Swap MKR Ethereum to CACAO Mayachain
Description
MKR, the governance token of the MakerDAO ecosystem on the Ethereum blockchain, enables holders to participate in decentralized decision-making and collateral management for the DAI stablecoin. CACAO, the native token of the MAYA blockchain, powers decentralized finance (DeFi) applications, facilitates cross-chain swaps, and supports liquidity provision within the THORChain ecosystem.
100% Decentralized — No KYC, Ever
Description
MKR, the governance token of the MakerDAO ecosystem on the Ethereum blockchain, enables holders to participate in decentralized decision-making and collateral management for the DAI stablecoin. CACAO, the native token of the MAYA blockchain, powers decentralized finance (DeFi) applications, facilitates cross-chain swaps, and supports liquidity provision within the THORChain ecosystem.
100% Decentralized — No KYC, Ever
Frequently Asked Questions
Below are some of the most common questions and answers.
MKR is primarily used for governance in the MakerDAO ecosystem, allowing holders to vote on proposals and manage the DAI stablecoin system.
CACAO is essential for powering DeFi applications, enabling cross-chain swaps, and incentivizing liquidity providers within the MAYA ecosystem.
Yes, CACAO can be staked to earn rewards by providing liquidity or participating in network activities on the MAYA blockchain.
No, MKR is not a stablecoin; it is a governance token used to manage the MakerDAO system, which issues the DAI stablecoin.
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.
