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Linea's On-Chain DEX Etherex to Launch Native Token REX on August 6
Summary: In a recent announcement, Linea, Consensys, and Nile collaborated to launch the decentralized exchange platform Etherex, which will introduce its native token REX on August 6. Etherex, an upgraded version of Nile Exchange built on Ramses v3 technology and utilizing the x33 token economic model, aims to distribute 100% of native incentives (REX) to liquidity ...
In a recent announcement, Linea, Consensys, and Nile collaborated to launch the decentralized exchange platform Etherex, which will introduce its native token REX on August 6. Etherex, an upgraded version of Nile Exchange built on Ramses v3 technology and utilizing the x33 token economic model, aims to distribute 100% of native incentives (REX) to liquidity providers (LPs) and allocate 100% of trading fees to xREX voting users. The native token REX will be rewarded to LP users as liquidity incentives. Users can convert REX to xREX to vote for their preferred pools.
