BitMart, a premier global digital asset trading platform will list MRHB Network (MRHB) on March 9, 2022. For all BitMart users, the MRHB/USDT trading pair will be officially available for trading at 07:00 AM EST.
What is MRHB Network?
MRHB DeFi is the first halal, decentralized finance (DeFi) platform built to embody the true spirit of ethics and inclusion by following faith-based financial and business principles where all excluded communities can benefit from the full empowerment potential of DeFi, the majority of whom have thus far been excluded due to lack of halal compliance, complexity and product fragmentation in crypto and DeFi offerings.
The first of its kind to address this major gap, MRHB focuses on providing excluded and crypto-cautious communities greater access to the growing opportunities and utilities of the crypto space. While inclusive of all faiths, the project is underpinned by faith-based DeFi offerings which adhere to the ethical investment and financing principles rooted in Islamic Finance. Many values upheld by the halal platform also align with the United Nations Sustainable Development Goals. Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing. These principles have universal appeal far beyond the faith conscious community.
Currently, the Islamic Finance market is around USD 3 trillion in size, growing and serves over 1,000,000,000 people globally. Bringing even a small portion of this liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.
Liquidity Harvester
MRHB’s proprietary trailblazer algorithm will scan the cryptoverse and use the power of DeFi to generate [5-15%] variable returns annually using stablecoins to reduce risk. The ‘Pro’ version will generate higher returns with higher volatility using altcoins and will be suitable for institutional investors.
Sahal Wallet
MRHB’s cross-chain mobile wallet is the community gateway into the entire MRHB DeFi Ecosystem. The wallet will automatically screen out the coins, tokens and protocols that include interest-based returns or are linked to gambling, pornography and other activities deemed unethical or non-halal.
Souq NFT
Souq NFT provides the community with a cost-effective NFT collection creation platform together with a comprehensive listing and auction marketplace. Includes innovative features like lazy minting and uniqueness checker.
DeXregator
This tool provides a single point of entry to scan and swap tokens in the fragmented cryptoverse to ensure trading at the best rate possible while minimising slippage and preventing front-running.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 800+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About MRHB.Network
A key principle of MRHB is that interest-based lending drives excessive indebtedness and consumption which is contrary to financial, environmental and social sustainability. Thus amongst other services the MRHB.Network platform will offer interest-free based crypto financing in the future.To learn more about MRHB DeFi, please visit their Website, follow their Twitter and join their Telegram.
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