What advantages does ZRX offer to Coinbase that led to its listing?
Andrii DavydenkoDec 25, 2021 · 3 years ago3 answers
What specific advantages does ZRX provide to Coinbase that convinced them to list it?
3 answers
- Dec 25, 2021 · 3 years agoZRX offers several advantages to Coinbase that led to its listing. Firstly, ZRX is an open protocol built on the Ethereum blockchain, which allows for the creation of decentralized exchanges. This aligns with Coinbase's vision of promoting decentralized finance and expanding their offerings beyond traditional centralized exchanges. Additionally, ZRX provides a unique governance model that allows token holders to participate in the decision-making process of the protocol. This decentralized governance structure adds transparency and community involvement, which Coinbase values. Lastly, ZRX has a strong development team and a growing ecosystem of projects built on top of the protocol, which enhances its value proposition for Coinbase and its users.
- Dec 25, 2021 · 3 years agoCoinbase listed ZRX because it offers a decentralized exchange protocol that aligns with their long-term vision of promoting decentralized finance. By listing ZRX, Coinbase is able to expand its offerings beyond traditional centralized exchanges and tap into the growing demand for decentralized trading. ZRX's unique governance model, which allows token holders to participate in the decision-making process, adds an extra layer of transparency and community involvement. Additionally, ZRX has a strong development team and a growing ecosystem, making it an attractive asset for Coinbase to list.
- Dec 25, 2021 · 3 years agoAs a third-party observer, it is evident that ZRX's listing on Coinbase was driven by the advantages it offers. ZRX's open protocol built on the Ethereum blockchain enables the creation of decentralized exchanges, which aligns with Coinbase's goal of promoting decentralized finance. The unique governance model of ZRX, where token holders have a say in the decision-making process, adds transparency and community involvement. Furthermore, ZRX has a strong development team and a growing ecosystem, making it an appealing asset for Coinbase to list and attract users interested in decentralized trading.
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