Internet City, Dubai – (Newsfile Corp. – February 15, 2022) – LBank Exchange, a global digital asset trading platform, will list Marhaba Network (MRHB) on February 17, 2022. For all LBank Exchange users, the MRHB/ USDT will be officially available for trading at 21:00 (UTC+8) on February 17, 2022.
Figure 1: LBank Exchange will list Marhaba Network (MRHB) on February 17, 2022
As an ethical decentralized finance platform, Marhaba Network (MRHB) DeFi aims to bridge the gap between the Muslim community and the blockchain world. But as the name Marhaba, which means “Welcome” in Arabic, suggests, it has a vision to bring a platform that includes all communities, rather than making it an exclusive offer for Muslims only. MRHB, the platform’s utility token, will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, to further expand its global reach and help realize its vision.
Presentation of the MRHB DeFi
MRHB DeFi is an ethical decentralized financial platform that encourages participation in this new era of financial revolution and aims to maintain halal standards in cryptocurrency offerings through a user-friendly interface that simplifies the complexities of DeFi. With its technical expertise and in-depth knowledge of how the Islamic ecosystem works, MRHB DeFi will aim to bridge the gap between the Muslim community and the blockchain world.
MRHB DeFi is a platform designed to promote the true spirit of an “inclusive DeFi”, where all communities, including those in the Islamic world, can reap the benefits of DeFi. Based on the fundamental principles of blockchain such as trust, transparency and security, MRHB DeFi has focused on encapsulating the principles of Islamic finance in the blockchain. Smart contracts play a crucial role in the MRHB ecosystem, they are intended to prohibit the use of any ‘haram’ assets, ensuring that halal principles are adhered to when trading or investing in cryptocurrencies.
The platform offers numerous products and services, including Sahal Wallet, a non-custodial iOS and Android wallet that only allows compliant tokens to be stored, processed and managed by the user; Souq NFT, a cross-chain “no-code” marketplace to encourage and promote Islamic arts and contemporary calligraphy; Liquidity Harvester, a cross-chain passive income generator (5 – 15%) for the masses; Cross-Chain DEX Aggregator, an aggregator used to offer the best rates with minimal slippage and TX fees wherever possible; Interest-free loans and borrowings; DePhi Protocol, a decentralized privacy-based philanthropy protocol from ZK-Snarks to maintain privacy and anonymity; Launchpad, a decentralized cross-chain Launchpad that funds and builds tomorrow’s start-ups in the blockchain space; Governance and DAO, a DAO given to holders of MRHB via governance.
Powered by a dedicated team of experts in the fields of finance, technology and Islamic finance and theology, MRHB DeFi welcomes all to a world full of decentralized financial opportunities.
About the MRHB token
MRHB is a utility token that is initially minted on the BSC. It will be used to animate the entire MRHB ecosystem. The MRHB token is Halal and will maintain compliance throughout its existence. It has utilities in platforms and services like NFT Minting Platform, NFT Marketplace, Liquidity Harvester, Sahal Wallet, MRHB Launchpad, MRHB DEX, Incentivization and Governance.
The MRHB DeFi ecosystem has a total supply of 1 billion (i.e. 1,000,000,000), which means that the number of tokens that will ever be minted for the platform will be a maximum of 1 billion, and this number can never be changed. 30% of it is sold in seed round, 3% is sold in strategic round, 9% is scheduled for pre-IDO public sale, 1% is scheduled for IDO sale, 7 % is allocated for strategic partnerships, 15% is allocated to the team, 5% is allocated to advisors, 10% is for platform rewards and the remaining 20% is allocated to cash.
MRHB token will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, investors interested in MRHB DeFi investment can then easily buy and sell its token on LBank Exchange. The listing of MRHB on LBank Exchange will undoubtedly help it further expand its business and attract more attention in the market.
Learn more about the MRHB token:
Official website: https://mrhb.network
Announcement of listing on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4419379306777-MRHB-Marhaba-Network-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange offers its users secure crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in over 210 regions around the world.
Start trading now: lbank.info
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LBK Blockchain Co. Limited
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