📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Etherex exchange launched the REX token on Linea with a gradual fee reduction mechanism.
Etherex, a new DEX built on the Linea network (Ethereum Layer 2 of Consensys), officially launched the REX token on August 6th. To prevent trading bots, the initial REX purchase orders will incur a 50% fee, which will gradually fall to 2% over the course of 30 minutes.
Etherex will launch on July 28, 2025, in collaboration with Linea, Consensys, and Nile. The tokenomics of the platform is similar to Ramses v3: there is no token allocation for the team, and all fees are redistributed to holders. In addition to REX, the ecosystem also includes xREX and REX33 – a model that allows for instant trading of voting rights without the need to lock tokens for four years.
REX integrates an auto-compounding mechanism and tokenomics x(3,3), aiming to build a "smarter" DeFi stack.
As of 3 AM ET, the price of REX reached approximately 0.604 USD with a market capitalization of 213.5 million USD according to Dexscreener.
Co-founder of Ethereum and CEO of Consensys, Joseph Lubin, commented: "REX unlocks a new layer of liquidity for Linea and the Consensys ecosystem, bringing us closer to modular and programmable DeFi."