We’ve printed a draft for ZEIP-31, which proposes an improve to the 0x protocol to make the most of new ZRX token economics. ZEIP-31 proposes new community economics which are supposed to create the incentives crucial for efficient token-based governance, arrange the group to sustainably fund ecosystem progress, and reward market makers for offering liquidity.

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Beneath the proposal, takers pay a small protocol payment on every 0x commerce. Market makers (MMs) obtain a liquidity reward that’s proportional to: 1.  the protocol charges generated from their orders and a pair of. their stake of ZRX tokens. MMs who don’t personal adequate ZRX to gather liquidity rewards will be capable of kind a ZRX staking pool for third-party delegators. We goal to incorporate ZEIP-31 in 0x protocol v3.zero in Q3 2019 if accredited by way of token vote by ZRX tokenholders.

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The 0x Core Staff could be very enthusiastic about this proposal and is searching for suggestions from the group! After studying via all of the ZEIP-31 content material, be at liberty to begin asking questions on this thread. We are going to start answering inquiries on April 15th at 11am.

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**ZEIP-31 Sources**

* [Here is the announcement blog post](https://blog.0xproject.com/0x-roadmap-2019-part-4-proposal-for-stake-based-liquidity-incentive-52c16558df29)
* [Here is the ZEIP in Github](https://github.com/0xProject/ZEIPs/issues/31) for technical suggestions and analysis
* [Here is the technical whitepaper](https://forum.0x.org/t/research-on-protocol-fees-and-liquidity-incentives/340) that digs into the financial principle behind the proposal
* [Here is a presentation on YouTube](https://youtu.be/s2wlzlQxd5E) giving a high-level overview of the proposal

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