Review Oikos — an initiative to bring key DeFi applications to the Tron network.

in blockchain •  5 years ago 

Introduce


I am excited to take gluts of my blog enthusiasts to a world-class platform with features that have been well thought out and crafted for the convenience of investors. I will be taken you through a platform that makes possible the entry of new money from outside its infrastructure and hugely supports gluts of more investors to join the community called Oikos.
Oikos is a Tron based synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices.

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Tron (TRX) is a blockchain platform launched as the foundation for a decentralized entertainment ecosystem. Created by controversial figure Justin Sun, Tron focuses on expanding the market of decentralized digital content applications by making it easier to create and deploy them. The Tron mainnet launched Jun 2018, and it since expanded to become a blockchain-based OS. the Tronix TRX is the proprietary cryptocurrency token of the Tron blockchain.
Adoption of blockchain technology is limited in part because of the difficulty many developers face in learning to build from scratch on entirely new protocols. Tron is designed to ease this transition and therefore hasten the decentralization of existing platforms and creation of new dApps.

About Okois


Oikos is a decentralised synthetic asset issuance protocol built on Tron. These synthetic assets are collateralized by the Oikos Network Token (OKS) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEX’s. Oikos currently supports synthetic fiat currencies, cryptocurrencies (long and short) and commodities. OKS holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Oikos.Exchange, based on their contribution to the network. It is the right to participate in the network and capture fees generated from Synth exchanges, from which the value of the OKS token is derived. Trading on Oikos.Exchange does not require the trader to hold OKS.

Decentralised Synthetic Assets

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.
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.
    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​.

    Team


    Kevin Holder (Co-Founder & Software Engineer)

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    Kevin is a talented software engineer that has been through the whole technology stack during the course of his career, from cryptography to front end web development. Before co-founding Oikos, he spent his time developing smart contracts, studying decentralized applications and contributing to open source. His programming languages of choice are, in no particular order, Solidity, JavaScript and Rust.

Albert R (Co-Founder & Mad Scientist)

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Albert is an early Bitcoin, Ethereum and Tron adopter. His fascination for DeFi lead him to come up with the idea for Oikos and everything started from there. He is also a very talented developer with experience in several programming languages. His daily routine consists in drinking a lot of coffee, writing code and thinking of new possible directions for Oikos.

Conclude


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/
Litepaper: https://docs.oikos.cash/litepaper/
ANN Thread: https://bitcointalk.org/index.php?topic=5241400
Twitter: https://twitter.com/oikos_cash
Telegram: https://t.me/oikoscash
Author: aristiano
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2721196

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good project, hope will be finished

A trading and conversion platform? is it the same, what the potential really is