Veridex has voting power of over 450, 000 ZRX due to their staking pool. Veridex is an open-source ERC20 dex with trading, swap, launchpad and market maker tools build on top of ZRX protocol and extended ZRX-launch kit.

Veridex believes in ZRX vision of tokenizing the world and we also believe liquid democracy will found the best solution instead of one centralized party. However, liquid democracy only works when the decentralized parties as a whole are aware of their responsibility. We will try to do our part of the contribution to the ZRX ecosystem.

Veridex decides to vote yes on ZEIP-76 because it promotes more community engagement and also more responsibility on driving ZRX protocol. As such this new ZEIP to have good results on overall in the long-term, we as a community need to engage and propose solutions or ideas to be discussed and matured on the ZRX forum and discord, if we do not contribute, this ZEIP will bring an unnecessary burden to ZRX team.

Veridex is engaged in building and investigating market maker tools to be used by the overall ZRX community. More market-making tools will bring more value to the protocol in the long term and will create more competitive decentralized markets to be used by lending, margin and payment protocols. A prototype UI for market making is here (Read related article), an experimental bot for pure market making is being developed at the moment. Veridex is also running an experimental market maker community program and pool, read more about it here.

Veridex created a Grant at Gitcoin: https://gitcoin.co/grants/627/veridex if you like the work we are doing show us some love!

Thanks, ZRX for all the great available tools!

João Campos