Gains Farm
Crypto Overview
Overview
Gains Farm is a decentralized leveraged trading platform built on Polygon and Ethereum. The platform allows users to trade crypto assets and NFTs with leverage while using the GFARM2 token for governance and fee sharing.
Purpose and Utility
The primary purpose of GFARM2 is to serve as a governance and utility token for the Gains Farm trading platform. Token holders can participate in platform governance decisions and receive a share of trading fees generated on the platform.
Business Model
The platform generates revenue through trading fees from users engaging in leveraged trading. A portion of these fees is distributed to GFARM2 token holders. The platform operates as a decentralized exchange focused on leveraged trading.
Real-World Adoption
The platform has maintained active trading volumes and user engagement since its launch. The project has successfully deployed on both Polygon and Ethereum networks, demonstrating technical capability and market presence.
Development Activity
The project maintains regular development updates and platform improvements. The team has consistently delivered on technical milestones and maintains active communication with the community.
Token Distribution
GFARM2 has a transparent token distribution model with tokens allocated for liquidity provision, development, and community rewards. The project maintains public documentation of token allocations and vesting schedules.
Crypto Impact
To assign a comfort level investing in Gains Farm 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 Gains Farm.
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.