What's the ecosystem of ZigZag(ZZ)?

Venus1100

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On the L2 Starknet of Ethereum, ZigZag, a non-custodial and decentralized order book trade platform, will shortly go live. Its fundamental technology, zk-rollups, is a layer 2 answer to Ethereum's scalability problem: by "rolling up" all transactions into a single thing that needs to be verified (the rollup block), users can trade with almost no transaction costs while enjoying optimal liquidity on all deals.

Ecosystem of ZigZag
On Ethereum's L2 Starknet, a permissionless decentralized ZK-Rollup, the ZigZag protocol for L2 Starknet will debut. Notably, by creating STARK proofs off-chain and then confirming those proofs on-chain in a single block (the "rollup block"), Starknet resolves the scalability issue of L1. Its StarkNet Contracts smart contract technology reduces counterparty risk by relying on algorithms and is adaptable enough to meet every business logic. Additionally, StarkNet offers Ethereum-level composability and guarantees a seamless and efficient experience when building and innovating.

StarkNet, which powers dYdX, Sorare, Immutable, DeversiFi, and Celer, has been operational on the Ethereum Mainnet since June 2020. Starknet anticipates releasing additional features in the near future, including a range of data accessibility solutions and a permissionless sequencer and prover.

What is ZigZag Token?
The ZigZag network's native protocol token, ZigCoin, combines all fees.

serving mainly as a governing tool However, ZigZag is in support of the token's use cases being expanded. Users will have the ability to vote on the use cases for the tokens and the airdrop. The DAO will select how to divide the proceeds. As of July 4 at 12:05 AM, its current market value is $0.016.
 
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