Tranche Finance

Halal Rating :
Uncomfortable
Last Price $0.036 Last updated:
Rank 2146
1D Change 0.04 %
Market Cap $728935.69
Circulating supply 20,000,000
Maximum supply 20,000,000

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Spartan Group

Overview

Tranche Finance is a decentralized protocol for managing risk and returns in DeFi. The platform allows users to split yield-bearing tokens into two separate tokens with different risk/return characteristics - one that provides fixed returns (similar to bonds) and another that offers leveraged returns.

Purpose and Utility

The SLICE token is the governance token of the Tranche Finance protocol. Token holders can participate in governance decisions and earn rewards for providing liquidity to the protocol. The primary utility includes voting rights, staking rewards, and protocol fee sharing.

Business Model Analysis

The core business model revolves around DeFi lending and interest-bearing products. The protocol essentially splits yield-bearing tokens into fixed and variable yield components, which inherently involves interest-based transactions.

Platform Development and Adoption

The project maintains active development on GitHub and has established partnerships with several DeFi protocols. However, the fundamental nature of the protocol's operations centers around interest-based financial products.

Token Distribution

The SLICE token has a total supply of 100 million tokens, with allocations to the team, advisors, and community. While the distribution appears relatively fair, the token's primary utility is tied to an interest-based system.

Crypto Impact

To assign a comfort level investing in Tranche 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 Tranche 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.

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