Huckleberry
Crypto Overview
Overview
Huckleberry (FINN) is a cryptocurrency operating on the Solana blockchain that aims to provide decentralized finance (DeFi) services. The project was launched in 2023 as part of the broader Solana DeFi ecosystem.
Purpose and Utility
Huckleberry's primary stated purpose is to serve as a governance token for the Huckleberry protocol, which provides decentralized trading and liquidity provision services. Token holders can participate in protocol governance decisions and earn rewards for providing liquidity.
Business Model
The protocol generates revenue through trading fees and liquidity provision. The business model focuses on facilitating decentralized trading while avoiding traditional lending and interest-bearing services.
Development and Adoption
The project has shown active development on Solana, with regular updates to the protocol. While adoption is still in early stages, there is evidence of growing trading volume and liquidity provision on the platform.
Token Distribution
The token distribution includes allocations for the team, development fund, and community treasury. Team tokens are subject to a vesting schedule to align long-term incentives.
Crypto Impact
To assign a comfort level investing in Huckleberry 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 Huckleberry.
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.