Question 1

What is the purpose of the CACAO token?

Accepted Answer

CACAO is the native token of the MAYA blockchain, used for transaction fees, governance, and powering DeFi applications within its ecosystem.

Question 2

How does RUNE contribute to cross-chain trading?

Accepted Answer

RUNE enables cross-chain liquidity and decentralized exchange functionality on the THOR blockchain, allowing users to swap assets across multiple blockchains securely.

Question 3

Can I stake CACAO or RUNE?

Accepted Answer

Yes, both CACAO and RUNE can be staked to participate in network security, earn rewards, and contribute to the governance of their respective blockchains.

Question 4

What makes the CACAO/RUNE trading pair unique?

Accepted Answer

The CACAO/RUNE pair combines the DeFi capabilities of the MAYA blockchain with the cross-chain liquidity of the THOR blockchain, offering users a versatile and efficient trading experience.

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 CACAO (Mayachain) to RUNE (Thorchain)

Description

Frequently Asked Questions