Frequently Asked Questions

Below are some of the most common questions and answers.

COMP is used for governance and earning interest within the Compound protocol, allowing users to vote on proposals and participate in decentralized finance activities.

RUNE acts as the backbone of THORChain, enabling decentralized liquidity pools and cross-chain swaps without the need for intermediaries or wrapped assets.

Yes, both COMP and RUNE can be staked; COMP for governance rewards and RUNE for securing the THORChain network and earning liquidity provider fees.

The COMP/RUNE pair combines the strengths of Ethereum-based DeFi with THORChain's cross-chain capabilities, offering users access to diverse financial opportunities across multiple ecosystems.

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.

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.

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