White Whale
Crypto Overview
Overview
White Whale is a DeFi protocol built on the Terra blockchain that aims to provide arbitrage and liquidity management solutions. The WHALE token serves as the protocol's governance token and provides access to protocol features.
Purpose and Utility
The primary purpose of White Whale is to automate arbitrage opportunities across different decentralized exchanges and provide liquidity management tools. The WHALE token enables holders to participate in governance decisions and earn rewards from protocol activities.
Business Model Analysis
The protocol's business model focuses on legitimate market activities through arbitrage and liquidity provision. These activities involve real asset exchanges and create actual value in the ecosystem by helping maintain price stability across different platforms.
Platform Development and Adoption
White Whale has demonstrated ongoing development activity and maintains active GitHub repositories. The protocol has expanded beyond Terra to other chains including Osmosis and Injective, showing technical progress and adoption.
Token Distribution and Governance
The WHALE token distribution includes allocations for community incentives, development, and protocol treasury. The token serves clear utility purposes through governance and protocol participation.
Crypto Impact
To assign a comfort level investing in White Whale 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 White Whale.
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.