DEXTF Token

The token of the Memento ecosystem

What is $DEXTF Token?

$DEXTF is an ERC-20 token originally launched on Ethereum in 2020 as the governance token for the Digital Fund Management Protocol. Initially tied to the DOMANI protocol (formerly known as the DEXTF protocol), it has now evolved into the native token of the Memento ecosystem, encompassing Memento ZKChain and next-generation decentralized asset management infrastructure.

As a governance token, $DEXTF empowers holders to propose, vote on, and shape the evolution of DeFi protocols, influencing key parameters such as fee structures, risk models, and smart contract upgrades. Governance rights are directly proportional to the amount of $DEXTF tokens held or delegated, ensuring a decentralized and transparent decision-making process.

Beyond governance, $DEXTF has historically functioned as a core incentive mechanism, rewarding investors, portfolio managers, and liquidity providers through a structured distribution model with vesting schedules designed for long-term sustainability.

With the expansion of the Memento ecosystem, $DEXTF’s role is set to grow significantly. It will serve as a utility token for transaction fees, staking, and cross-chain fund distribution within Memento ZKChain. Additionally, it will power a node-based infrastructure, enabling institutional participants to secure the network and earn rewards.

Ultimately, $DEXTF is transforming from a governance-focused token into a versatile, ecosystem-wide asset at the heart of institutional DeFi and digital fund management.

Key Concepts of $DEXTF Tokens

1. $DEXTF – A Multi-Utility Token $DEXTF is an ERC-20 token that originated as the governance token for the Digital Fund Management Protocol and has since evolved into the native asset of the Memento ecosystem, including Memento ZKChain. It plays a central role in governance, ecosystem utility, and network security.

2. Governance & Voting Rights $DEXTF holders can propose and vote on protocol changes, influencing key parameters such as system upgrades, risk models, and fee structures. Governance decisions follow a decentralized framework, with voting power proportional to the amount of $DEXTF delegated.

3. Delegation Mechanism To participate in governance, $DEXTF holders must delegate their voting rights to an address. Delegation can be assigned to one address at a time, including the holder’s own address. Without delegation, holders cannot vote or create proposals.

4. Proposals & Voting Process - A proposal is an executable code that modifies the protocol’s functionality. - To create a proposal, a user must have at least 0.5% of all $DEXTF tokens delegated to their address (500,000 $DEXTF out of 100,000,000 total supply). - Proposals undergo a 7-day voting period. If the proposer loses their voting weight during this period, the proposal may be canceled. - Users can vote for or against proposals once they have voting rights delegated. A proposal is approved if a majority votes in favor and a 5% quorum (5,000,000 $DEXTF) is reached. - Approved proposals are queued in the Timelock before implementation.

5. Evolution of Tokenomics Originally, $DEXTF had an incentive distribution model for investors, portfolio managers, and liquidity providers, rewarding participants based on fund performance, AUM, and liquidity contribution. While this model is no longer in place, it remains a testament to $DEXTF’s early role in pioneering decentralized asset management.

6. Expanding Utility in Memento ZKChain As the Memento ecosystem grows, $DEXTF is transitioning from a governance token to a multi-utility asset. It will play a role in multiple aspects of the ecosystem, including mechanisms that allow holders to receive a portion of revenues generated from Memento’s products.

7. Secure Custody All undistributed $DEXTF tokens and the tokens held in the company’s treasury are safeguarded in a multisig safe, ensuring that no single entity has unilateral control over the assets.

8. The Future of $DEXTF The role of $DEXTF will continue to evolve as governance participants shape its future within the Memento ecosystem. Positioned at the intersection of institutional DeFi and blockchain-based asset management, $DEXTF is set to support the next generation of financial innovation.