OIKOS- A Decentralized Trading Platform Based on TRON Network.

in oikos •  4 years ago 

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Decentralization is the main thing in cryptocurrency sector so that we achieve a milestone progress in cryptocurrency through decentralization. There is no central control and no middle men as well as so that businessmen going rush to this sector. But problem is as this platform connected to financial sector and there need rule and regulations. So when decentralization created everybody was looking for such a platform where every thing goes with correctly and here OIKOS project can be a light here which using (DeFi) Decentralized Finance technology based on TRON Network.

OIKOS :

Oikos is a decentralized synthetic asset issuance protocol built on TRON. These synthetic assets are created by staking the OIKOS Network token (OKS), and these synths can be exchanged for eash other directly with the OKIOS smart contracts on Oikos.exchange.

Oikos exchange is a trustless decentralized exchange that allows users to trade any Tron-based token without andy deposites or withdrawals to cenctralized 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.

How Oikos Functions :

Oikos is a blockchain-based structuring resource assignment stage dependent upon the Tron sort out. This allows the game plan of imaginative resources in a chain that offers a preamble to various resources, following their certifiable worth. Oikos is the port of Synthetix in Tron: a gathering resource addressing cash related records, things, stocks, and archives. Planning resources (Synths) are maintained by Oikos System Tokens (OKS), wrapped up as a wonderful understanding as a confirmation. Synths track the cost of various resources, allowing crypto-close by and non-banking clients to exchange P2C (peer-to-contract) on Oikos Trade without obliging liquidity.

Oikos is a decentralized trade that grants customers to exchange any Tron-based token without taking care of or pulling back resources in a lone requesting book. Moreover, Oikos Trade liquid pools essentially don't slip on most exchanges. Anyone can contribute by adding or notwithstanding liquidity to get commissions as trading costs, much equivalent to the commissions paid in the OKS token. The Oikos stage also fuses Minter, which chats with a decentralized application that grants OKS owners to play out another endeavor on the Oikos organize. Oikos Minters offers a verifiable and vigilant scene that licenses stage creation, customers, to mint and exhaust Synths, proportionate them to the organization and extent of costs identified with Synths planning.

ADVANTAGES OF OIKOS USERS:

As OIKOS token holders, incentives are benefits that must be received. For all platform activities during exchanges and other transactions, token holders will get a proportion calculated regularly and give them rewards for each contribution they make in the ecosystem. User activity on the platform will determine the value of the OKS token. OIKOS also has an exchange where project users can trade and others who don't even have tokens, it is open to all and trading will also be one of OIKOS's main activities.

THE STRENGTH OF OKS TOKEN :

The OKS token is to be used for some fundamental purposes and one of it is to be used as collateral for Synths through their staking. The platform allows the holders of OKS to stake the token through the minter that is fit for interacting well with the contracts of this platform. OKS can remain as collaterals for the Synths in view of the high proportion of collateralization it can get. Having Synths is much the same as owning a debt of which consuming of the Synth asset is the only method to be liberated from the obligation. The platform has it method of causing clients to get what they need and keeping that in mind, it has an alternative to the utilization of OKS as collateral. It has the TRX which clients can in any case trade with in the wake of utilizing it to secure the Synths.

HIGHLIGHTS:

  1. Price data is obtained via multiple trusted sources and aggregated to create a robust price oracle mechanism.

  2. Developer tools make it easy to create applications leveraging OIKOS services.

  3. Trade over 30 different Synths from varios categories.

  4. Join liquidity pools to collect fees on TRX-TRC20 pairs. Trade TRX for any TRC-20 without wrapping.

  5. Liqauidity-sensitive automated pricing using constant product formula.

ROADMAP OF THE PROJECT :

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Q2-2020

Alpha launch, token distribution event, official Tron main-net launch.

Q3-2020

Official audit, listing on exchanges, launch of additional synths.

Q4-2020

Launch of mobile-ready user interface, port The graph to Tron Network.

Q1- 2021

Integrate Chain Link technology, research on decentralized governance models, alternative liquidation mechanism.

Q2-2021

Support for more complex trading instruments. Transition to a fully decentralized governance model, use of TRX as collateral for synth issuance.

Token Info

Token Platform: Tron Blockchain

Token Name: OKS

Total Supply: 100,000,000 OKS

TOKEN DISTRIBUTION

*60% allocated to investors

Private and major sales

*20% allocated to the team

Advisors vesting quarterly for 24 months

*12% is allocated to the foundation,

*12 months per quarter

*5% reserved for partners Incentives

*3% is reserved for bounty and

Marketing incentives

Acceptable currency: TRX

TEAM :

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So viewers if I go to conclusion here, OIKOS has created for us a platform where we can see the opportunity to trade TRON based assets on decentralized platform without any hesitation. I think that will be perfect place for traders and investors and everybody will enjoy it. Thanks.

FOR MORE INFORMATION PLEASE VISIT:

Website: https://oikos.cash

Oikos Exchange : https://oikos.exchange/

Lightpaper : https://docs.oikos.cash/litepaper/

GitHub : https://github.com/orgs/oikos-cash/

Facebook: https://www.facebook.com/Oikoscash-102203241479884/

Twitter : https://twitter.com/oikos_cash

Discord : https://discord.gg/qjuqy6X

Telegram : https://t.me/oikoscash

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Author:

Forum Username : rahat369

Forum profile : https://bitcointalk.org/index.php?action=profile;u=2810449

Tron Address : TC6a58jvCjyt2tEbVzn7bGv74oyGGp5yzr

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