Connect with us
European Gaming Congress 2024

Blockchain

LBank Exchange Will List Marhaba Network (MRHB) on February 17, 2022

Published

on

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 users of LBank Exchange, the MRHB/USDT trading pair 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 financial 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 indicates, it has a vision of bringing a platform that includes all communities, rather than making it an offering exclusive to only Muslims. MRHB, the utility token of the platform, will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, to further expand its global reach and help it achieve its vision.

Introducing MRHB DeFi

MRHB DeFi is an ethical decentralized financial platform that encourages participation in this new era of financial revolution and aims to uphold halal standards within cryptocurrency offerings via a user-friendly interface that simplifies the complexities of DeFi. Through its technical expertise and extensive knowledge of how the Islamic ecosystem works, MRHB DeFi will aim to bridge the gap between the Muslim community and the blockchain world.

Advertisement

MRHB DeFi is a platform built to promote the true spirit of an “Inclusive DeFi”, where all communities, including the ones from the Islamic world, can reap the rewards of DeFi. Based on the core principles of blockchain such as trust, transparency, and security, MRHB DeFi has focused on encapsulating Islamic Finance principles in the blockchain. Smart contracts play a crucial role in the MRHB ecosystem, they are set to prohibit the use of any ‘haram’ assets, ensuring that halal principles are upheld while trading or investing in cryptocurrencies.

The platform offers numerous products and services, including Sahal Wallet, a non-custodial iOS and Android wallet that allows only compliant tokens to be stored, transacted, 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 serving to bring the best rates with minimal slippage and TX fees wherever possible; Interest-Free Lending and Borrowing; DePhi Protocol, a decentralized philanthropy protocol relying on ZK-Snarks privacy to maintain privacy and anonymity; Launchpad, a decentralized cross-chain Launchpad funding and building the start-ups of tomorrow within the blockchain space; Governance and DAO, a DAO handed over to MRHB holders via governance.

Powered by a team of dedicated experts in the fields of finance, technology, and Islamic finance & theology, MRHB DeFi welcomes all to a world full of decentralized financial opportunities.

About MRHB Token

MRHB is a utility token that is initially minted on the BSC. It will be used to facilitate the entirety of the MRHB ecosystem. The MRHB token is Halal and will maintain compliance throughout its existence. It has utilities in platforms and services such as NFT Minting Platform, NFT Marketplace, Liquidity Harvester, Sahal Wallet, MRHB Launchpad, MRHB DEX, Incentivisation, and Governance.

Advertisement

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 as a part of the seed round, 3% is sold as a part of the strategic round, 9% is provided for the pre-IDO public sale, 1% is provided for the IDO sale, 7% is provided for strategic partnerships, 15% is allocated to the team, 5% is allocated to advisors, 10% is provided for platform rewards, and the rest 20% is provided for the treasury.

The MRHB token will be listed on LBank Exchange at 21:00 (UTC+8) on February 17, 2022, investors who are interested in MRHB DeFi investment can easily buy and sell its token on LBank Exchange then. The listing of MRHB on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about MRHB Token:

Official Website: https://mrhb.network
Telegram: https://t.me/mdf_official
Twitter: https://twitter.com/MarhabaDeFi
Discord: https://discord.com/invite/DubSjKmkBX

Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4419379306777-MRHB-Marhaba-Network-will-be-listed-on-LBank

Advertisement

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe 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 from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram
l Twitter
l Facebook
l Linkedin

Advertisement

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

MRHB Network
[email protected]

PR Contact:
ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113841

Advertisement

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

OKX to Spotlight Onchain Innovation as Special Sponsor of Blockchain Life 2024 in Dubai

Published

on

okx-to-spotlight-onchain-innovation-as-special-sponsor-of-blockchain-life-2024-in-dubai
Continue Reading

Blockchain

Climate Tech VC Cerulean Ventures to Hold Biodiversity Roundtable during UN Biodiversity COP 16, Cali, Colombia

Published

on

climate-tech-vc-cerulean-ventures-to-hold-biodiversity-roundtable-during-un-biodiversity-cop-16,-cali,-colombia
Continue Reading

Blockchain

CfPA Announces 2024 Regulated Investment Crowdfunding Summit: a growing economic force powering American entrepreneurism and innovation

Published

on

cfpa-announces-2024-regulated-investment-crowdfunding-summit:-a-growing-economic-force-powering-american-entrepreneurism-and-innovation
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE