Zeta Markets Unveils ZX Litepaper; Mainnet Launch Scheduled for Q1 2025
CryptoNewsTerminal Staff24 May, 2024
Zeta Markets Unveils ZX Litepaper; Mainnet Launch Scheduled for Q1 2025
Solana-based decentralized finance (DeFi) platform Zeta Markets has published the Litepaper for its Layer 2 (L2) DeFi offering, ZetaX (ZX). The platform aims to provide centralized exchange-like functionalities through a decentralized on-chain solution. According to the Zeta Markets team, the ZX L2 protocol has been specifically engineered to offer features akin to those found on centralized exchanges while maintaining a decentralized and on-chain architecture. The upcoming Mainnet launch is scheduled for Q1 of 2025. The ZX Litepaper provides a comprehensive overview of the project's technical design, tokenomics, and roadmap. Its core focus is to enable efficient and scalable trading experiences for users, leveraging the power of Solana's high-speed blockchain technology. Zeta Markets is committed to fostering a robust and open ecosystem for DeFi users and developers. With the release of the ZX Litepaper and the impending Mainnet launch, the platform aims to push the boundaries of decentralized finance and provide users with an unparalleled trading experience.
