OIKOS: A REWARDING EXCHANGE FOR OKS HOLDERS

INTRODUCTION

The best exchange any trader can have to enjoy trading and get rewards their little contributions is Oikos system. Most decentralized network have issues with the way they operate but there are certain uniqueness that makes Oikos a different one. So by defining Oikos according to the features and its ability to operate with synthetic assets, users should look out for such an amazing project as this one.

ABOUT OIKOS

This is the number one synthetic asset issuance network with so many options involved in the trading operations. It essentially functions with the OKS token as a token for collateralization of Synths following the conditions for the minting of the synthetic asset. This platform is created to solve slippage issues that involves liquidity in the use of various types of assets for it to support wide range of cryptocurrencies, fiats and common synths. OIKOS has provided a way to reward everyone involved in the ecosystem with tokens distribution on the exchange.

HOW OKS SERVE AS COLLATERAL

Using OKS as collateral is all about staking it and making them to serve a backup function for the synths. This is what makes synths production possible in the decentralized system as the holders of OKS plays along. The contract involved are able to make stakings guided as the user incurs the debt that follows the minting of the synthetic assets with a 800% ratio that makes it a deal.

OIKOS' TRX TOKEN FOR COLLATERAL JUST LIKE OKS

Just like the OKS token, the TRX serves users in the platform as another collateral. This is a sure support for OKS token especially when users cannot use it. Staking becomes a lot more fun with this token which can make users borrow Synths with a collateral ratio as low as 150% . It creates such a big opportunity for users and mints its own type of Synths (sTRX). The difference between it and OKS is the type of token they mint. TRX mints sTRX while OKS has the flexibility of minting about three different types of synthetic assets like sUSD, sEUR. While users of OKS can claim fees in the exchange, the holders or users of TRX cannot even contribute to the fee pool and are not regarded as contributors. There are exchange rewards associated with the use of tokens in OIKOS and also for the users who involve themselves in the use or trading of the synthetic assets. This is how the profit system is built and made to be in the interest of the participants.

CONCLUSION

The program involving the minting of Synths, burning and using of the different types of tokens will work to increase people's engagement with cryptocurrencies, synthetic assets and to get rewarded in this platform. All users having obtain the token with the right C-Ratio will begin to stake their balances, getting their funds locked and increasing their profiting from the revenues generated through the Synths and the rewards altogether. No user will be left out of this plan to earn and become dependent in the use of OKS and synthetic assets.

USEFUL LINKS
Github: https://github.com/orgs/oikos-cash/
Medium: https://medium.com/@oikoscash
Telegram: https://t.me/oikoscash
Twitter: https://twitter.com/oikos_cash
Facebook: https://www.facebook.com/Oikoscash-102203241479884/

AUTHOR'S DETAILS
Bitcointalk Username: Coderapid
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767522