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Uniswap, like Maya, seeks to achieve a decentralised exchange between cryptocurrencies, the big difference being that it operates on the Ethereum blockchain, while Maya operates on its own chain. Uniswap only allows exchanges between ERC-20 tokens; if we wanted to exchange assets from other blockchains, they would have to be in the form of wrapped or synthetic tokens. Maya allows exchanges between native currencies without the need for wrapped tokens and without binding the value of the assets.

Once Maya Protocol is available on the mainnet, anyone can purchase Cacao with the following steps.

1) Go to mayaprotocol.com/swap
2) Look for the swap asstesbutton
3) Choose Cacao as your output asset

Maya Protocol has not yet launched, it is currently on Stagenet: a network that works to create a test chain.

Maya Swap is a decentralised exchange (DEX) that allows you to buy and exchange cryptocurrencies from different blockchains.

Maya Protocol is not yet launched, it is currently on Stagenet: a network that works to create a test chain.

Using Maya Swap is very easy. You just need to generate a wallet and select the cryptocurrency you want to exchange.

Maya does not use a centralised oracle to determine prices. This means that prices are determined by the ratio of one asset to another in each liquidity pool.

The Maya documentation is available at the following link: https://docs.mayaprotocol.org/

Maya is a Decentralised Exchange so only the end user has custody of their private key. If you lose your password you can recover your access with your seed phrase, write it down and keep it in a safe place! In case you lose your seed phrase you will not be able to regain access to your wallet and therefore lose access to your funds.

The Maya documentation is available at the following link: https://docs.mayaprotocol.org/

Centralised exchanges, or CEXs for short, are platforms (such as Binance or Kraken) where users can buy and sell cryptocurrencies. As a rule, funds within these exchanges are regulated by a central authority. DEXs, or decentralised exchanges, fulfil the main function of crypto: exchanging coins without the need for intermediaries. They price cryptocurrencies against each other algorithmically and use liquidity pools.

Liquidity providers are the guests of honour at Maya, they are the ones who provide part of their capital in ongoing liquidity funds so that traders can buy and sell assets. In return they get 2 rewards: user exchange fee and Cacao (our native currency). Every day they get one percentage point of insurance against Impermanent Loss, if they keep the liquidity for 100 days, it will be fully insured.

Very simple:
1) Go to www.mayaprotocol.com/swap
‍2) Connect your portfolio, don't worry if you don't have one, you can create one right there
3) Make sure you have 50% of Cacao and 50% of the asset that you want to invest in dollar value. If you don't have Cacao , don't worry, just log in to Maya and purchase the necessary.
4) Click on provide liquidity and choose the desired amount.

Maya Protocol is not yet launched, it is currently on Stagenet: a network that works to create a chain of tests.

There is no minimum to participate as a liquidity provider, but remember that providing and withdrawing your liquidity carries fees native to your chosen asset (for example, if you provide ETH + Cacao, the transaction cost in Ethereum will have to be covered, so your investment has to exceed these to make sense).

Half of the returns will be received in Cacao, the native currency of Maya Protocol, and the other half in the asset (currency) of your choice.

In real time! All the time your position as a liquidity provider is generating returns thanks to swaps and the issuance of Cacao. At any time you can withdraw your investment, and it will be deposited with the returns you have accumulated.

The protocol is protected by nodes that provide collateral, if the protocol fails or the capital is lost, the nodes lose their collateral. You always have custody of your capital.

Maya works on its own blockchain, by being independent it needs to strengthen its security. Node operators monitor every transaction, but cannot manipulate them. They provide a minimum bond of 800,000 Cacaos before becoming node operators, this encourages good behaviour, if any of them want to steal assets they are deducted that amount. All nodes are anonymous and they earn the same regardless of the size of their bond. This avoids the interest to grow computational capacity to obtain greater profit.

Impermanent losses occur when the price of an asset changes dramatically over a short period of time, i.e. arbitrage traders extract the value of this imbalance from the protocol by buying an asset cheaply and selling it more expensively elsewhere. Given the extraction, the fund loses wealth and the investor loses capital; in Maya this problem is eliminated.

Maya charges an imbalance fee to traders the moment they mismatch the relationship between an asset and Cacao in the liquidity pool, while liquidity providers receive one percentage point against losses as long as they hold their capital for 100 days.

Nodes have to provide a guarantee of 2 times the amount of assets in Cacao value. Similarly, for each share of an asset that liquidity providers invest, they must also invest an equivalent share in Cacao. In total, the circulating supply of Cacao has a valuation of at least 3 times the locked capital of assets in the protocol.

They are the watchdogs who keep the exchange network secure: they monitor, validate and transmit transactions on Maya and other chains in exchange for rewards. They must be kept on the move to mix funds and avoid capture, so they are anonymous and rotate every 3 days; they maximise decentralisation but also drive out malicious nodes. They also monitor code updates to protect their collateral and, as a result, protect the protocol.

Our code is open-source and available on Gitlab: https://gitlab.com/mayachain/mayanode