airswap-aips
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Published
20 hours ago •
airswap
airswap
AIP 57: Deploy AirSwap on Avalanche
Summary
- Proposal to deploy latest protocol contracts on Avalanche C-Chain.
- Liquidity mining program for Makers to bootstrap liquidity on Avalanche.
- Web app should also be updated to allow for swapping on Avalanche.
Specification
- Converter, Pool, Registry, Staking, and Swap contracts to be deployed on Avalanche C-Chain.
- Web app to include a chain selector to allow for RFQ swaps on Avalanche.
- 200K AST reward to be distributed to makers pro-rata based on individual volume share for initial 3 months (with a minimum of $1M volume per month) after contracts have been deployed.
- Registry will not initially include an AST staking requirement. Rewards should be used by Makers to stake into the Registry after the initial bootstrapping phase.
Rationale
- Avalanche (AVAX) has the highest TVL of all EVM compatible chains -- $9B locked with $734M in volume through TraderJoe.
- A few projects including XDEFI and Ethernaals are interested in using AirSwap on Avalanche.
- Launching on Avalanche would open up new opportunities for AirSwap OTC and RFQ and allow AirSwap to participate in the broader ecosystem.
Copyright
Copyright and related rights waived via CC0.
