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0x is an open protocol for powering decentralized exchanges, facilitating trading of any tokenized asset on Ethereum in a secure peer to peer environment. 0x project is about bringing the security benefits of a decentralized exchange together with the speed of real-time trading on a centralized exchange. ZRX token is a governance token for voting on protocol upgrades, it also implements a staking mechanism since 0x v3 where holders can delegate their tokens to market makers to receive rewards.