From 628c0bddc1e48d0390513a63aa692bffa6231ec9 Mon Sep 17 00:00:00 2001 From: "Dr. Mia von Steinkirch" <1130416+F4DELEGATECALL@users.noreply.github.com> Date: Sun, 16 Oct 2022 16:52:27 -0700 Subject: [PATCH] =?UTF-8?q?=F0=9F=8D=8D=200x=20protocol?= MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit --- 0x_protocol/README.md | 20 ++++++++++++++++++++ 1 file changed, 20 insertions(+) diff --git a/0x_protocol/README.md b/0x_protocol/README.md index 9a7da0a..116ca7a 100644 --- a/0x_protocol/README.md +++ b/0x_protocol/README.md @@ -2,8 +2,28 @@
+### tl; dr + +* 0x request-for-quote (rfq), mev proof + zero slippage trades +* all communication happens off-chain until settlement, making the system extremely gas efficient for market makers +* trades are impossible to front-run or sandwich: no mev +* trades have zero slippage, zero fees (aside from gas), and are settled at a predetermined price +* highly capital efficient (max trade size = balance of market marker) +* rfq liquidity is composable +* off-chain orders, on-chain settlement +* the `txOrigin` field must be set and enforces that the order can only be filled by the specified address - it is impossible for any other trader or bot to front-run the trade. + + + +
+ +---- + ### resources
+* [matcha.xyz](https://matcha.xyz/) +* [RFQ orders official guide](https://protocol.0x.org/en/latest/basics/orders.html#rfq-orders) * [0xv4 RFQ order guide](https://gist.github.com/lampshade9909/cf16b2aa198e4df8d00702ffd7bf506a) +* [0x at mev.wtf](https://docs.google.com/presentation/d/1kde_3RPgHJP0vOP8GG92mlA7VtdGdHiGdrEGhFhx-5U/edit#slide=id.g465c39fec5_0_1309)