It was deemed haram by one of the sources we use, possibly because the token is used as collateral for lending activities? We havent done a complete review of it yet, but it seems no different to other comparable services where some aspects are haram. The same may apply here but requires a full review…. I’d suggest reading up on similar projects so you get a better idea, perhaps start at https://cryptoummah.com/category/shariah-screening/exchanges/
Why is woo haram?
Thanvir Edited answer