OIKOS– BRINGING DECENTRALIZED FINANCE TO THE TRON BLOCKCHAIN NETWORK
Decentralized Finance (DeFi) became the order of the day following the proliferation of blockchain networks. The idea is to reduce the control of finance from the hands of a few centralized authorities. The repositioning done in this case is to allow the users cum investors to control their finances.
Several blockchain networks have emerged to bolster the use of DeFi networks. Yet, some of them have encountered challenges along the line. That informed the reason why Oikos is here to contribute to the growth of the DeFi industry by using the Tron blockchain network.
Synthetic Asset Platform
If there is anything that Oikos should be remembered for, it is the fact that it is leveraging the Tron blockchain network to facilitate the trading of synthetic assets.
Worthy of mention is that synthetic assets are the mix or diversification of assets of the same value. The idea is to peg the value of the synthetic assets to the value of another asset that shares the same value as it does. Synthetic assets are more or less the same as some of the assets that are traded all over the world. That includes but not limited to futures, swaps, and options, as well as underlying assets like interest rates and commodities.
Features of the Oikos DeFi Platform
So many features and factors make Oikos one of the best Decentralized Finance (DeFi) platforms out there.
Here are some of the attributes of Oikos in particular and the broader Oikos ecosystem in general:
Varieties of Assets
Considering that Oikos is a Synthetic Asset (Synth) platform, it makes sense that it provides the users with multiple assets.
And that’s what it does! Oikos promises the users access to over 30 Synthetic Assets (Synth). For added spice, the platform also offers the assets in different categories.Asset Tracking
The other reason why you should invest in Oikos is that it helps to track assets. The idea is that when you use your Oikos Network Tokens (OKS) to purchase, you will be automatically allowed to use your purchase Synthetic Assets (Synths) to track the underlying assets.
For example, if you bought Synths like stocks, fiat currencies and indices, you can use to track underlying assets like commodities and interest rates.
Besides, you can track the underlying assets without necessarily holding any of the asset classes. In this case, you are the primary facilitator of the transactions without necessarily having to trust a custodian or any other third party.DApps
Decentralized Applications (DApps) can also be created or developed using the Oikos framework.
This is usually the case when leveraging the developer tools that allow for the integration of services that are available in the broader Oikos ecosystem.
** Conclusion**
Oikos is set to change how we go about Decentralized Finance (DeFi). The Tron blockchain network that enables decentralization to the core is also available to ensure that the bringing and implementation of DeFi on its network via Oikos is possible.
Don't waste more time, join the Oikos train!!
USEFUL LINKS
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
AUTHOR
Bitcointalk Username: Intertek
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2760026;sa=summary