Frequently Asked Questions
Below are some of the most common questions and answers.
LPT is used to participate in Livepeer's decentralized video streaming network, enabling users to earn rewards by transcoding video or staking tokens.
ETH on BASE offers faster and cheaper transactions compared to Ethereum mainnet, making it ideal for DeFi and dApp interactions.
LPT can be staked through Livepeer's protocol to earn rewards by contributing to network security and video processing.
Yes, BASE is an Ethereum Layer 2 scaling solution designed to reduce gas fees and improve transaction speeds while maintaining security.
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.
