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1 Level
34 Review
40 Karma

Review on 0x by Julio Arvelo

Revainrating 5 out of 5

0x offers a trustless exchange protocol with a shared liquidity, this means aโ€ฆ

0x offers a trustless exchange protocol with a shared liquidity, this means a standard API is used so that relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online.

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Pros
  • It is open source, for free use. Is a decentralized solution for ETH based dapps that also provides its own DEX. Software developers working on a blockchain application that need the ability to buy and sell Ethereum chain assets can do so through this tokenized platform. It's meant to be a sort of all in one business solution for providing this service.
Cons
  • No backing (asset, profits, commodity)

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