Exchange functions as a simple conversion mechanism that allows you to convert your USDC holdings into baskets of other resources. You can hold your currency in the form of gold, silver, US dollar, BTC, ETH and other 60+ assets. This strategy serves as a hedge against runaway inflation as you have assets that are not valued in USD in your portfolio to offset changes. Essentially, you create baskets of Resources instead of baskets of just ‘money’.
Trade is your opportunity to apply third party applications, systems, and concepts to participate in the large-scale markets to exponentially increase your holdings. This type of trading comes with its set of risks, and each trading application lists its parameters so you can determine which strategy is suitable for you. In the background, multiple exchanges and liquidity providers are anonymously engaged so you do not need to maintain multiple accounts on various exchanges.
Yield Wallet allows you to plan longer term and protect your true capital value. This wallet type interacts with the Liquidity Pools that place capital in real world assets and resources that have a cashflow or revenue mechanism to them. This means as inflation or cost of living increases, the yield increases accordingly and protects you against it.
Since DART functions like a DAO, there is no central ‘company’ that charges fees. DART is designed to be largely free and open, and all fees in the platform are a function of the underlying service providers, exchanges, and incidentals. Listed below are all the fees that you may incur with DART:
The DART Trading Layer Program (DTLP) has been designed to serve as a third party, trustless layer that protects both Trade Service providers (such as Trading Bots, Scripts, and Copy-Trading experts) and Wallet holders or users that avail these services. Such services are available in traditional Fiat markets through combinations of custodians, brokerages, and regulated asset managers. DART creates the same structure on the BlockChain using trustless layers for digital assets and entities that handle the same functions. The DTLP service was established in mid-2021 amid the boom in cryptocurrency markets to solve the issue of trustless trading across multiple exchanges without creating a technical challenge for the average user. To maintain the neutrality, DART never promotes or advertises any TSP, nor lists active TSPs on the platform.
There are 3 distinct risks that must be mitigated especially in the cryptocurrency trading industry. DART serves as an independent verification and trade execution channel like how Google and Apple monitor applications on their network or how FINRA applies standards to its participants. Proposals at the SEC and CFTC seek to install safeguards like the ones proposed below and are often applied by Administrators and Custodians in fund management.
Note that there are always risks associated with any trading including but not limited to price events, technical failures, liquidity failures, and market-wide failures. Be mindful and do not add more capital to trading than you can afford to lose, regardless of the performance history or forecasting presented by a TSP. Similarly, there are certain benefits available to the Trade Service providers:
To maintain its third-party status, DART does not manage or hold capital and simply serves as the API layer that reports the balances and performances. Payments and exchange services are provided by MSB and FINRA license holders in the US and CASP or Custodial license holders in non-US jurisdictions.
To participate in DLTP as a Trade Service Provider, you must be onboarded with the Dart Labs program here.