After successful completion of the first milestone, we are pleased to submit our proposal for the second and final milestone of the LocalCoinSwap non-custodial trading implementation for Polkadot.
Github: https://github.com/LocalCoinSwap/
Homepage: https://localcoinswap.com/
Intro:
LocalCoinSwap is a P2P cryptocurrency exchange which focuses on providing trustless fiat on-ramp solutions, enabling global accessibility for cryptocurrencies. We bridge the gap between users and crypto where centralized exchanges fail, in particular across developing regions of the world where access to mainstream finance is limited.
In the first milestone of this project we extended the kusama-utils library that we previously built to create a generic substrate-utils library. We also extended the Kusama-api to create a generic Substrate-API. These packages are now generically useful for any number of substrate parachains and tokens.
For the second milestone, we will be utilizing these libraries to allow Polkadot to be fully tradable on the LocalCoinSwap API as well as through the LocalCoinSwap front-end application. This includes end-user wallet functionality, non-custodial P2P trading, basic and advanced pricing mechanisms as well as allowing crypto-to-crypto swaps.
Please check out our detailed proposal below and we welcome any questions or feedback: https://docs.google.com/document/d/1vP54xXbJxPC1nJQ0RA7TC4S16mFAuNvSP6iDxfFFcPc/edit