diff --git a/docs/learn/frequently-asked-questions.md b/docs/learn/frequently-asked-questions.md index 51f00e8..d374ef7 100644 --- a/docs/learn/frequently-asked-questions.md +++ b/docs/learn/frequently-asked-questions.md @@ -40,7 +40,7 @@ Anyone can easily issue user-creatable currencies and digital tokens on the Zano ### **What are Ionic Swaps?** -Ionic Swaps are an improvement on Atomic Swaps, innovating seamless cryptocurrency exchanges while preserving user privacy. Ionic Swaps are a safe and consistent way to perform peer-to-peer swaps in which neither party has an unfair advantage. This technology is used by the DEX and for instant swaps. +Ionic Swaps are an improvement on Atomic Swaps, innovating seamless cryptocurrency exchanges while preserving user privacy. Ionic Swaps are a safe and consistent way to perform peer-to-peer swaps in which neither party has an unfair advantage. This technology is used by our DEX: Zano Trade. ### **What are Escrow Contracts?[​](https://docs.zano.org/docs/learn/frequently-asked-questions/#what-is-escrow-contracts)** diff --git a/docs/use/wrapped-zano.md b/docs/use/wrapped-zano.md index 8b13789..13344fa 100644 --- a/docs/use/wrapped-zano.md +++ b/docs/use/wrapped-zano.md @@ -1 +1,29 @@ +--- +sidebar_position: 4 +--- +# Wrapped Zano + +Wrapped Zano (WZANO) is an ERC-20 token on the Ethereum blockchain that can be swapped 1:1 for ZANO. + +It allows us access to the enormous existing infrastructure that exists around Ethereum and ERC-20 tokens, such as [Verse DEX](https://verse.bitcoin.com/swap/). + +## How to wrap ZANO + +The process of swapping ZANO to WZANO is referred to as “wrapping”. You can wrap ZANO from within any of the Zano mobile or desktop clients. Just go to the “Send” tab, enter the amount of ZANO you would like to receive and the Ethereum address to which you’d like the WZANO to be sent. You will be informed of how much Zano is required to cover the transaction fees before you finalize the transaction. + +
+ +
+ +## How to unwrap WZANO + +Go to [https://wrapped.zano.org/app/](https://wrapped.zano.org/app/) connect your metamask wallet and specify the Zano address to which you want to receive ZANO. After that, you will be able to unwrap WZANO to ZANO. The process takes around 15 minutes and you will receive ZANO to your Zano address. + +
+ +
+ +## Proof of Assets + +You can verify the Ethereum Smart Contract and the Zano custody wallet at [https://wrapped.zano.org](https://wrapped.zano.org) diff --git a/docs/use/zano-trade.md b/docs/use/zano-trade.md index f299907..efe3b8a 100644 --- a/docs/use/zano-trade.md +++ b/docs/use/zano-trade.md @@ -30,7 +30,7 @@ A decentralized exchange to trade native Zano and all the Confidential Assets la ### Create an order -For this example, we will be buying "ZNOPP" tokens: +For this example, we will be buying "ZNOOP" tokens: _Price:_ How much of the base pair (in this case, ZANO) do we want to pay per unit of ZNOOP? @@ -38,7 +38,9 @@ _Amount:_ How many tokens do we want to acquire at this price? Click "Buy" to post the order. -![](/img/use/zano-trade/new_order1.png) +
+ +
### Take an order @@ -48,11 +50,15 @@ Scroll down to see the order book. Since we are happy with receiving 0.01 ZANO per token, we'll proceed to click "Take Order". -![](/img/use/zano-trade/order_book2.png) +
+ +
This will take us back above and automatically set the fields for our sell order, simply click "Sell". -![](/img/use/zano-trade/new_order2.png) +
+ +
### Complete the trade @@ -76,4 +82,33 @@ Now we wait for @Timmy03 to apply our order in the same way we just did. -And that's it! We just completed a peer-to-peer trade, made possible by Zano's Ionic Swaps, preserving our privacy across the whole process. +And that's it! We just completed a peer-to-peer trade, made possible by Zano's Ionic Swaps, preserving our privacy across the entire process. + +## Frequently Asked Questions + +### How do trades work? + +When users publish their orders to Zano Trade, our DEX coordinator combines sell and buy orders together in an [Ionic Swap](https://docs.zano.org/docs/learn/frequently-asked-questions#what-are-ionic-swaps) transaction that is then relayed by the app and executed by users, its content is only visible to the parties involved in the swap. + +### Is Zano Trade decentralized? + +At no point does Zano Trade hold any custody of funds, it's simply a forum for users to find each other's orders.\ +You can even do trades without it by simply using the "Swap" function available in the official Zano wallets, in a fully self-hosted manner. + +### Why isn't there a traditional order book/liquidity pool? + +While technically a traditional order book is possible by building a list of half-filled ionic swap transactions, this is not something we endorse since it sacrifices the privacy on the maker side, contradicting one of Zano's core features. + +However if there's a demand for an app like this and users are willing to opt-in, it could be built by a third party. + +### What currencies can I trade? + +All [confidential assets](https://docs.zano.org/docs/learn/frequently-asked-questions#what-are-confidential-assets) issued or bridged over to Zano are tradeable. + +### How long does it take before my transaction is processed? + +An ionic swap takes 1 confirmation to complete, which on average is 1 minute. + +### Why do I need Zano Companion to be able to access Zano Trade? + +Since Zano Trade is a non-custodial app it uses Zano Companion as a secure interface to the user's wallet instead, this way funds always stay in your control. diff --git a/static/img/use/wrapped-zano/unwrap.png b/static/img/use/wrapped-zano/unwrap.png new file mode 100644 index 0000000..7f4f2bf Binary files /dev/null and b/static/img/use/wrapped-zano/unwrap.png differ diff --git a/static/img/use/wrapped-zano/wrap.png b/static/img/use/wrapped-zano/wrap.png new file mode 100644 index 0000000..d2bd3a1 Binary files /dev/null and b/static/img/use/wrapped-zano/wrap.png differ