get an official regulatory status for it
If this is a decentralized exchange, then who will get such status? If a company owns an exchange, then how is it decentralized?
We would like the balances for the native chain (Ethereum) to be decentralized, and trades on non-natively supported chains to occur via a contract (1x leverage, free of charge up to 8 hours with no rollover).
For this purpose, as well as to eliminate the delays and overhead of running a decentralized matching engine, our matching engine will be off-chain (centralized). This fact will also allow us to obtain a regulatory status.
Please let us know if you have any other questions.