The Basics

Introduction

HOME OF ETHICAL WEB3

Ethics-first network that welcomes sustainability-centered developers, validators and open source contributors as well as Muslim innovators in sustainable Finance.

Islamic Coin($ISLM) is the native currency of HAQQ Network.

ABOUT HAQQ HAQQ brings together the most reputable actors in ethical finance to promote community-driven decentralized technologies worldwide.

HAQQ is an EVM-equivalent chain based on Cosmos SDK. The technology behind HAQQ makes it possible for any smart contract created on other EVM chains to be deployed onto the new network without any changes needed.

MISSION

Crypto has lost its path – grid-driven practices in crypto prevent mass adoption. HAQQ’s mission is to make Web3 projects accessible to everyone.

VISION

HAQQ is balancing Shariah-compliant philosophy and cutting-edge technology to create a fairer, more sustainable financial system. Muslims and ESG powered change throughout the world, and HAQQ is leading it.

Staking

There are currently 95 active validators(producing blocks and earning rewards). Network-wide APR can fluctuate and is currently around 7.8%. Staking Rewards accrue continuously but do NOT auto-compound - you will have to claim and delegate manually. Unstaking takes 21 days, during which you will NOT earn rewards.

Safety/Security

Your tokens will stay in your custody when staking $ISLM with a validator. This means you can, at any point, undelegate, even when a validator goes offline or becomes inactive. The worst thing that would happen is that you wouldn’t receive any new rewards, so choosing the proper validator is essential. There is no slashing active on Haqq.