Assalaamu ’ alaikum,
Is it permissible to stake a DEX coin (utility coin) and receive in exchange transaction fee rewards from the platform transaction fees. The transaction fees is from exchanging tokens on the platform, no lending or borrowing or such thing. Just liquidity providing for exchanging.
Djazzak allah
Thank you for this question; I’ve seen some new Dexs doing this type of thing; just to give an example to clarify the situation; this is a protocol named gamma which manages user’s liquidity in Uniswap and takes a portion of the fees generated and distribute them to gamma token stakers. It is like a profit sharing mechanism.
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