According to Mars Finance, Etherex, the decentralized exchange platform jointly developed by Linea, Consensys, and Nile, will launch its native token, REX, on August 6th. Etherex is an upgraded version of Nile Exchange, built on Ramses v3 technology and utilizing the x33 token economic model. Its design goals include allocating 100% of the native incentive (REX) to liquidity providers (LPs); and 100% of transaction fees to xREX voting users. The native REX token will be distributed to LPs as liquidity rewards. Users can convert REX into xREX to vote for incentives in their preferred funding pools.