Unreal Finance
Crypto Overview
Project Overview
Unreal Finance is a decentralized derivatives protocol built on Ethereum that enables options trading with real yield-generating strategies. The UGT token serves as a governance token for the protocol.
Purpose and Utility
The UGT token grants holders voting rights over protocol parameters and treasury management. Token holders can participate in governance decisions affecting the protocol's development and revenue distribution.
Business Model and Operations
The protocol generates revenue through trading fees from options transactions. Users can stake UGT tokens to earn a share of protocol revenues.
Platform Development and Activity
The project maintains active development on GitHub, with regular updates to the protocol's smart contracts. The team has implemented security audits through established firms.
Token Distribution
According to available data, the token distribution includes: 30% to the team and advisors (with 2-year vesting), 20% for protocol treasury, 30% for liquidity mining and rewards, and 20% for public sale participants.
Crypto Impact
To assign a comfort level investing in Unreal 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 Unreal 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.