Decentralized trading platform Etherex will debut its native token REX on August 6th, introducing an innovative x33 token model. The architecture allocates 100% of liquidity rewards to REX holders and directs 100% of trading fees to xREX voters, aiming to enhance decentralized trading efficiency and participation.
REX holders can convert tokens to xREX to obtain governance rights, enabling direct influence over liquidity pool incentives. This framework allows the community to collectively determine reward distribution for preferred pools through voting mechanisms, reinforcing decentralized decision-making.
The platform leverages Ramses v3 technology as an upgraded successor to Nile Exchange, emphasizing community-centric governance. The approach prioritizes transparent reward structures while addressing core decentralized finance needs for user-aligned incentives and liquidity optimization.