0x charts path towards cross-chain asset exchange and liquidity aggregation
In a blog post on Friday, 0x Labs product manager Theo Gonella laid out the protocol’s ambitious plans to direct development towards a promising, if technically tricky horizon for permissionless exchange: seamlessly connecting the growing constellation of viable layer-1 blockchain platforms. As it looks to the future, however, 0x now plans to bring its vision of interoperability cross-chain.
The post laid out the signs of growth Ethereum competitor chains would have to exhibit in order for 0x to devote developmental resources, including unique digital assets, robust developer communities, and a deep pool of end users. Issues include porting wrapped assets of different standards across chains, opportunity cost for users who lock their tokens into cross-chain bridges, and necessary updates to the 0x infrastructure and tokeneconomic model, including staking and governance.
