do we have an explanation how PAX (fiat <-> crypto exchange) works?
Right now it will be something like the following:
USDpax --> KMD --> LP --> Exchange.
You could also do the following for fiat:
USDpax --> KMD --> LP --> BTC --> fiat
I am working on a special project that may give a more direct access to fiat with fiatpax.
I think the point is: how to make the swap USD --> USDpax in a secure and decentralized fashion. Maybe the komodo notary nodes will be used to secure a kind of gateway for fiat deposit?