FrogSwap
Crypto Overview
Purpose and Utility Analysis
FrogSwap is a decentralized exchange (DEX) platform built on the BNB Chain (formerly BSC). The FROG token serves as the platform's native token, used for governance and rewards distribution.
Business Model Analysis
The platform operates as a typical DEX, facilitating token swaps through automated market makers (AMM). Trading fees are collected and distributed among FROG token holders who participate in staking.
Real-World Adoption
On-chain analysis shows limited but existing trading activity. The platform currently has approximately $50,000 in total value locked (TVL) across its liquidity pools.
Development Activity
The project shows moderate development activity on GitHub, with regular updates to the smart contracts and interface. The team maintains an active presence on social media and regularly communicates with the community.
Token Distribution
The token distribution shows: 40% for public sale, 20% for liquidity, 15% for team (locked for 12 months), 15% for marketing, and 10% for development.
Technological Framework
The platform utilizes standard AMM technology similar to other decentralized exchanges, with smart contracts that have been audited by CertiK.
Crypto Impact
To assign a comfort level investing in FrogSwap 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 FrogSwap.
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.