Ferro

Halal Rating :
Comfortable
Last Price $0.01 Last updated:
Rank 1324
1D Change -3.46 %
Market Cap $5.54m
Circulating supply 932,530,341
Maximum supply None

Crypto Overview

Categories
  • Cronos Ecosystem

Built on the Cronos blockchain, Ferro Protocol is a StableSwap AMM protocol that allows users to exchange with low slippage and minimum fee and farm tokens by creating more efficient pools consisting of highly correlated assets, as well as allowing better composability between protocols in the Cronos ecosystem. Ferro Protocol offers two main features: 1. Ferro Swap Users can exchange one token with another with customisable slippage as long as both tokens are available in any of the pools within the protocol. 2. Liquidity Pools Users can become liquidity providers and earn incentives by staking their LP tokens into the liquidity farm. You will be rewarded with our native tokens $FER together with the opportunity to lock your tokens with different maturity options to boost your returns and share revenue from the protocol swap fees.

Crypto Impact

To assign a comfort level investing in Ferro 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 Ferro.

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