Divergence
Crypto Overview
Overview
Divergence (DIVER) is a decentralized trading platform that focuses on crypto volatility trading and options. The protocol enables users to trade crypto volatility as a standalone asset class.
Purpose and Utility
The DIVER token serves as the protocol's governance token, allowing holders to participate in decision-making regarding protocol parameters and treasury management. It also provides access to trading fee discounts and revenue sharing from the protocol's operations.
Business Model Analysis
The protocol generates revenue through trading fees from volatility trading operations. The core functionality revolves around derivatives trading and options, which effectively constitutes a form of leveraged speculation and betting on price movements without actual asset ownership.
Development and Adoption
While the project maintains active development and has implemented several protocol upgrades, the primary use case remains centered on derivatives trading and options speculation.
Token Distribution
The token distribution includes allocations for team members, investors, and the community, with vesting schedules in place. However, the primary utility of the token is tied to a protocol that facilitates betting on price movements.
Crypto Impact
To assign a comfort level investing in Divergence 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 Divergence.
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.