{"id":174477,"date":"2021-02-09T20:01:00","date_gmt":"2021-02-09T17:01:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/consensys-introduces-major-airswap-upgrades\/"},"modified":"2021-02-09T20:01:00","modified_gmt":"2021-02-09T17:01:00","slug":"consensys-introduces-major-airswap-upgrades","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/consensys-introduces-major-airswap-upgrades\/","title":{"rendered":"# ConsenSys introduces major AirSwap upgrades"},"content":{"rendered":"

“# ConsenSys introduces major AirSwap upgrades <\/strong>”
\n<\/p>\n

ConsenSys, one of the most prominent Ethereum software companies, has launched an updated version of AirSwap, a peer-to-peer exchange that promotes full decentralization and guaranteed prices.\u00a0<\/p>\n

ConsenSys introduced the new AirSwap on Tuesday, culminating \u201cPhase II\u201d of its development roadmap. The technical upgrades were based on AirSwap Improvement Proposals, or AIPs, which help the community select and prioritize new development projects on the network. <\/p>\n

The upgraded exchange will protect traders from both front-running and price slippage by leveraging the request-for-quote, or RFQ, protocol and atomic swaps for settlement, ConsenSys tells Cointelegraph. The company expects RFQ models will capture roughly 40% of decentralized trading volume in the future. <\/p>\n

Don Mosites, product lead at Codefi Markets and co-founder of AirSwap, explained:<\/p>\n

\u201cOn aggregators like MetaMask Swaps, we see ~40% of volume captured by Request for Quote models thanks to zero slippage, competitive prices, and efficient execution.\u201d<\/p><\/blockquote>\n

RFQ systems minimize gas costs and promote better pricing by professionals, Mosites said. The result is no slippage on trades of any size and no front-running or market manipulation. <\/p>\n

\u201cAirSwap RFQ solves challenges presented by AMMs,\u201d or automated market makers, Mosites explained. It also presents a better use case for over-the-counter, or OTC, trades. Mosites sa<\/a>id\u00a0\u201csome of the largest trades in DeFi have been on AirSwap OTC.\u201d<\/p>\n

\n

Last week, the biggest AirSwap trade to date: $2.75M $USDT<\/a> swapp<\/a>ed for $SNX<\/a> (@synthetix_io<\/a>) Use AirSwap for safe and efficient OTC trading at any size: https:\/\/t.co\/zg3GDpze1I<\/a> https:\/\/t.co\/VDVCYSyFgr<\/a><\/p>\n

\u2014 AirSwap (@airswap) July 23, 2020<\/a><\/p><\/blockquote>\n