ZEIP-96 extends the existing
MultiplexFeature to provide two main benefits: (1) improve the gas cost of metatransactions and (2) allow multihop trades to include OTC orders.
MetaTransactionsFeature extensions will further improve 0x Labs’ Tx Relay product which is currently in beta with Robinhood, to be introduced on Matcha and other apps. For more information about this, check out the blog post here: https://blog.0x.org/0x-labs-launches-tx-relay-api-in-beta-with-robinhood-wallet-as-first-partner/
Metatransactions enable users to complete transactions gaslessly leading to a smoother user experience.
MultiplexFeature extension makes price competitiveness of meta-aggregation on top of 0x Protocol more competitive. Currently, routing that involves multiple hops excludes 0x Protocol OTC Order format, limiting the sources of liquidity that can be considered.
The audit for these new proposed changes has been completed by ABDK and can be found here: https://github.com/0xProject/ZEIPs/blob/master/zeip96_images/ABDK_0x_MetaTransaction_v_1_0.pdf The proposed code changes can be found here: https://github.com/0xProject/protocol/pull/665
We’d like to initiate a vote to approve ZEIP-96 to be incorporated into
exchangeProxy on Thursday.