Cryptex Finance is a multi-network DeFi protocol that provides Crypto and NFT users easy access to fully-decentralized index tokens. The protocol uses Ethereum smart contracts, over-collateralized vaults, and Chainlink data oracles to create indexes for users around the world in a trustless way.
Cryptex Finance is a Decentralized Autonomous Organization (DAO), governed by holders of CTX tokens. CTX was created through a fair launch to promote transparent, community-based governance. CTX holders can vote on proposals, upgrades, and treasury management.
CTX is an ERC-20 utility and governance token with various use cases within the Cryptex Finance ecosystem. CTX token holders can vote on upgrades and management of the Cryptex treasury, create proposals and vote on said proposals, such as continued incentives for product development and other solutions to advance the Cryptex decentralized autonomous organization (DAO).
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