Consensys and its layer-2 network, Linea, are launching Etherex, a new decentralized exchange (DEX), on July 28th. This initiative, developed in collaboration with Nile, a DEX already on Linea, aims to bolster the DeFi ecosystem within the Linea network. Etherex DEX: Boosting Linea DeFi Etherex will offer users typical DEX functionalities like token swaps and liquidity provision. A key feature is the REX token, Etherex's native token, which will be distributed as a reward to liquidity providers. REX Token and Governance Liquidity providers can convert their REX tokens into xREX, granting them participation in the governance of the Etherex platform. This allows the community to actively shape the future development and direction of the DEX. The launch of Etherex signifies Consensys' continued commitment to expanding the capabilities and offerings within its Linea layer-2 network, providing users with more options within the growing DeFi landscape. ```