Solster Finance
Crypto Overview
Purpose and Utility
Solster Finance was designed to be a decentralized IDO (Initial DEX Offering) platform built on the Solana blockchain. The STR token was intended to provide governance rights and IDO participation access to holders.
Platform Review
Based on our research, the project appears to be inactive. The official website is no longer accessible, social media channels have been dormant since 2022, and there is no recent development activity on their GitHub repositories. The token shows minimal trading volume across decentralized exchanges.
Token Distribution and Governance
Due to the project's apparent abandonment, detailed information about token distribution, vesting schedules, and current governance implementation is not verifiable.
Current Usage
There is no evidence of active usage of the platform or token for its intended purposes. The token appears to only exist as a tradeable asset on some decentralized exchanges with very low liquidity.
Crypto Impact
To assign a comfort level investing in Solster 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 Solster 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.