The project provides a cross chain transfer platform. The aim is to ease users from multi chain transfer their assets to multiple chains by using a single transaction. There are various products including liquidity pool and farming, but overall they are all neutral. We would say they just act as currency exchange but in web3 world that revolves around various blockchain. The project is neutral.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | The project provides a cross chain transfer platform. The aim is to ease users from multi chain transfer their assets to multiple chains by using a single transaction. There are various products including liquidity pool and farming, but overall they are all neutral. We would say they just act as currency exchange but in web3 world that revolves around various blockchain. Overall, this network is neutral. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | All the token utilities are permissible.Nothing shady here, the token used to pay reward far liquidity pool, protocol fees and other common utilities. | Passed |
| Staking Method | Not implemented yet, but based on what has been documented, it should be permissible. | Passed |
Read the source document and verify project fundamentals.