Does Matcha have its own Token?

While Matcha does not have its own token at this time, the platform is built using 0x protocol which does have its own token - ZRX.

ZRX is a governance token. Similar to CRV, YFI, and COMP, owning the token allows you to drive the direction of how the protocol will evolve. ZRX is also a staking token. Protocol fees generated via Matcha trades get distributed as liquidity rewards to registered market makers, and in turn, to token holders who stake their pools.

ZRX works to improve the efficiency and liquidity of digital asset exchanging by providing liquidity to cross-chain markets. It is designed to provide an open and community driven approach to token trading, allowing users to form decentralized marketplaces.

For more information on how the ZRX token works, check out this explainer video.

If you're interested in trading ZRX, you can do right here on Matcha.
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