DeXe

Halal Rating :
Questionable
Last Price $12.99 Last updated:
Rank 100
1D Change -0.15 %
Market Cap $741.74m
Circulating supply 57,103,081
Maximum supply 98,942,301

Crypto Overview

Categories
  • Asset Management
  • DeFi
  • DAO
  • BNB Chain

1. Using the DeXe Utility token in the ecosystem: 1.1 Programmed redemption and burning of tokens for a certain % of the traders’ compensation. 1.2 Control over DeXe treasury better. One of the DeXe functionality includes farming rewards with DeXe.network from social trading activity. 1.3 Use of the token by the holders for casting a ballot and settling on choices regarding: a. The timespan and adjustment of the percentage of tokens burned. b. Effect on the number of remunerations got for farming (increase or decline the percent of accrual) c. Voting for the date of burning tokens and ascertaining the reward for farming (details below). 1.4 Work of the system for insuring users’ deposits by staking tokens on DEX.

Crypto Impact

To assign a comfort level investing in DeXe 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 DeXe.

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.

Justification for our Halal Rating