This article was first published on 0x Blog - Medium
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The 0x v3 proposal was approved and will go live on November 25th!
Important information for the developer community on how to migrate to v3.
Last week, we kicked-off the vote on 0x v3, also known as ZEIP-56. ZRX holders had the opportunity to vote from November 4th through the 11th. We are thrilled to announce that ZEIP-56 was approved by the token holders! Thanks to everyone who participated in the voting process.
As with previous votes, the 0x Core Team collected cryptographically signed votes off-chain and tallied up votes based on a snapshot of ZRX balances at a given block height. Again, this is a temporary coordination process that we are using until we transition to a binding on-chain mechanism.
We are very excited about the launch of 0x v3, as this upgrade will deepen networked liquidity and improve the developer experience building on 0x. The features included in v3 enable 0x to become a community-owned liquidity API and the DEX liquidity aggregator for the greater DeFi ecosystem.
Here’s a recap of the vote results:
- 6,608,613 ZRX used
- In Favor: 99%
- Against: 1%
What happens now?
In two weeks, 0x v3 will be connected to 0x’s AssetProxies contracts. This means that all of the new features developed in v3 will be available for DeFi apps, relayers and traders.
There are a few steps developers need to take in order to enjoy the benefits introduced by this new release, which include ZRX staking, liquidity bridges for DEX aggregation, and other technical features.
The purpose of the following sections is to provide the necessary details to ensure the migration to v3 is as smooth as possible. A number of teams are already in contact with the 0x Core Team regarding the v3 update, and we encourage anyone who needs migration support to contact us in ...
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0x Blog - Medium
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