Is Blur (BLUR) Halal or Haram?
Shariah compliance review of Blur (BLUR) by Islamic finance scholars at EthicalNode, with separate verdicts for trading and for staking.
Trading verdict: Questionable
BLUR is the native governance token of Blur, an NFT marketplace and aggregator known for its advanced features like real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. It offers faster NFT sweeps and a more intuitive interface compared to other platforms. One of the projects the protocol provides is Blend, which is lending protocol. It needs further and deeper analisys before we can make an assumption about the permissibility of the token.
Staking verdict: Questionable
It is advised to avoid any form of staking of BLUR token at this point, for the same reasons provided in trading section, which is the presence of lending protocol.
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