ArthSwap

Halal Rating :
Comfortable
Last Price $0.00034 Last updated:
Rank 8217
1D Change -1.78 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Polkadot Ecosystem
  • Astar Ecosystem

Overview

ArthSwap is a decentralized exchange (DEX) built on the Astar Network, a Polkadot parachain. The ARSW token serves as the platform's native governance and utility token.

Purpose and Utility

The primary functions of ARSW include: Governance rights for protocol decisions, Staking rewards for liquidity providers, Platform fee discounts for traders using ARSW, and Revenue sharing from trading fees for token holders.

Business Model Analysis

ArthSwap operates as a legitimate DEX with real trading activity and liquidity provision. The platform facilitates actual asset exchanges between parties, with both sides receiving tangible value. The core DEX functionality involves no interest-bearing mechanisms or gambling elements.

Development and Adoption

The project maintains active development on the Astar Network, with regular updates and improvements to the protocol. The platform has established partnerships within the Polkadot ecosystem and maintains consistent trading volume, though relatively modest compared to larger DEXes.

Token Distribution

The token distribution includes allocations for the team, development fund, and community incentives. While exact figures for current token distribution are not publicly available, the project implements standard vesting schedules for team tokens.

Crypto Impact

To assign a comfort level investing in ArthSwap from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to ArthSwap.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.