By focusing on our strengths and aiming for further decentralization in 2019, the AirSwap team built a completely new product and protocol stack that is only beginning to realize its possibilities and impact.
As the year began, we set out to broaden our view of what could be done with the system and imagine its unique strengths. We quickly settled on two: big trades and good prices. The team delivered three major products over the course of the year with these in view.
Halfway through the year, we made a conscious decision to “take flight” and untether the AirSwap network from our team capacity and infrastructure, striving for immutability, open development, and sound direction. New protocols and processes are making this possible.
We’ve come a long way to become more open to developers and partners, participating in more events, hosting hackathons, and delivering industry-leading product and developer experiences with a bright path forward.
A look back at 2019
DexIndex made it easy to get the best price for a trade.
In January we introduced DexIndex, an open-source tool that searches Ethereum decentralized exchanges to find the best token prices. It’s a simple tool with extensible support for now 13 DEXs thanks to several contributions by the developer community. It’s become a daily stop for many traders.
AirSwap Instant got a major update and continues to grow.
In April, AirSwap Instant got an update to 2.0, with a new look, refreshed user experience, and several protocol improvements to help traders make the trade they’re looking for. Because it’s peer-to-peer, makers on Instant are able to offer better prices than through many other alternatives.
AirSwap Trader freed OTC groups from escrow scams.
In August, we released AirSwap Trader, a refined “trustless escrow” for OTC traders, designed from our takeaways building our former product, AirSwap Spaces. Trader is the “atomic swap” brought to life through a clean frontend, providing a safe way for OTC trading communities to transact.
Indexers became fully decentralized smart contracts.
At the same time in August, we published the first details on the new AirSwap Protocols. The AirSwap indexer, used for automated counterparty discovery, was to be implemented through smart contracts, making for a simple, fully decentralized peer-to-peer trading network.
Delegates opened the door to on-chain liquidity integrations.
We recently completed a new component known as delegates — smart contracts that provide quotes and take orders. They’re simple to setup and manage, and are a good fit for traders with fixed prices in mind who wish to maintain custody of their tokens while trading.
Maker Kit made it easy for anyone to join the network.
In November we introduced Maker Kit, a command line interface (CLI) for interacting with indexers, tokens, and peers on the AirSwap network. We also introduced an example and tutorial for how to deploy an automated maker bot in just a few steps.
Fluidity Summit bridged traditional and decentralized finance.
On May 9th, the team hosted the second Fluidity Summit, at which AirSwap was among many teams, projects, and companies all gathering to envision and realize the future of finance, rebuilt on a new, decentralized foundation.
ETHNewYork brought the Ethereum community to Brooklyn.
In mid-May, ETHGlobal came to New York with members of the AirSwap team hacking, and others participating in talks and supporting the AirSwap sponsor table. It was a great experience for the team and the first opportunity to re-introduce AirSwap as a network for developers.
Devcon5 was an opportunity for the AirSwap team to shine.
In early-October, Ethereum went to Osaka, with 5 members of the AirSwap team presenting, and another 5 in attendance. We covered encryption, design, coding, tools, and infrastructure. We came away with rekindled friendships and an optimistic view on the future of Ethereum.
What’s coming in 2020
With the new protocols complete and deployed to mainnet, the AirSwap product team and our development partners are hard at work bringing new products and features online that take advantage of new kinds of tokens, on-chain liquidity, and open source development.
We welcome you to join our community and to build on AirSwap, with thanks to you and to the Ethereum trading and developer communities for making 2019 our best yet. Here’s to carrying the momentum into 2020 and another great year ahead.
AirSwap enables peer-to-peer trading on the Ethereum blockchain. Built on a decentralized protocol, traders can add or remove liquidity through a suite of trustless products that are easy to use and free. Our mission is to empower the world with frictionless trade.