Zeta Markets Releases DeFi Layer2 Zeta X Simplified Whitepaper, Mainnet Expected to Launch in Q1 2025. Zeta X aims to expand and redefine decentralized trading, matching the performance of centralized trading platforms.
According to the official announcement, settlement and consensus (DA) will be conducted on the native Solana L1. Execution will be handled by an off-chain zkVM-compatible matching engine, written entirely in Rust from the ground up, enabling high throughput and speed. The Z token will serve as the native Gas token, used for transactions on ZX rollup, and as a reward mechanism for staking holders who perform critical operations on Zeta X.
Tags:
DeFi
Zeta Markets
Source link:
https://x.com/ZetaMarkets/status/1793697553449714169
Note: The content of this article represents the author’s views only and does not constitute investment advice.
Original article link:
https://www.bitpush.news/articles/6784636
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