ZIP-7: zerozero DEX Unwind - DEX Governance Proposal


This proposal aims to present the zerozero Community with three options concerning the future of zerozero DEX.

  1. Shutting down the zerozero DEX, unwinding all liquidity positions and transferring all holdings to zerozero treasury wallets.

  2. Shutting down the zerozero DEX, and transferring all liquidity to Uniswap.

  3. Keeping the zerozero DEX as is - no changes.


The zerozero DEX currently has limited liquidity and trading activity, which is not serving either the community of 00 tokenholders or the community of creator tokens (CREA) holders effectively. The zerozero community acknowledges that listing creator tokens early in their lifecycle is not necessarily an effective way to build or value the creator tokens, and in turn value the zerozero community treasury. Other ways to value creator tokens, such as working with Web3 partners exist and can make CREA tokens valuable to their communities without being listed on an exchange.

This being said, it is possible that the limited trading activity is due to limited visibility of the new zerozero DEX. If the community feels strongly this is the case, an alternative strategy is to use the current liquidity of $00 and CREA tokens to create liquidity pools of the same size on a larger decentralized exchange, which we propose to be Uniswap. While this will not necessarily increase liquidity, trading activity or the value of creator tokens, the increased attention to these creator tokens may be a tailwind for CREA tokens and in turn $00 holders, who would still own the liquidity positions on Uniswap.

Finally, an option to keep the DEX as is, and hope for renewed trading activity and liquidity is also a possibility.


The zerozero Community’s mission is to empower creators and users by providing a sustainable ecosystem for creator tokens. Deciding on the future of the zerozero DEX aligns with this mission by ensuring that resources are efficiently utilized to best serve the community.


Wallets mentioned during the following processes include:

The options presented in this proposal are:

  1. Shutting down the zerozero DEX, unwinding all liquidity positions, and transferring all holdings to the zerozero Treasury Wallet.

This option involves closing the DEX platform ( and redeeming current liquidity positions in the form of LP tokens for their current 00 and creator token equivalents. Only the front-end and liquidity will be affected. Specifically, the LP tokens mentioned below would be redeemed for their corresponding worth in CREA and $00 by the ZZL Operational Multi Signature Wallet:

The tokens received in return for that liquidity position ($00 and $CREA) would be transferred to the zerozero Treasury Wallet.

  1. Shutting down the zerozero DEX, and transferring all liquidity to Uniswap.

This option involves unwinding all liquidity positions as proposed above and creating the liquidity pools with the $00 and CREA on Uniswap.

This will effectively place the same amount of liquidity for 00 and creator tokens on a different DEX, the Uniswap DEX, in the hopes that greater visibility will lead to greater and more organic volume.

  1. Keeping the DEX as is.

This option involves maintaining the current state of the zerozero DEX without any changes.

Steps to Implement

  1. Conduct a community vote to decide on one of the three options.

  2. Based on the outcome, proceed with the necessary technical and administrative tasks to execute the chosen option.

  3. Communicate the results and next steps to the community.


Voting period: 7 days from the proposal posting date

Implementation: Within 30 days of the vote conclusion

Overall Cost: The costs will vary depending on the chosen option:

  • Shutting down the DEX and unwinding all liquidity positions: Limited costs associated with smart contract interactions and gas fees.

  • Shutting down the zerozero DEX, and transferring liquidity to Uniswap: Limited costs associated with smart contract interactions and gas fees.

  • Keeping the DEX as is: No additional costs.

Please ensure to vote for the option you believe will best serve the zerozero Community’s interests and growth. Your participation is essential in shaping the future of our ecosystem.


Very good, choice, I support 2


I really prefer the second option (2) because it will give to P00LS a greater visibility !!


I totally agree with you !


The votes are in! The community has voted on ZIP-7. In the next few days, we will begin transferring the liquidity held by the zerozero DAO to Uniswap.

We will communicate when this is completed.

1 Like

big project. p00ls is big . web3