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.
Cryptex protocol is governed and upgraded by CTX token holders, using three distinct components; the CTX token, governance module, and Timelock. Together, these contracts allow the community to propose, vote, and implement changes to the Cryptex protocol.