I don't see how this is private, as you never stated what algorithm you are using,
and I wonder why you called in Monero Dollar if it has nothing to do with Monero...
And that double 1% deposit and withdrawal fee is very high
Monero Dollar because RandomX Algo from Monero - Compared to crypto mixers is the fee very low and you use Monero Dollar as privacy Stablecoin.
TUSD or DAI in and Monero Dollar out
Monero Dollar in and TUSD or DAI out
This user's account is less than a day old.
The User account is less than a day old correct but you don't have to trust the user account, you just have to trust the blockchain technology.
Decentralized swap option via modified atomic swaps.
The fee is used to keep the mining rewards stable.
Good luck, keeping an eye on this.
thank you patel