Oikos is a Tron based synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices. Synthetic assets (Synths) are backed by Oikos Network Tokens (OKS) locked into a smart contract as collateral. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade P2C (peer-to-contract) on Oikos Exchange without liquidity limitations.
Highlights
- Price data is obtained via multiple trusted sources and aggregated to create a robust price oracle mechanism
- Developer tools make it easy to create applications leveraging Oikos services
- Trade over 30 different Synths from various categories
- Join liquidity pools to collect fees on TRX-TRC20 pairs. Trade TRX for any TRC20 without wrapping.
- Liquidity-sensitive automated pricing using constant product formula.
By locking up OKS, issuing Synths and taking on the debt of those Synths, one also becomes a staker and starts earning staking rewards. These take the form of a portion of the Oikos Exchange fees as well as a share of the inflationary supply. The exchange fees are currently set at 0.3% per trade. They are put into a pool, where they can be claimed by stakers proportionate to their outstanding debt. So the more Synths someone issues, the more staking fees they earn. However, they can only earn staking rewards if they maintain a ~750% collateralisation ratio. This incentivises people to actively maintain their personal 750% ratios.
Trustless Token Exchange
Oikos Swap is a Tron port of Uniswap: a trustless decentralized exchange that allows users to trade any Tron-based token without any deposits or withdrawals to a centralized order book. Better yet, Oikos Swap liquidity pools have little to no slippage for the vast majority of transactions. Anyone can contribute by adding or removing liquidity to gain commissions in the form of exchange fees as well as rewards paid in OKS token.
Automated 24/7 Trading
Oikos Swap lets you trade tokens any time of day or night. All trades are executed via a decentralized smart contract.
Trade TRC-20 Tokens
Oikos Swap lets you trade TRC-20 protocol tokens on the Tron blockchain.
Decentralized Exchange
Oikos Swap is like a decentralized exchange in that you can trade tokens without the intervention of a centralized third party. However, it’s different from a decentralized exchange in that there’s no real P2P “exchange” taking place. You’re swapping tokens with a liquidity pool.
Runs in Perpetuity
Oikos Swap cannot be stopped. The protocol will run in perpetuity for as long as the Tron network is running.
Can Handle Orders of Any Size
Oikos Swap can technically handle any size of order — from 0 to infinity. The protocol uses an asymptotic curve to increase the price of the coin as the desired quantity increases. This means Oikos Swap can handle orders of any size but really large orders are prohibitively expensive after a certain limit.
Conclusion
Oikos has already delivered one of the most complex and useful protocols built on Tron to date. But the potential for censorship-resistant synthetic assets is still largely untapped. Further improvements to the mechanism as well as functional upgrades and new Synths will vastly increase the utility of the platform. Movement to a decentralised governance process will also reduce systemic risk and increase the long term viability of the project.
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Website: https://oikos.cash/
Oikos Exchange: https://oikos.exchange/
Lightpaper: https://docs.oikos.cash/litepaper/
Github: https://github.com/orgs/oikos-cash/
Twitter: https://twitter.com/oikos_cash
Discord: https://discord.gg/qjuqy6X
Telegram : https://t.me/oikoscash
Bitcointalkprofile: https://bitcointalk.org/index.php?action=profile;u=2674052