DojoSwap
Crypto Overview
Overview
DojoSwap is a decentralized exchange (DEX) and trading platform built on the DeFi (Decentralized Finance) blockchain. The DOJO token serves as the platform's native utility token, used for governance and platform operations.
Purpose and Utility
The primary stated purpose of DOJO is to serve as a governance token for the DojoSwap ecosystem, allowing holders to participate in protocol decisions and receive trading fee revenue sharing. The token also provides utility through reduced trading fees on the platform for holders.
Business Model Analysis
The platform operates as a decentralized exchange, facilitating peer-to-peer trading of cryptocurrencies. The business model is based on collecting trading fees from users, with a portion distributed to DOJO token holders. Token holders also gain governance rights over protocol parameters and future development decisions.
Development and Adoption
The project shows active development on GitHub and social media channels. The platform has achieved some initial adoption, though exact usage metrics are difficult to verify due to the project's early stage.
Token Distribution
The token distribution includes allocations for the development team, early investors, and community treasury. Vesting schedules are in place for team tokens to align long-term incentives.
Crypto Impact
To assign a comfort level investing in DojoSwap 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 DojoSwap.
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.