Question 1

What is Bonk (0x1151cb3d861920e07a38e03eead12c32178567f6)?

Accepted Answer

Bonk is a meme token on the Ethereum blockchain, known for its community-driven nature and speculative trading potential.

Question 2

What are the use cases for CACAO on the MAYA blockchain?

Accepted Answer

CACAO is used for transactions, staking, and governance within the MAYA blockchain's DeFi ecosystem.

Question 3

Is Bonk a high-risk asset?

Accepted Answer

Yes, Bonk is considered a high-risk asset due to its meme token status and high volatility.

Question 4

Can I stake CACAO for rewards?

Accepted Answer

Yes, CACAO can be staked to earn rewards and participate in the MAYA blockchain's governance.

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

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap Bonk (Ethereum) to CACAO (Mayachain)

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