Question 1

What is OP used for on the ARB blockchain?

Accepted Answer

OP is used for transaction fees, staking, and governance within the ARB ecosystem, ensuring secure and efficient operations.

Question 2

How does CACAO benefit MAYA blockchain users?

Accepted Answer

CACAO facilitates cross-chain interoperability, enabling users to swap assets across different blockchains while supporting DeFi liquidity pools.

Question 3

Can I stake OP for rewards?

Accepted Answer

Yes, OP can be staked to participate in network security and earn rewards through the ARB blockchain's proof-of-stake mechanism.

Question 4

Is CACAO compatible with other blockchains?

Accepted Answer

Yes, CACAO is designed for cross-chain functionality, allowing users to interact with multiple blockchains through the MAYA ecosystem.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

No, Instaswap does not require KYC (Know Your Customer) for any swap amount or pair. However, we employ an advanced KYT system powered by a trusted third-party partner. This system automatically checks wallet addresses involved in transactions, ensuring they haven’t previously been flagged for illicit activities, keeping your swaps safe, secure, and private.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

Yes, Instaswap is fully decentralized (DEX), meaning all transactions occur directly on the blockchain without centralized intermediaries. We do NOT offer centralized exchange (CEX) swaps, and your funds always remain fully under your control through our non-custodial platform.

Swap OP (Arbitrum) to CACAO (Mayachain)

Description

Frequently Asked Questions