this post was submitted on 04 Sep 2023
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Monero

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Hi all!

Tommy from AllArk (https://allark.io) here.

Big news, and the reason we've been quiet for a while.

If you've visited AllArk.io recently, you would have noticed some pretty big changes. :)

Thanks mainly to the support of the XMR community (and a little bit of the BTC folks), we've built out enough to launch a decentralised and uncensorable DeFi platform.

As always, we will always provide Cash Out services that preserve privacy for privacy minded folks (XMR :)) but we have also launched

​ A Leverage Trading Dex.

A DEX

A cross chain swap where you can convert from all the above chains to XMR or from XMR to the above chains.

The familiar "Cash Out" option that supports Bank Wires, Payment Apps, Cash by Mail and other ways to cash out XMR.

If you just want to go straight to the Cash Out page, you can also use the url AllArk.app :) Again, we've got all the Cash Out Services running just fine so you can simply skip all the DeFi offerings and head straight to "Cash Out". But being such a huge change in the User experience, we thought we would give you a heads up. :)

We are not stopping here but constantly working on cross chain solutions that bring XMR to all of the major DeFi solutions and of course build out solutions for XMR itself.

That's it, that's the update.

Head on over and check out the new, revamped offerings and feel free to let us know any services you'd like us to integrate that resonate with our mission for privacy and financial independence for all....for which, nothing beats Monero.

Have a great weekend! :)

The AllArk Team

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[–] library_napper@monyet.cc 4 points 1 year ago (1 children)

Can you please link to your Threat Modeling documentation that enumerates all possible risks in using your DEX (both buyers and sellers) and what measures have been put in-place to mitigate those potential risks?

[–] AllArk@monero.town 1 points 1 year ago

Hi,

It seems you are confused into what our Dex does, anyway, if you can be more specific by what you mean by "buyers" and "seller" we can try and answer your question. Its a DEX supporting ETH, Arb and BSC with a leveraged DEX supporting Arb and AVAX. Its not complicated and the XMR side has little to do with the DEX side.

From an XMR perspective there are only sellers and we purge all records of transactions and transaction details daily and use an in-house solution to receive payments with zero third parties. :)

Regards