and governance token of this platform.

Holders of DgxT are granted the ability to participate in the governance of NexusDAO. This includes voting on proposals related to protocol upgrades, treasury management, new product integrations, and other strategic decisions. The token's utility extends to potential staking mechanisms, where users can lock up their DgxT to earn rewards or gain enhanced access to NexusDAO's offerings.

The token plays a crucial role in aligning the incentives of the NexusDAO community with the long-term success of the ecosystem. By distributing DgxT, NexusDAO aims to foster a decentralized and community-driven approach to its development and operations. The specific economic model and utility of DgxT are subject to the governance processes established by NexusDAO itself.