Oikos overview
Hello dear readers! While you are completely isolated and you have a lot of free time, I want to offer you a new promising project Oikos. And so you ask, and why is this project so attractive to me? And so the whole essence lies in the uniqueness of his idea, we are provided with a fundamentally decentralized cryptocurrency exchange platform and it will work on the basis of the Tron block chain. To be honest, I’ve seen more than a decentralized exchange based on Tron, as this is a technological innovation. One of the group’s main tasks and all efforts is to focus on implementing DeFi in the Tron network. For reference, DeFi is truly decentralized finance — a concept, which means that cryptocurrency owners have the opportunity to recreate traditional financial instruments in a decentralized architecture.
Oikos overview:
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.
What are synthetic assets? But at the current stage, you will have a hard time grasping the essence, so I suggest getting acquainted with the project more deeply. And so the platform will implement the internal OKS token. And this token will be the mortgage token to secure the release of mixed assets. Composite assets provide users with access to various basic assets and users do not need to own the underlying assets. And equally important, the value of this asset is equal to the price of the underlying physical asset. Allows users to create a synthetic analogue of many metals, jewelry stones, currencies, etc.
Looking at the example in more detail, for example, you need to create a synthetic analog of gold. You need to block individual OKS through smart contracts, but don’t worry, they will be used as collateral for 800%. The smart contract checks the size of the token commitment and, corresponds to the committed token, issues a consolidated gold, and, at the same time, your debt is included in the debt register (in essence is similar to the mortgage registry familiar to us). To understand everything in more detail, I recommend that you study the project’s white paper. It is written by a very professional group, in a language understandable to ordinary people. All details can be found below on the links. You may ask why this decentralized bioge is unique. When competitors have similar similarities, get Binance the same. And my answer is very simple.
Second, these are unique aggregate assets. An analogy that you can spend with derivatives tools on the stock market. Oikos Exchange provides us with a convenient and interactive interface. Oikos exchange rate is formed exclusively at the spot market rate.
I think this is a great project that you should check out, as far as I know, Oikos is closing the gap between the traditional financial world and the cryptocurrency through the issue and exchange system. Decentralized composite assets. There is a lot more information that you can refer to:
- 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
Proof:
- BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2721691
- Author: vietnamoiiu
- ETH: TF4i17vjH4SWMqoYWYXbXpEm9Hu9Q1ZEcH
