Voltz

Halal Rating :
Uncomfortable
Last Price $0.0028 Last updated:
Rank 8769
1D Change -3.60 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Ethereum Ecosystem

Purpose and Utility

Voltz is a decentralized protocol for interest rate swaps (IRS) on Ethereum. The protocol allows users to trade variable and fixed interest rates without requiring actual ownership of the underlying assets.

Business Model

The protocol's core functionality revolves around facilitating interest rate swaps and derivatives trading. Users can speculate on interest rates or hedge their exposure to variable rates.

Real-World Adoption

The protocol has limited adoption within DeFi circles, primarily used by traders and institutions looking to manage interest rate exposure.

Development Activity

The project maintains active development with regular updates to the protocol and documentation. The team consistently pushes code updates and improvements to the platform.

Token Distribution

The VOLTZ token serves as a governance token for the protocol, with distribution details and vesting schedules publicly available through their documentation.

Crypto Impact

To assign a comfort level investing in Voltz 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 Voltz.

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.