The intent of the project was to build infrastructure for communities and to enable them to have smart contracts. The feature provided are essentially just the ready built smart contracts that enable DLUX to run. Proof of Brain, Hive <> Token DEX, Inflation, etc. I think Hive-Engine had the same goals... and we even started near the same times.
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Ok, so the system enables similar features to Hive Engine, but maybe not as advanced yet?
Is it possible to write custom smart contracts?
Yes, This is why it's a good fit for the spk claim chain. Wrote a few contracts to do their claims... while also providing a DEX.