AllArk.io

  • 9 Posts
  • 25 Comments
Joined 1 year ago
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Cake day: June 21st, 2023

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  • AllArk.ioOPtoMoneroAllArk now has EU Cash by Mail for XMR :)
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    1 year ago

    Hi,

    1. Fees are in the FAQ. Usually from 0%-3.5% depending on the payment method. We do not convert XMR to stables so volatility affects trades slightly.

    2. The XMR dex is a priority for us, we are looking at ways to either incorporate atomic swaps or work with existing projects or contribute to them so we can integrate the solution :)

    3. The goal of XUSD and WXMR is to allow DEX trading on ETH to allow real price discovery instead of the naked shorting by CEXes that do not hold XMR. XUSD and WMXR can both be redeemed both for XMR or straight cashed out with KYC. XUSD’s purpose is to give an avenue of stability for WXMR holders on chain or those who wish to mint WXMR and convert to stables, we will be working on introducing an XUSD-DAI pool as well in the future. Lastly, all WXMR are backed 1:1 by XMR. Eventually we aim to use #2 to develop a trustless bridge between XMR and ETH. :)

    Regards













  • Hi,

    We value privacy for both our customers and our own operations. We are not interested in KYC or privacy-invasive solutions, you seem to be pro-regulation. We are not.

    So, it seems our services are not for you or people who are more interested in following whatever inane laws are passed by whatever inane bodies are put in charge. We recommend Centralized exchanges with full KYC for your needs and wish you the best of luck. :)

    Tommy from AllArk








  • Hi,

    We have added details on the WXMR contract in FAQs. We are definitely looking to deploy a nativelh wrapped XMR solution down the line. Currently we are building out liquidity and providing it as a service. We’ve had significant volume but the early minters are using us more as a service provider for wrapping and unwrapping rather than liquidity. :)

    Tommy from AllArk