Salam aleykom mufti sahb,
Are tokens such as synthetix and spartan protocol haram to trading, it is incentivised
liquidity & synthetic assets protocol. I see that the one part of spartan protocol supports lending. Is it then haram? They describe the project as:
Spartan Protocol provides community-governed and programmable token emissions functions to incentivize the formation of deep liquidity pools. This strong base of liquidity will be utilized to provide asset swaps, synthetic token generation, lending, derivatives and more. The common base asset SPARTA provides an internal pricing mechanism without reliance on external oracles.
I hope you can give insight in this.
Wa salam,
Massih