• 5 Posts
  • 8 Comments
Joined 1 year ago
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Cake day: June 21st, 2023

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  • 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