**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](https://docs.google.com/document/d/1COq8eGICNXMTVQv8Di5gMQLegcHxprkL26B3jVnc6JI/edit?usp=sharing)

- ZB Foundation wants to build a decentralized digital asset exchange platform called ZB-DEX.
- It will use Substrate technology and be a parallel chain of the Kusama network.
- ZB-DEX will provide a decentralized exchange market for Kusama users.
- It will use the 0x protocol for high-performance and high liquidity exchange.
- ZB-DEX will also have features for security and privacy transactions.

#156 ZB-DEX: The ZB decentralized digital asset exchange platform