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RE: DLIKE DEX Updates - 0.25% Fees - One Click Rewards Claim

in DLIKE4 years ago

i dont understand - If you are already using keychain why do you want to deposit and withdrwal - cant you simply use the steem in our wallet --- after then only it can be called a true DEX - else its not dex i believe

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Its basically a layer of STEEM ENGINE, where tokens are traded against pegged token of STEEM.
Once you deposit, your STEEMP(pegged token) gets deposited into your own account controlled by your own keys, which you can access from any interface like steem engine, dlike dex etc and can withdraw which means convert back to STEEM! SO basically its conversion from simple steem to trade-able steem pegged token and fees are charged for conversion and your funds always remain under your keys!

but there are fees

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