Etherex Launches REX Token with 100% Liquidity Rewards on Aug 6
Etherex is set to launch its native REX token on August 6, offering 100% liquidity rewards to providers. The REX token can be converted into xREX under an x33 tokenomics model, granting governance voting rights and 100% of trading fee distributions. Built on Ramses v3 and upgrading Nile Exchange, Etherex optimizes transaction processing, trade execution and liquidity management. This governance-driven design aligns community interests with platform growth, promotes deeper pools and boosts long-term engagement in DeFi.
Bullish
The launch of the REX token with 100% liquidity rewards and a governance-driven x33 model is likely to attract significant liquidity and community participation. In the short term, traders may buy REX to stake for xREX and gain fee distributions, driving buying pressure. Over the long term, the Ramses v3 upgrade’s improved transaction processing and trade execution could cement Etherex’s competitive edge, supporting sustained demand for REX and deeper liquidity pools — a bullish indicator.