airswap / airswap-aips

AirSwap Improvement Proposals
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AIP 68: Integrate AirSwap into ParaSwap #69

Open agriimony opened 2 years ago

agriimony commented 2 years ago

Summary

Specification

Create an AirSwap adapter to integrate the AirSwap RFQ protocol into ParaSwap DexLib to provide liquidity to ParaSwap on ETH/BSC/MATIC/AVAX. AirSwap will continue to take 0.07% of all volume through our protocols.

Full specification can be found at https://github.com/paraswap/paraswap-dex-lib

Rationale

ParaSwap is a DEX aggregator available on ETH / BSC / Polygon / AVAX. AirSwap protocols are already available on all these chains.

Approximately $125M is traded every week on ParaSwap (https://dashboard.paraswap.io/public/dashboard/dcc1ec4f-c84b-44a4-b3ce-8b794c3fed91). Currently, AirSwap provides ~10-20% of daily volume on MetaMask Swaps on ETH/Stablecoin pairs.

For example, if AirSwap manages to provide 10% of ParaSwap’s volume, it would add an extra $12.5M in volume per week ($8,750 in weekly fees) to the AirSwap protocol.

Copyright

Copyright and related rights waived via CC0.