FlatQube
Crypto Overview
Overview
FlatQube (QUBE) is a decentralized exchange (DEX) built on the Everscale network. The project aims to provide a platform for token swapping, liquidity provision, and decentralized trading services.
Purpose and Utility
The QUBE token serves as the native token of the FlatQube DEX, used for governance and fee reductions on the platform. Token holders can participate in platform governance decisions and receive trading fee discounts.
Business Model
The platform generates revenue through trading fees from token swaps and liquidity provision services. The business model appears transparent and straightforward, focusing on facilitating decentralized trading without involving prohibited activities like interest-based lending or gambling.
Real-World Adoption
FlatQube has achieved moderate adoption within the Everscale ecosystem, though exact usage metrics are limited. The platform continues to process regular trading volume and maintains active liquidity pools.
Development Activity
The project maintains regular development updates and platform improvements. The development team appears to be actively working on expanding features and improving the trading experience.
Token Distribution
While detailed token distribution information is limited, the project appears to implement standard vesting schedules for team allocations.
Crypto Impact
To assign a comfort level investing in FlatQube 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 FlatQube.
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.