DeFi Halal

decentralised borrowing protocol allowing to draw 0% interest loans against Matic. Compliant with Islamic finance!

[DefiLlama.com @DefiLlama]

Now tracking @DefiHalal on @0xPolygon

DeFi Halal is a decentralized borrowing protocol that allows you to draw 0% interest loans against Polygon MATIC used as collateral.

https://t.co/SZMtkFo9XA

[DeFi Halal @DefiHalal]

Please don't forget to cast a vote for our project in the Polygon Grants competition, we've received some votes from the community already and every single one counts a lot for us: https://t.co/o2tzBIdy4S #Polygon #Quickswap #matic #DoraHacks #hackerlink #DeFi #financialinclusion

[DeFi Halal @DefiHalal]

Our future plans include deploying on #Arbitrum #Optimism @avalancheavax @FantomFDN @BinanceChain @Algorand - always open to collaboration ideas from other blockchain projects #DeFi #stablecoins #blockchain #ETH #Polygon

[DeFi Halal @DefiHalal]

@defihalal is super happy to be listed on @DefiLlama Many thanks to @0xngmi! we're a decentralized borrowing protocol that allows you to draw 0% interest loans against MATIC used as collateral. @QuickswapDEX @0xPolygon #ETH #DeFi #AVAX #MATIC #FTM #PolygonNetwork #Stablecoin

[DeFi Halal @DefiHalal]

@defihalal is super happy to be listed on @DefiLlama Many thanks to @0xngmi! we're a decentralized borrowing protocol that allows you to draw 0% interest loans against MATIC used as collateral. @QuickswapDEX @0xPolygon #ETH #DeFi #AVAX #MATIC #FTM #PolygonNetwork #Stablecoin

[0xngmi @0xngmi]

The only requirement to get listed on defillama is to have TVL, no matter how big or small. Actually I just listed a protocol with 70$ in TVL

[DeFi Halal @DefiHalal]

@DeFiHalal is looking forward to working with @CoinMarketCap as [email protected]

[DeFi Halal @DefiHalal]

@graphprotocol hey guys, we've been waiting for a dex subgraph to sync for three days now... what's your average dex syncing time? And any way to speed it up?

[DeFi Halal @DefiHalal]

@graphprotocol hey guys, we've been waiting for a dex subgraph to sync for three days now... what's your average dex syncing time? And any way to speed it up?

[DeFi Halal @DefiHalal]

@0xPolygon hey guys, we submitted our social profiles and logos for our tokens already quite a few days ago and they are still not showing on polygonscan. Any issues there?

[DeFi Halal @DefiHalal]

@weiye08821114 we're certainly thinking about one! 🎇

[DeFi Halal @DefiHalal]

DeFi Halal Protocol provides a zero-interest way of borrowing USDH for an unlimited period as long as the borrowing meets above collateral requirements.

DeFi for good! No-interest borrowing protocol on Polygon has arrived! 🚀🌜🎉

[DeFi Halal @DefiHalal]

Congrats to @QuickswapDEX + .@0xPolygon - we at @DefiHalal are launching the 1st DeFi protocol on Polygon with 0% interest, very affordable amounts and stablecoin lending against MATIC! Building on both @0xPolygon + @QuickswapDEX! Any support/grants are most welcome by us too!🚀

[QuickSwap 🐲 DragonFi 2.0 @QuickswapDEX]

We are thrilled and grateful to @0xPolygon for their support🙏

🗞️ More news soon to follow, stay tuned: https://t.co/QqwaukLIyp

[DeFi Halal @DefiHalal]

In summary, DeFi Halal protocol offers:
- Zero (0%) interest, consistent with the Islamic Finance principle of no-interest
- Unlimited period of borrowing as long as collateral is met
- Attractive min collateral ratio of only 110%
- Lower fees and min loan amounts
- On Polygon!

[DeFi Halal @DefiHalal]

It benefits from a minimum loan size of not LUSD1,800, but USDH9 and fees of not LUSD200, but only USDH1. For collateral, It uses the native token of the Polygon network called MATIC, which is really easy to obtain via various channels like dexes or centralised marketplaces.