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0x expands partnership with Celo to distribute $4.5M to DAO ecosystem

Published 12/03/2021, 11:44 AM
Updated 12/05/2021, 02:00 PM
© Reuters.

0x and Celo have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s ecosystem via its community-centric decentralized autonomous organization (DAO).

The news follows an agreement penned in mid-November between the two firms to integrate a zero-cost 0x API functionality on the Celo blockchain to enhance the experience of DeFi developers seeking to access multi-chain aggregated decentralized exchange (DEX) liquidity services.

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