🪙Frequently Asked Questions

Frequently Asked Questions

What is El Dorito?

El Dorito is a City of Gold for exchanging, storing, and growing your digital assets.

We combine the speed and convenience of features commonly seen on centralized exchanges with the sovereignty and security of decentralized backends.

El Dorito collects no KYC, allows users to own their private keys, and therefore have absolute control over their assets. All the bells and whistles of a CEX, the sovereignty and security of a DEX.

What powers El Dorito?

El Dorito's started as the first Maya Protocol-native exchange. Next, we integrated Chainflip, followed by Rango and THORChain, enabling us to offer El Dorado users thousands of digital assets at top competitive rates. We now aim to offer access and routing between any token on any chain through protocols like Uniswap/Raydium/Thorchain and more.

You choose assets, we find you the fastest and cheapest rate.

Why did El Dorito start building on Maya?

Maya Protocol is furthering the vision of THORChain by expanding crosschain DeFi. Whereas THORChain links one "menu" of chains, Maya Protocol links a different, unique combination of chains. In addition, Maya seeks to build a native crosschain DeFi ecosystem with their programmable L1 "Aztec Chain", allowing the use of smart contracts, a feature that THORChain does not support.

With the Aztec, it will be feasible to utilize the same decentralized native swaps enabled by Maya/THORChain/Chainflip in a true money market ecosystem. This is a key pillar of the El Dorado roadmap: to build out beyond what is reachable by our individual backends.

As a frontend that will soon have as its backends Maya Protocol, THORChain, Chainflip and Rango, El Dorito will offer the benefits of all four and more to its users.

Does El Dorito charge a fee? And how much?

For country club members (holders of 3,333 Dorito or more) El Dorito is free.

For non-members, an 88 bps affilaite fee is charged on swaps.

What is the Crypto Country Club?

The El Dorado Crypto Country Club is a membership option for our site and club. By buying 0.01% of the supply of our token (3,333 $DORITO), you will get access to special perks such as Feeless swaps, exclusive high-fashion merch, physical gold/silver coinage, luxury real estate and more!