AllArk.io

u/AllArk@monero.town
9 posts · 24 comments

Recent posts

Recent comments

Hi,

  1. Fees are in the FAQ. Usually from 0%-3.5% depending on the payment method. We do not convert XMR to stables so volatility affects trades slightly.

  2. The XMR dex is a priority for us, we are looking at ways to either incorporate atomic swaps or work with existing projects or contribute to them so we can integrate the solution :)

  3. The goal of XUSD and WXMR is to allow DEX trading on ETH to allow real price discovery instead of the naked shorting by CEXes that do not hold XMR. XUSD and WMXR can both be redeemed both for XMR or straight cashed out with KYC. XUSD's purpose is to give an avenue of stability for WXMR holders on chain or those who wish to mint WXMR and convert to stables, we will be working on introducing an XUSD-DAI pool as well in the future. Lastly, all WXMR are backed 1:1 by XMR. Eventually we aim to use #2 to develop a trustless bridge between XMR and ETH. :)

Regards

Hi,

It seems you are confused into what our Dex does, anyway, if you can be more specific by what you mean by "buyers" and "seller" we can try and answer your question. Its a DEX supporting ETH, Arb and BSC with a leveraged DEX supporting Arb and AVAX. Its not complicated and the XMR side has little to do with the DEX side.

From an XMR perspective there are only sellers and we purge all records of transactions and transaction details daily and use an in-house solution to receive payments with zero third parties. :)

Regards

Hi,

We value privacy for both our customers and our own operations. We are not interested in KYC or privacy-invasive solutions, you seem to be pro-regulation. We are not.

So, it seems our services are not for you or people who are more interested in following whatever inane laws are passed by whatever inane bodies are put in charge. We recommend Centralized exchanges with full KYC for your needs and wish you the best of luck. :)

Tommy from AllArk

Hi,

We have added details on the WXMR contract in FAQs. We are definitely looking to deploy a nativelh wrapped XMR solution down the line. Currently we are building out liquidity and providing it as a service. We've had significant volume but the early minters are using us more as a service provider for wrapping and unwrapping rather than liquidity. :)

Tommy from AllArk