Trade synthetic assets on OIKOS decentralise synthetic DeFi exchange
For many people who are familiar with the topic of cryptocurrency, Blockchain technology seems to be something that is not natural. Many don’t understand it at all, and some think that the blockchain is a single system where all crypto exists. This is partly true, but in practice there are many blockchain itself. Yes, they are often based on the principle of separating the same nodes in the network, but Blockchain is different.
The first embodiment of Blockchain technology is bitcoin cryptocurrency, which has become recognizable even among grandparents, because it makes a lot of noise with a sharp rise in prices. Remember that before, with one US dollar, you can buy yourself more than ten bitcoin. In 2017–2018, the price of one bitcoin reaches $ 20,000 per unit. So, after investing a few tens of dollars a few years ago, you will become a millionaire today. But we are a bit out of topic.
reated. All the synth assets and derivatives created on OIKOS platform are backed by (OKS) which is the native currency of Platform and are locked in a Smart contracts as Collateral. SYNTHS like Fiat currencies, stocks, commodities, and more will be created on Oikos platform. Oikos decentralized Exchange system support numerous sorts of assets like Commodities like Gold and silver represented by XAG and XAU respectively. Crptocurrencies and traditional stocks like Amazon, Google, Apple is additionally supported on Oikos platform. Fiat Currencies within the kind of USD, GBP,CAD, and more also supported on Oikos platform. of these assets may be created on-chain on Oikos Platform within the style of SYNTHS and traded. There are many kinds of products supported on the Oikos platform. Another powerful and interesting feature on Oikos platform is that the Oikos MINTER. Oikos Minter could be a decentralized application where OKS holders perform different actions within the network. It enables the platform users perform multiple functions like
OIKOS PLATFORM SOLUTIONS
Cryptocurrency exchanging has confined liquidity. This is one of the inspiration driving why Oikos procures Decentralized Finance and Synthetics.This improvement engage resources scaling in which genuine resources are being made on Chain in a trust-less way. As referenced in the areas above, Fiat Currencies such USD and GBP can be made On Chain including some extraordinary class of Financial instruments. Likelihood of making Fiat Collateralize Stable-coin, for instance, Tether, USDC, and some others without holding the real resources are discovered in Oikos stage. When in doubt, they have made a street in which different money related resources can be easily picked up anyway this requires some system which I will even now explain in this article.
Giving Liquidity: Oikos advancement will scale liquidity for the stage users.Unlike in some cryptocurrency exchange set up where there is reliably the issue of Liquidity .Synthetics would help markets to scale their exercises through positions supporting and advantage protection.
Smooth Cross Chain Innovation: Previously, cryptocurrency markets has persevered through a couple of limitations where there is a hindrance in the correspondence among blockchains. These issues cause compelled resources in some decentralized exchange. Oikos stage is offering the best cross chain advancement in which there will be no limitations in blockchain correspondence. Manufactured worth detectable quality, dealers don't have any motivation to have direct obligation regarding resource.
Take as much time as necessary to watch this video about the oikos stage
Decisively
Oikos Cash progression enable resources scaling in which genuine resources are being made on Chain in a trustless manner. Fiat Currencies such USD and GBP can be made On Chain including some unique class of Financial instruments. Likelihood of making Fiat Collaterized Stablecoin, for instance, Tether, USDC, and some others without holding the veritable resources is discovered in Oikos stage. This is a certifiable change in Crypto Space. Exchanging distinctive advanced resources as Synths will engage exchanging system. Brokers can trade reliably unbounded. This is doubtlessly a very awe inspiring turn of events. Do whatever it takes not to miss out.Be part of the early adopter of OKS token.
THE FUTURE OF OIKOS
The team of Oikos are not relenting on these achievement made so far but also projecting into the future to examine other features that can made this exchange platform more successful. These include:
Additional Synths: Aside the currently available synths, Oikos.Exchange projects to have additional synths like leveraged assets which are not available on other exchange platforms.
Synthetic Futures: Oikos.Exchange also plan to launch synthetic futures in years to come where self-balancing mechanisms will be adopted for Oikos Swap auto market maker algorithm, where the total open interest of each position and therefore the risk to OKS stakers is capped and borrow rates are adjusted based on the current open interest.
CONCLUSION
Oikos bridges the gap between the worlds of traditional finance and cryptocurrency through its decentralized synthetic asset issuance and exchange system. Our mission is to fulfill the largely untapped potential of censorship-resistant synthetic assets. Progressive improvements to the technology and growing adoption will steadily increase the utility of the platform. A move over to a decentralized governance process will also reduce systemic risk and increase the long term viability of the project.
For more enquiry about OIKOS, please click on the links below:
Website: https://oikos.cash/
Medium: https://medium.com/@oikoscash
Bitcointalk: https://bitcointalk.org/index.php?topic=5243484.0
Github: http://github.com/oikos-cash
Telegram: http://t.me/oikoscash
Twitter: http://twitter.com/oikos_cash
Discord: http://discord.gg/qjuqy6X
Litepaper: https://docs.oikos.cash/litepaper/
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