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We describe a protocol that facilitates low friction peer-to-peer exchange of ERC20 tokens on the
Ethereum blockchain. The protocol is intended to serve as an open standard and common building
block, driving interoperability among decentralized applications (dApps) that incorporate exchange
functionality. Trades are executed by a system of Ethereum smart contracts that are publicly accessible,
free to use and that any dApp can hook into.
What problem will oxproject solve?
- 0X simplifies trades between ERC20 tokens.
- Anyone can use 0x as a backend to achieve decentralized exchanges.
- 0x protocol allows ERC20 users to trade through smart contracts to complete safe and fast transactions that do not require the trust of the third party. Finally, each asset, commodity, and stock may be tokenized. The purpose of 0x is to make the ERC20 Token trade at very high efficiency.
Smart contract address: 0xe41d2489571d322189246dafa5ebde1f4699f498
Official website: https://0xproject.com/