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From the fact it was designed side by side with a 1016, it is a 1016 homage. Note homage and not copy. It's also a design progression from the first Smith's Everest(nod to Explorer and Smiths Deluxe) re release meaning it has taken in some features of its own. It's somewhat a nod to the modern explorer 1, the 1016 and it's own watch.
Stonehedge
So which particular Rolex is the domed explorer sub an homage too?