OIKOS PLATFORM FOR CRYPTOCURRENCY TRADING AND SYNTHETIC ASSETS

in blockchain •  4 years ago 

IMG_20200713_190035.jpgCredit

INTRODUCTION

OIKOS as a synth issuance model that is able to support the use and of all types of synthetic assets and how they can be traded. This type of assets called Synths are not usually obtainable by ordinary traders except they have what it takes to stand as real collateral for them but the story is changed with Oikos. Oikos has created a token to be used for the collateralization of synthetic assets and that is what I will be putting out to you in full details.

WHY IS IT IMPORTANT TO TRADE SYNTHETIC ASSETS?

Synthetic assets are a class of useful asset that helps the holder to to possess any form of assets and be able to switch from one asset to another one with the lowest possible latency. It makes the holdes self sufficient and independently secure, they don't have to hold any resources to do this while holding the synthetic assets. Then, it becomes easy for any holder of Synthetic asset to access all other types of assets and have reasonable resistance where necessary. In the Oikos exchange, holders of OKS and Synthetic assets are able to trade well and actualize their intentions for trading.

ADVANTAGES POSSESSED BY OIKOS EXCHANGE OVER OTHERS

This platform in relation to other ones is very dependable and cannot be compared to the centralized exchanges that have so many faults or the decentralized network that still makes use of order books. In a situation where the platform makes use of an order book, there would be lapse in the way orders are being taken, and all of such contracts would be done without a real contracts backing it up. But this platform, Oikos, utilizes the order book and trade against contracts i.e it has the P2C style of trading.

This platform has its own unique exchange Dapp that makes it possible to assign prices or rates of exchange for the assets to be traded on it, based on the information of the market it receives. When this is done, the platform will be known to possess a reasonable level of liquidity and that would cover the whole assets in the exchange.

When you possess Synths, you will have assess to other valuable assets in the Tron ecosystem but to get synths through this platform, you must have OKS token which is the Oikos Network Token. This is the backing of the Synths you will be given when you stake it. As a holder of the OKS token, you will stake the token as collateral and you must be aware that the collateral ratio is approximately 800%.

CONCLUSION

There are so many types of Synthetic asset available in this platform, some of them include the sUSD, sKRW, sEUR and some other commodity class assets like silver, Gold and even diamond. These would be greatly accessed and useful in the exchange. To all the users of cryptocurrency, consider this to be the opportunity to take a step higher in Investments and the use of Synths. So get involved in Oikos, purchase the OKS token and be ready to mints the synthetic assets.

USEFUL LINKS
Github: https://github.com/orgs/oikos-cash/
Medium: https://medium.com/@oikoscash
Telegram: https://t.me/oikoscash
Twitter: https://twitter.com/oikos_cash
Facebook: https://www.facebook.com/Oikoscash-102203241479884/

AUTHOR'S DETAILS
Bitcointalk Username: Gudubobo
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766228

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