I think this is a good try conceptually to start building a reliable and liquid decentralized exchanges over time. Like many projects, they probably need to have centralized aspects in order to have a grip on the changes needed to continue to develop. They also probably need some incentive which is which they are requiring a token as a gateway to access it. I hope they can continue building it with the improvements to make it fully decentralized over time and they adjust the aspects you mention that are not allowing it to live uo to expectations. We truly need the liquidity of a great decentralized exchange in the future and this may be the best infrastructure for one so far.