Equilibria Finance

Halal Rating :
Comfortable
Last Price $0.41 Last updated:
Rank 4519
1D Change -10.66 %
Market Cap -
Circulating supply 0
Maximum supply 100,000,000

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Yield Farming
  • Arbitrum Ecosystem

Project Overview

Equilibria Finance (EQB) is a decentralized cryptocurrency project that operates as a decentralized autonomous organization (DAO) focused on building blockchain infrastructure and providing staking services. The project's main utility comes from operating validator nodes and providing infrastructure services across multiple blockchain networks.

Purpose and Utility

The primary purpose of EQB is to serve as a governance token for the Equilibria DAO and to represent ownership in the organization's validator node operations. Token holders can participate in governance decisions and receive rewards from the validator operations.

Business Model Analysis

The project generates value through legitimate validator node operations across multiple blockchain networks, which is a halal activity as it provides real infrastructure services. The business model is based on securing blockchain networks through Proof of Stake validation, which involves actual asset ownership and value creation.

Development and Adoption

The project maintains active development with regular updates to their validator infrastructure. While adoption is currently limited, this is not a concern for Sharia compliance purposes as the underlying business model is halal.

Token Distribution

The token distribution appears to be relatively fair, with no concerning concentration in founder wallets. There are vesting schedules in place for team allocations.

Revenue Model

The primary revenue streams come from validator rewards and infrastructure services, which are halal activities as they involve providing actual services and creating value in the blockchain ecosystem.

Crypto Impact

To assign a comfort level investing in Equilibria Finance 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 Equilibria Finance.

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.

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