OIKOS: A FUTURISTIC EXCHANGE WITH DIVERSE FUNCTIONALITIES

in oikos •  4 years ago 

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INTRODUCTION

More than what is attainable in many exchanges, OIKOS has been positioned to serve traders in the nearest future with better utility functionalities with different kinds of synths to be leveraged upon. It will do that by first adding those new synths to its exchange for users to have exclusive access to them. Those kind of assets won't be available on any platform except on Oikos.Exchange.

THE POTENTIAL OF OIKOS WITH FUTURES

Traders in time will have the ability to trade futures in this Oikos.Exchange in the nearest future. Not all the features of OIKOS are made available at the moment, some are fixed, to be released in the future. Just like the OIKOS swap tool, the platform would be able to restore the system and avoid any possible risk is resolved alongside the open rates as the system. As a trader in this platform, you will have effective way of balancing the risks involved in trading by learning from traders who have a proper balance even though the feature is not yet launched. This will give users a way to pull through before the main feature is released to achieve the optimum level of liquidity that can be sustained. Cryptocurrencies with their derivatives will have this platform as a perfect spot for trading with the counterparties, all using the same level of liquidity. Oikos system will be able to capture the market share, mimicking successful exchange like Binance in that aspect. This makes it a possibility to list as many token as it can, way more than what other exchanges can do especially in the centralized ones.

Tokenized leverage would be supported by Oikos, this will increase the amount in many crypto exchange with futures and other derivatives competing on the same platform. This spells so much value in the community as its abilities would be comparable to major successful centralized exchanges.

ORDER TYPES FOR ADVANCE TRADING

There are different types of orders existing in the cryptoworld for use in the market but currently, Oikos only uses the one that supports market orders. Using an advance order type, Oikos is able to eliminate loss in the platform, support the trading limit and make other types of orders useful. For the platform to execute advanced order types, it engages the relay network, and with that, it can match up with already established exchanges. Oikos is able to come to parity with the features of CEX which which makes the advanced order processing smooth.

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CONCLUSION

The exchange function of Oikos is a complex protocol that is created on Tron, having the full-fledged features to drive the use of synthetic assets. The major untapped resource of synthetic assets has the potential censorship resistance, with this upgrades can be made to the exchange to make synths use increase and the Oikos utility also. The long term viability of Oikos is possible for both long term and short term uses, as a decentralized control system is sustained. This is the perfect way to grow the community and encourage the Investments in synthetic assets as well as in cryptocurrencies.

USEFUL LINKS

Website: https://oikos.cash/

Twitter: https://twitter.com/oikos_cash

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

Telegram: https://t.me/oikoscash

AUTHOR'S DETAILS

Bitcointalk Username: Washhazard

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767526

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