OIKOS PLATFORM - FIRST TRON BASED DEFI TECHNOLOGY AIMED AT SIMPLIFYING SYNTHETIC ASSETS UTILITY, INVESTMENT AND TRADING .
Due to the price volatility in the digital assets industry, it has become increasingly difficult for investors to efficiently utilize the system and profit greatly off it.
Liquidity problem as well as slippage issue has become a major problem in this industry and is experienced especially on the Decentralized exchanges (DEXs), as the price at which transactions are to be executed, end up falling during the actual period of transaction.
This is what contributes greatly to absence of liquidity and trade actions thereby making investments in digital assets to be difficult and unproductive.
OIKOS NETWORK - A GREAT MILESTONE FOR THE DEFI INDUSTRY
Oikos platform is an improved system that is here to introduce the utilization and promotion of trade in synthetic assets to the digital system, on the Tron network.
Oikos is seeking to offer a great innovation in Decentralized Finance DeFi, as it exposes users to a great number of assets on the Tron network, in a fully decentralized manner.
Oikos provides a gateway for its users to trade on varieties of synths, up to about 30 distinct synthetics on its system, giving them an opportunity to invest in a wider range of digital assets and make great returns.
This synthetics popularly called synths, are likened to actual assets, such as…
Cryptocurrencies
Fiat-based synths
Synth commodities and a whole lot more.
When users invest on these synths, they do not actually hold the invested commodities, rather they are custodian of another digital asset which serves as a tool depicting the real asset, this way, security will be maintained
To make this possible, and achieve great investment returns, which is the sole purpose of every investment, the Oikos platform uses…
THE SMART CONTRACT AND THE MINTER
The smart contract is a decentralized technology which automatically executes every transaction carried out with it. It does not need a third party to operate it during transactions.
With this, the Oikos platform makes it possible for holders of the OKS token, which is the Oikos platform utility token built on the TRON blockchain, to generate synths, by totally locking their tokens in the smart contract, and the system automatically mints the synths with the inbuilt synth minter embedded in the system.
With this smart contract users can also monitor the market value of their invested synths, without stress.
In the quest to maintain stability of the value of these synths, Oikos over-collateralized the assets with the OKS token, at a percentage of 800%, to make sure that they are not affected by price fluctuations.
OIKOS MAINNET USER INTERFACE
FEATURES OF THE OIKOS PLATFORM
FULL DECENTRALIZATION
This is a feature which has eluded other systems for long, as most systems who make promises of decentralization and end up running their operations in a centralized manner, but Oikos is a great name in the DeFi industry ranging from its design and operations.
A TRANSPARENT SYSTEM
This lucidity of operations is owing to the fact that the smart contract and other improved technologies is used to execute every operation on the system, which in turn creates a completely trustless, transparent, secure and efficient system for the global users.
DAPPS BASED EXCHANGE
This is another feature of the Oikos platform, on which users can readily convert their OKS and synthetics at will, to make synths investments easy. Oikos exchange will offer a direct exchange model by using the dapp base models integrated on most TRON wallets. Users will be able to instantly swap their assets with those listed on the Oikos exchange meaning the exchange will function like every other crypto decentralized exchanges. Synthetic assets will be traded on the exchange as well as other assets to be determine.
Furthermore, unlike other systems, the Oikos system gives rewards to the users who stake their OKS to generate the synthetic assets.
THE OKS TOKEN
As earlier mentioned, the OKS is the utility token of the Oikos Platform and has several use cases. To facilitate both staking and its collateralization, the Oikos platform has developed OKS token to be used on the system.
It is used to carry out different transactions on the system.
OKS is the recognized token of the Oikos network and is seen as the driving force of the system.
There are currently 100 million OKS issued and the team is presently running their crowdsale endorsed by TokenPocket. With about 70% crowdsale tokens representing 41,833,901.19 OKS sold so far at a price of $0.025. Information about the token sale and how to participate can be found HERE
So you see? Oikos delivers unlimited benefits to users, characteristized by maximum profits from the investment on synths, without the need to have them in their possession. And at the same time, rewards its users in the process.
OIKOS DASHBOARD
CONCLUSION
Oikos is here to solve the problem of lack of liquidity on digital systems, by tackling the major problem of slippage caused by price fluctuations. By creating synth investments and collateralizing them, the users are in for a great investment with assured returns, thanks to the Oikos platform.
For more information about the OIKOS Platform and technology, kindly access the official resource channels below:
Article Written By: HunterUnchained
