AirSwap
Description
AirSwap is a decentralized exchange that uses an off chain matching system called the Swap Protocol which allows users to easily swap tokens for other tokens.
Pros
- Convenient swapping of tokens
- Single, global liquidity pool
- No fee system, Ethereum gas cost paid by taker
- AirSwap never holds user funds
- Swap Protocol provides protection against frontrunning and race conditions
Cons
- No viewable orderbook
- Taker pays Ethereum gas fees on each trade
- Time to settle depends on Ethereum network capacity
- Trade cost paid by taker fluctuates with Ethereum gas price
Interface
Resources
Podcasts
Decentralised: https://www.stitcher.com/podcast/nick-hollins/decentralised-podcast/e/56433043
Crypto Street: https://soundcloud.com/crypto-street-podcast/the-crytpo-street-podcast-episode-4-michael-oved/sets
Appetite for Disruption: https://player.fm/series/appetite-for-disruption-the-business-and-regulation-of-fintech/what-the-internet-was-for-information-the-blockchain-is-for-transferring-value-michael-oved