Proposal: ZB-DEX
Proponent(KSM Address): D8f8n4BzBLJnJFaD6zNheNBTes6Awbao9zTUmNSskxzms6a
Date: 09.07.2020
Requested KSM: 20400 KSM equivalent
Short description:
ZB Foundation will build a decentralized digital asset exchange platform, called ZB-DEX. It use Substrate technology to build. As a parallel chain of Kusama network, it will provide decentralized exchange market for Kusama users. ZB-DEX will adopt the 0x protocol to implement a high-performance and high liquidity exchange market. ZB-DEX will adopt the cross-chain gateway protocol to implement the flexible and extensible cross-chain assets escrow scheme.
For the future security of ecosystem, ZB-DEX will open source its own off-chain multisig algorithm to support trusted organizations to build their own off-chain multisig asset escrow network. In the future, ZB-DEX will create more applications in TEE(Trust Execution Environment) to satisfy the needs of privacy transaction and key escrow.
ZB Foundation believes that ZB-DEX will bring unprecedented experience to Polkadot supporters.
Proposal application document: here