Liquidus Foundation

Halal Rating :
Uncomfortable
Last Price $0.1 Last updated:
Rank 7079
1D Change -2.26 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Binance Chain

Purpose and Utility

Liquidus Foundation aims to simplify DeFi investment management by providing a platform that aggregates various DeFi protocols and offers automated yield optimization strategies. The project's native token LIQ serves as a governance token and provides access to premium features within the ecosystem.

Business Model Analysis

The platform's core functionality revolves around DeFi yield aggregation and optimization. This includes protocols for lending and borrowing cryptocurrencies to generate yields, which raises concerns from an Islamic finance perspective since these activities typically involve interest-based transactions that aren't structured as charitable lending.

Real-World Adoption

The platform has shown limited adoption in the DeFi space. While the project maintains active development and community engagement, the primary use case remains centered around yield generation through lending and borrowing mechanisms.

Platform Development

The project maintains regular updates to its platform and has an active development team. The GitHub repository shows consistent commits and technical improvements to the protocol.

Token Distribution and Vesting

The token distribution appears relatively concentrated, with significant allocations to the team and early investors. Vesting schedules are in place to prevent immediate dumping of tokens.

Crypto Impact

To assign a comfort level investing in Liquidus Foundation 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 Liquidus Foundation.

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.