BlockBeats news, August 4, Linea, Consensys, and Nile collaborated to launch the decentralized trading platform Etherex, announcing that its native token REX will be launched on August 6.
Etherex is an upgraded version of Nile Exchange, built on Ramses v3 technology and adopting the x33 token economic model. Its design goals include 100% of the native incentive (REX) allocated to liquidity providers (LPs); 100% of the transaction fees belonging to xREX voting users. The native token REX will be distributed as liquidity rewards to LP users. Users can convert REX into xREX to vote for incentives on their preferred liquidity pools.
