The new dex head mining on Linea just launched today, for those who are into on-chain mining, you can take a look.
The project is Etherex @etherexfi
Today, at its peak, the annualized return reached 11115%, which is essentially a form of POS; those who got in early are reaping the rewards.
Looking at the voting situation, in epoch 1, only the REX/WETH pool has emissions, but from epoch 2, other stablecoin pools will also have emissions, allowing for mining, withdrawal, and selling.
Currently, several trading pairs also have high annualized returns, and the price of REX is stabilizing around 0.5.
As for the background, Etherex is launched in collaboration with Consensys and NILE, so there's no need to worry.
Here is the official website of Etherex: this type of liquidity mining probably won't have airdrops.
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