Mochi DeFi
Crypto Overview
Project Overview
Mochi DeFi is a decentralized finance protocol that appears to have been launched in late 2021. However, I cannot find definitive current information about this project. The official website is no longer accessible, and there is minimal recent activity in public repositories or social media channels.
Intended Purpose and Utility
Due to the lack of current reliable information, I cannot definitively state the intended purpose or actual utility of the MOCHI token. Historical references suggest it was meant to be used within a DeFi ecosystem, but details about specific functionalities are unclear.
Development Activity and Platform Status
There appears to be little to no recent development activity that can be verified. The project's social media accounts and communication channels show no recent updates.
Token Distribution and Governance
Information about token distribution, vesting schedules, and current governance structure is not readily available from verifiable sources.
Crypto Impact
To assign a comfort level investing in Mochi DeFi 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 Mochi DeFi.
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.