Pig Finance
Crypto Overview
Overview
Pig Finance appears to be a deflationary token launched on the Binance Smart Chain (BSC). Based on the available information, the project seems to be inactive or abandoned, with very limited recent trading activity.
Purpose and Utility
The project claimed to be a yield farming and liquidity provision protocol, but there is no evidence of current active development or meaningful utility. The token's initial features included automatic liquidity provision and reflection rewards to holders.
Business Model Evaluation
The business model was primarily focused on tokenomics and yield generation through trading activity. While the basic token transfer mechanism is permissible from a Shariah perspective, the lack of clear utility beyond speculative trading raises concerns.
Real-World Adoption
Current on-chain data shows minimal trading activity and extremely low liquidity. There is no evidence of significant real-world adoption or active use cases.
Development Activity
There appears to be no recent development activity. The project's social media channels and website are either inactive or non-functional.
Crypto Impact
To assign a comfort level investing in Pig Finance 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 Pig Finance.
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.