KyotoSwap
Crypto Overview
Project Overview
KyotoSwap is a decentralized exchange (DEX) and automated market maker (AMM) protocol built on the Base blockchain network. The KSWAP token serves as the platform's governance and utility token.
Purpose and Utility
The primary intended purpose of KSWAP is to facilitate decentralized trading and provide governance rights within the KyotoSwap ecosystem. Token holders can participate in protocol governance decisions and earn rewards through providing liquidity.
Business Model Analysis
The platform generates revenue through trading fees, with a portion distributed to liquidity providers and token holders. The core business model revolves around facilitating asset exchange without intermediaries, which aligns with Islamic principles of fair trade.
Real-World Adoption
KyotoSwap is operational on the Base network with active trading pairs and liquidity pools. While still in its early stages, the platform demonstrates genuine utility through its DEX functionality.
Development Activity
The project maintains an active development presence with regular updates to the protocol. The team has focused on security audits and technical improvements to ensure platform stability.
Token Distribution
The token distribution includes allocations for liquidity mining, team members, and development fund. Team tokens are subject to vesting periods, showing commitment to long-term development.
Crypto Impact
To assign a comfort level investing in KyotoSwap 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 KyotoSwap.
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.