What exactly is ZigZag(ZZ)?

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ZigZag is a decentralized order book exchange platform that will soon be available on Ethereum's L2 Starknet. Its underlying mechanism, zk-rollups, is a layer 2 solution to Ethereum's scalability problem: by "rolling up" all transactions into a single item that requires verification (the rollup block), users can trade with near-zero transaction fees and optimal liquidity on all trades.

Primary Characteristics
Unrestricted Security. In L2, the value that ZK rollup can securely handle has no upper bound.
Finale in 10 minutes. All assets can be moved quickly and efficiently between ZK rollup and L1.
Each transaction costs 0.5k Gas. Among all existing and planned rollups, zkSync has the lowest real tx costs.
Fairness. zkSync makes Ethereum affordable and thus accessible to everyone.
Inclusion. zKSync is permissionless and promises to provide censorship resistance to L2.
Resilience. zkSync is determined to decentralize the platform gradually in order to avoid any attempt at one-party dominance.
With these features, ZigZag is able to carry out its philosophy of crypto ethos — decentralization — while fulfilling the zkSync vision of mass Ethereum adoption and true democratization of the crypto market.

ZigZag Token
ZigCoin is a native protocol token that collects all fees associated with the ZigZag protocol.

primarily serving as a governance mechanism However, ZigZag is in favor of the token's use cases being expanded. Its users will be able to vote on the use cases for the tokens as well as the airdrop. The DAO will decide on revenue sharing. As of 12:05 a.m. on July 4th, its current market price is $0.016.