Massive Protocol
Crypto Overview
Project Overview
Massive Protocol is a decentralized perpetual exchange built on the Base blockchain that launched in late 2023. The protocol aims to provide decentralized leveraged trading services through its MAV token.
Purpose and Utility
The MAV token serves as the protocol's governance token, allowing holders to participate in decision-making regarding protocol parameters and treasury management. The token also captures protocol fees from trading activities.
Business Model Evaluation
The core business model revolves around facilitating leveraged perpetual futures trading. The protocol generates revenue through trading fees, with a portion distributed to MAV token holders.
Platform Development and Adoption
The protocol has seen significant trading volume since launch, with active development and regular updates to the platform. The team maintains transparency through regular communications and development updates.
Token Distribution
The token distribution includes allocations for the team, treasury, and community, with vesting schedules in place for team tokens. Specific details about exact distribution percentages are publicly available in their documentation.
Crypto Impact
To assign a comfort level investing in Massive Protocol 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 Massive Protocol.
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.
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