What currency is AST (Airswap)?

php editor Baicao explains for you: AST (Airswap) is a blockchain digital currency designed to build a trustless decentralized trading platform. AST tokens can be used to pay transaction fees, participate in Airswap ecosystem governance, etc. AST is committed to providing efficient and secure digital asset trading services and has the potential to become an important player in the field of digital currency trading.

What currency is AST (Airswap)?

AST, the full name of Airswap, is a decentralized trading protocol and corresponding tokens based on the Ethereum blockchain. Airswap was developed by a company called Fluidity to provide a secure, efficient and decentralized cryptocurrency trading solution.

Features of AST Coin

AST Coin has some unique features that make it unique in the cryptocurrency market.

AST coin is a decentralized cryptocurrency. This means that AST transactions are not controlled and supervised by a central agency, but rely on smart contracts and blockchain technology to achieve transaction transparency and security.

AST Coin also enables peer-to-peer transactions, which means buyers and sellers can trade directly without trusting a third party. Not only is this transaction model faster and more efficient, it also reduces transaction fees.

In addition, AST coin adopts a unique trading mechanism called "No Order Book" (Order Book). Traditional exchanges usually require buyers and sellers to match transactions through order books, but the AST protocol introduces a new mechanism called "Ocean Visibility". This mechanism allows buyers and sellers to publicly display their willingness to trade on the network and thus contact each other directly on the network to complete transactions without relying on traditional order books. This decentralized trading approach provides users with greater flexibility and transparency, promoting a faster and more efficient trade execution process.

Use of AST Coin

AST currency is not only the core token of the Airswap protocol, but also has some other uses.

AST coins have multiple uses in the Airswap protocol. Users can use AST to pay transaction fees to ensure smooth transactions and bring economic incentives to holders. This design helps maintain the effectiveness of the protocol and user participation, while also promoting the circulation and application of AST coins in the ecosystem.

In addition, AST currency also has functions for protocol governance. Holders of AST coins have the right to participate in the decision-making and voting process of the protocol, thus affecting the development and update direction of the Airswap protocol. This mechanism helps stimulate community participation and promotes the formation of consensus.

Finally, AST coins can also be used as discount rewards for over-the-counter transactions. The Airswap protocol allows users to trade over the counter and receive discounted rewards based on the amount of AST they hold.

Development Prospects of AST Coin

AST currency, as the core token of a decentralized trading protocol, has great development prospects.

First, as the cryptocurrency market continues to develop and cryptocurrency trading becomes more popular, the demand for decentralized trading protocols will also increase. As one of the leading decentralized trading protocols, AST is expected to be favored by more users.

Secondly, the technical architecture and unique advantages of the AST protocol give it a competitive advantage in terms of transaction efficiency and security. This provides the potential for the value of AST coins to grow.

Finally, the application scenarios of AST currency are constantly expanding. In addition to serving as a transaction fee and governance token, AST coins are also expected to play more roles in other fields and provide more functions and applications.

Summarize

AST currency, as the core token of the Airswap protocol, is a decentralized cryptocurrency trading solution. AST coin has the characteristics of decentralization, peer-to-peer trading and no order book, and can be used to pay transaction fees, participate in protocol governance and enjoy OTC discounts. AST coin has great development prospects, and it is foreseeable that its status and influence in the cryptocurrency market will continue to increase.

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