Kassandra
Crypto Overview
Purpose and Utility
Kassandra is a decentralized investment protocol that allows users to create and invest in tokenized crypto portfolios called 'investment pools.' The KACY token serves as the governance token for the Kassandra DAO, enabling holders to participate in protocol decisions and earn rewards from protocol fees.
Business Model
The platform generates revenue through fees collected from investment pool creation and management. These fees are distributed to KACY stakers. The core business model revolves around providing infrastructure for creating and managing crypto investment pools in a decentralized manner.
Real-World Adoption
The protocol is operational on multiple blockchain networks including Polygon and Binance Smart Chain. While adoption metrics are modest, the platform has active investment pools and regular protocol updates.
Development Activity
The project maintains active development with regular updates to its smart contracts and user interface. The team consistently pushes updates to their GitHub repository and maintains transparent communication through their documentation and social channels.
Token Distribution
The KACY token has a transparent distribution model with defined allocations for team, development, and community. Team tokens are subject to vesting periods, showing commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Kassandra 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 Kassandra.
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.