Oikos Overview: Tron DeFi,Synthetic assets & trustless token exchange, alpha launch

Today the digitization of assets and projects is gaining great momentum and the number of interesting promising cryptocurrencies that can give a good price increase is only growing. This attracts more and more people who are willing to invest in this industry, but they are also afraid of considerable volatility.

I actively started trading in the cryptocurrency market just over six months ago and mostly use the usual functions as buying and selling, although in the traditional market.

The Oikos decentralized exchange lets people buy and sell Synths via OKS and smart contract, without needing to rely on third parties to be on the other end of the trade.

So, what is Oikos?

Oikos is a Tron port of Synthetix: a 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.

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.

What does Oikos have?

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​.

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.

Oikos.Exchange

Trading on Oikos.Exchange provides many advantages over centralised exchanges and order book based DEX’s. The lack of an order book means all trades are executed against the contract, known as P2C (peer-to-contract) trading. Assets are assigned an exchange rate through price feeds supplied by an oracle, and can be converted using the Oikos.Exchange dApp. This provides infinite liquidity up to the total amount of collateral in the system, zero slippage, and permissionless on-chain trading.

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.

See more:

• Website: https://oikos.cash/
• ANN Thread: https://bitcointalk.org/index.php?topic=5241400
• Litepaper: https://docs.oikos.cash/litepaper/
• Twitter: https://twitter.com/oikos_cash
• Telegram: https://t.me/oikoscash

Article by: ngunhitam

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2755934