UNDERSTANDING THE OIKOS EXCHANGE & ITS MERITS.
Oikos is hell-bent on creating on introducing a DeFi technology into the Tron network, with this development Oikos will create a uniquely decentralized digital currency exchange platform that operates solely on the basis of Tron blockchain. Oikos invention is not only timely but also necessary for the current world economic doldrums. Oikos is a project with lasting solutions for the present and greater solutions for the future.
THE OIKOS DECENTRALIZED SYNTHETIC ASSETS
Oikos can be best described as a tron port of synthetic Assets providing myraids of on-chain exposure to erstwhile fiat currencies, stocks, commodities & varying indices. The synthetic Assets do not occur in isolation because they are backed by the Oikos network tokens (OKS) all locked within the confines of a smart contract as it's collateral ( back-up). All prices of different assets are tracked using the Synths, crypto-native and unbanked users can also trade peer to contract (P2C) on the Oikos exchange without any limitations in terms of liquidity.
Oikos offers a full fledged trustless token exchange that allows users to trade any Tron-based token without any requisite withdrawals or deposits. The Oikos swap liquidity pools has almost no allowance for slippage for the different varieties of transactions. Just anyone with right standing can contribute by either addition or subtraction of liquidity to acquire mouth-watering commissions as OK S token rewards or exchange fees.
OIKOS HIGHLIGHTS
• All data prices are seamlessly obtained through the mixture of multiple sources and aggregated to develop a very active price Oracle mechanism.
• leveraging process are eased using top-notch developer tools.
• Facilitates trading in over 30 different synths of varying types and categories.
• Without wrapping one can join the liquidity pools to collect fees on TRX-TRX20 pairs.
• using constant product formula, an ultra modern liquidity sensitive pricing can be initiated.
Oikos is a project of many potentials offering a bridging function between the world of cryptocurrency & legal financial industry, using the duo of synth assets issuance and exchange systems. It offers not just great potentials for traders but also offers accessibility to investors wanting to access the varieties synth assets occuring either as stocks, indices, commodities, fiat currencies etc.
UNDERSTANDING THE OIKOS EXCHANGE & ITS MERITS.
The exchange is unique in all facets, it offers a uniquely modelled user-friendly interface that is capable of converting the different synthetic assets. All synth asset have a 100% backup worth of OKS (token), every activity within the confines of the platform revolves around the peculiarities of the OKS token.
Of cause the platform is not devoid of miners offering varying levels of task within the platform. Miners provides very appealing interactive interface for minting/burning of Synths, activating collaterization ratios, fees collection through the circulation of Synths. The process of minting Synths is made possible by locking OKS token into smart contracts, using at least 7.5 times more than the Synths you mint. This is necessary to ensure that they is stability to the system using over collaterization. Whenever there is a drastic decline in OKS price, the system has enough to ensure liquidity while it lasts.
MERITS OF EXCHANGE
Trading on the exchange comes with lots of heart warming benefits, that puts Oikos exchange above all other erstwhile centralized platforms. Trades are processed using the P2C (peer to contract) trading. With the Oikos exchange decentralized application, assets are not only converted but are also assigned an exchange rate via the price feeds supplied by an oracle.
CONCLUSION
This article provides an obvious insight into the Oikos project. Oikos project which is built on tron blockchain provides on-chain exposure services to stocks, commodities, fiat currencies and indices. All synthetic assets are backed by the unique Oks tokens all locked within the confines of a smart contract.
For more information visit:
Website: https://oikos.cash/
Litepaper: https://docs.oikos.cash/litepaper/
ANN Thread: https://bitcointalk.org/index.php?topic=5241400
Twitter: https://twitter.com/oikos_cash
Telegram: https://t.me/oikoscash
Author
Bitcointalk username: caliz
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