ZooKeeper
Crypto Overview
Project Overview
ZooKeeper is a gamified yield farming platform built on the Wanchain blockchain. The platform allows users to stake WAN tokens and other Wanchain-based tokens to earn ZOO tokens.
Purpose and Utility
The primary utility of ZOO tokens is governance and incentivization within the ZooKeeper ecosystem. Token holders can vote on platform decisions and earn rewards through staking activities. The token also serves as a means of exchange within the platform's NFT marketplace.
Business Model Analysis
The platform's core functionality revolves around staking and yield farming mechanisms. Users can stake their tokens in various 'Zoo' pools to earn ZOO tokens. The project also features an NFT component where users can collect and trade digital assets representing various animals.
Development and Adoption
The project maintains active development on the Wanchain network. The development team regularly updates the platform and maintains transparency through their documentation and social media channels. While the user base is relatively small compared to major DeFi platforms, there is consistent activity in the staking pools and NFT marketplace.
Token Distribution
The token distribution appears relatively balanced, with mechanisms in place to prevent excessive concentration of tokens. The team's allocation includes vesting periods, which helps align long-term incentives.
Crypto Impact
To assign a comfort level investing in ZooKeeper 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 ZooKeeper.
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.