Governance type: Compound Governor Alpha
Snapshot support: Non binding polls https://snapshot.org/#/cryptexdao.eth
Industry: Synthetic assets
Cryptex Finance is a synthetic asset platform. Users can post collateral (such as ETH or DAI) to mint fungible synthetic tokens corresponding to assets, indices, or other values that can be provided by an oracle feed. This allows for users to gain long or short exposure to a wide variety of assets even if they are not directly available on Ethereum. Cryptex’s current offering is TCAP, an index corresponding to the total market capitalization of all crypto assets.
CTX holders are responsible for managing key risk parameters and infrastructure for the platform. They also have control over a treasury of CTX tokens to be used for future incentives or development.
Treasury address(es): https://etherscan.io/address/0xa54074b2cc0e96a43048d4a68472f7f046ac0da8
Links and Resources