Oikos.Cash deals and exchanges
Oikos introduced
Oikos is a cryptocurrency and digital exchange trading platform .Oikos is a decentralized issuing asset platform built on TRON And aggregated assets by network tokens. Oikos (OKS) which when locked in the contract will allow the release of general assets (Synths). This model of collateral allows users to switch between Synths directly with smart contracts, avoiding the need for partners. This mechanism solves the liquidity and sliding problems encountered by DEX’s. Oikos currently supports mixed currencies, cryptocurrencies (long and short) and commodities. OKS owners are encouraged to stake their tokens when they are paid a portion of the fees generated through their Oikos.Exchange activity, based on their contribution to the network. It is the right to participate in the network and to collect fees generated from Synth exchanges, from which the value of the OKS token is derived. Trading on Oikos. Oikos.Cash is a very powerful platform that represents a bridge between the current cryptocurrency and financial industry.
Oikos.cash is a composite asset that gives all users transparency and potential projects and it runs on Blockchain running on Tron Network. OVERALL can be created by placing (OKS) Oikos network tokens and can be exchanged with each other by Oikos smart contracts on Oikos.Exchange. The Oikos blcockahin platform allows you to create SYTHNS, allowing you to easily track the prices of other assets. Just like including fiat currencies like EUR, GBP and some other commodities like Gold (XAG) and Silver (XAU). oil ..vvv
OKS as collateral¶
How OKS backups Synths
All Synths are supported by OKS tokens. Synths are summed up when OKS owners consider their OKS as collateral with Minter, a decentralized application to interact with Oikos contracts. Synths are currently backed by a mortgage rate of 800%, although this may be increased or decreased in the future through community governance mechanisms. OKS producers incur debt when they mint Synths money and to exit the system (ie unlock their OKS), they have to repay this debt by burning Synths.
Oikos is currently challenging TRX as another form of mortgage. This means that traders can borrow Synths from their TRX and start trading immediately, instead of selling their TRX. TRX betting requires a collateral ratio of 150% and creates a debt equal to TRX, so TRX creates sTRX instead of sUSD and does not participate in the ‘common debt’ aspect of the system. In this model, TRX producers do not receive fees or rewards because they do not pose a risk to the debt group.
Oikos.cash Advantages of Oikos.Exchange
Arbitrage: OKS producers have created debt by minting Synths, so if the peg falls, they can now make a profit by buying sUSD back below par value and burning it to reduce debt, because the Oikos system Always value 1 sUSD at 1 USD.
STRX liquidity group on Oikos Swap: every week, an OKS part is added to the total supply through inflation monetary policy distributed as a reward for sTRX / TRX liquidity providers on Oikos Swap . This has encouraged liquidity providers to create the largest liquidity group on Oikos Swap (at the time of writing), allowing traders to buy Synths to start trading or sell Synths to make a profit.
OKS Auction: Oikos is currently testing a new mechanism with the dFusion protocol (from Gnosis) in which OKS discounts are auctioned off for TRX, then used to buy Synths below the latch
Trading on Oikos.Exchange offers many advantages over centralized exchanges and DEX-based orders. The lack of an order book means all transactions are made on a contract, called a P2C transaction (on a par with the contract). The property is assigned an exchange rate through the price feed provided by a prophet and can be converted by Oikos.Exchange dApp. This provides infinite liquidity up to the total amount of collateral in the system, zero slippage and unauthorized online transactions.
How Synths works
Synths are synthetic assets that track the price of underlying assets. They allow owners to be exposed to Tron with different types of assets without holding basic assets or trusting supervisors. Synths are backed by Oikos Network Token (OKS), which is set as collateral at a rate of 800%.
The steps related to smart contracts for processing Synth exchanges (from sUSD to sBTC in this example) are as follows:
Record Synth sources (sUSD), which involves reducing the sUSD balance of that wallet address and updating the total supply of sUSD.
Set the conversion amount (i.e. exchange rate, based on the price of each currency).
Calculate the exchange fee, which is currently 0.3% of the amount converted and send the fee in sUSD form to the fee group, where OKS manufacturers can claim.
The remaining 99.7% is issued by the target Synth contract (sBTC) and the wallet address balance is updated
Total supply of sBTC is updated.
No partners are required to exchange, as the system converts debt from one Synth to another. Therefore, no order book order or order matching is required, resulting in infinite liquidity between Synths. No debt changes are required to be recorded for the debt group, since the same value is burned from the Synth source and minted from the destination Synth.
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.
conclude
Oikos has provided the most useful decentralized release asset built on Tron to date. . The system working on Oikos platform is very different from the typical cryptocurrency exchange ecosystem. The Oikos platform provides asset creation tools, in which any user can create a new Master by placing OKS. Aesthetic assets are a highly profitable trading system for everyone. Further improvements in mechanisms and functional upgrades and new Synths will significantly increase the utility of the platform.
The article goes here for documentation below or on access
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.p
Wallet TRon:TRShe844LZUC7LCbNhkvXw16GFJkK7Yc1X
Telegram:@bgyyhj
