FAQs
What is BlockSwap AI?
BlockSwap AI is a decentralized project that offers Hedging Contracts as a tool for hedging against the volatility of digital asset prices. The goal is to provide all DeFi users with a decentralized tool built on blockchain infrastructure through a series of smart contracts. The Hedging Contract product is currently available on the Ethereum blockchain, Optimism's Layer-2, and Linea Layer-2, and you can find explanatory documentation in this link. At the time of writing, Hedging Swaps are available in the ETH/USDT, WBTC/USDT, and XPAXG/USDT pairs.
How does BlockSwap fit into the regulatory framework for onboarding institutional clients?
The Blockswap team is aware that the issue of institutional adoption of DeFi is important and applies to all business-oriented protocols. Other industry players are already extremely active in solving these issues, such as Consensys with Metamask Institutional, Bitgo, Coinbase, and FalconX. These platforms remove all the complexity of compliance management, reporting, and custody on behalf of clients, and thanks to the hundreds of millions of dollars in funding they have received, they develop solutions that are increasingly easy to adopt for well-structured companies. The presence of a Foundation is useful as a bridge with these realities.
What is the BlockSwap Protocol?
The Protocol refers to the set of smart contracts that make up the BlockSwap Project, which is a set of codes written on the blockchain that allow users to use the Hedging Contracts tool.
What is the function of DAO?
The function of a DAO is to make the best decisions for the development of a project. In the case of MetalSwap, the governance of the project is entrusted to the MetalSwap DAO, which becomes effective through direct voting on proposals. The MetalSwap DAO consists of XMT token holders and contributors to the project, who discuss and propose improvements through official channels and vote on active proposals in the Governance section of the MetalSwap website.
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