AirSwap to Host Community Call on May 28th

AirSwap will hold a community call on Discord on May 28th at 18:30 UTC to deliver recent updates and outline forthcoming plans for its DAO.

Refer to the official tweet by AST:

AST Info

AirSwap is a decentralized token exchange platform based on the Ethereum blockchain. AirSwap technology powers peer-to-peer networks using de facto standard RFQ and LastLook protocols making it the top choice for traditional market makers entering the decentralized financial system.

Request-for-quote (RFQ) is an automated request-response protocol for market makers running web servers from which clients request orders via JSON-RPC or WebSocket. Maker servers respond to client requests with signed orders, which are assessed by the client who then has the option to complete the swap on-chain.

LastLook (LL) is an automated streaming protocol via JSON-RPC over WebSocket. With LastLook, market makers continuously stream asset prices to clients in real-time. Clients can then sign and transmit orders based on the prices they receive to the maker, who then has the “last look” and the option to complete the swap on-chain. LastLook also has the added benefit of being effectively gasless for the client.

AirSwap operates on the principle of a peer-to-peer network, which allows users to interact directly with each other without the need for intermediaries. This helps to ensure a higher level of privacy and reduce fees and transaction times.