Doge Killer
Crypto Overview
Overview
LEASH (Doge Killer) is a token that is part of the Shiba Inu ecosystem. Initially launched as a rebase token pegged to Dogecoin, it was later transformed into a store of value token with a fixed supply of 107,647 tokens.
Intended Utility
LEASH serves multiple functions within the Shiba Inu ecosystem: It provides exclusive access to SHIB-related NFT drops, enables participation in the ShibaSwap decentralized exchange's liquidity pools, and grants governance rights in the ecosystem.
Actual Utility
The token is actively used within the ShibaSwap platform for its intended purposes. Users stake LEASH to earn returns through the 'Woof' returns system, and holders get priority access to NFT drops in the ecosystem. The token has maintained consistent trading volume and liquidity on various decentralized exchanges.
Token Distribution and Founder Analysis
LEASH has a transparent token distribution with no pre-mine for developers. The entire supply was made available to the public through fair launch mechanisms. There are no locked founder allocations or team tokens, which significantly reduces the risk of founder enrichment schemes.
Technology and Revenue Model
The token operates on the Ethereum blockchain as an ERC-20 token. Its primary revenue mechanisms come from trading fees on ShibaSwap and NFT marketplace activities, which do not involve interest-bearing instruments.
Crypto Impact
To assign a comfort level investing in Doge Killer 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 Doge Killer.
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.