Oikos - Decentralized Financial Platform Based on Tron! Public Sale is Live!
What is Oikos:
Oikos is a reorganized artificial advantage issuance technique which erected on Tron. The Oikos Network Token OKS collateralize these synthetic assets. It enables the issuance of synthetic assets when locked in the contract. This pooled security model allows the users to achieve conversions with the smart contract between Synths directly, escaping the necessity for counterparties.
This apparatus answers the slippage and liquidity issues qualified by DEX’s. Now Oikos supports synthetic fiat moneys, commodities and cryptocurrencies. It is the precise method to contribute in the detention fees and network shaped from Synth exchanges. The OKS token price is operated from there. Exchange does not need the buyer to hold OKS.
Decentralized Synthetic Asset:
Oikos is a Tron port of Synthetic which is a synthetic asset stage delivers on-chain contact to fiat currencies, stocks, indices, and commodities. Various assets Synths track the prices, letting crypto-native and unbanked users without liquidness boundaries to trade P2C on Oikos Exchange.
750% collateralization required
For Synth issuance Oikos needs 750% collateralization. So if you need to mint a hundred synthetic US dollars (USD), as collateral you’d require the comparable of US$750 of OKS tokens.
This makes a large bumper for Synths in exchange. Oikos is dropping a complete of 1,000,000 OKS tokens to their public members. Visit to airdrop page, Users have to fill up simple social tasks, and submit their details to get free OKS tokens. Users also, have to request their friends to get a 100% bonus for each referral on the average token allocation.
Debt-driven:
Users 750% OKS collateral is locked up when somebody mints new Synths. User requires paying back their share of the worldwide debt with the burning Synths to unlock user’s collateral. The 750% collateral necessity confirms that Synths remain collateralized through remote market price variations.
Staking rewards and Exchange fees
User also becomes a staker and starts earning staking rewards. By issuing Synths, locking up OKS, and taking on the obligation of those Synths. These take the Oikos Exchange fees form in addition to an inflationary supply share. Now the exchange fees are fixed at 0.3% per trade. People gets the opportunity from Oikos decentralized exchange to buy and sell Synths without requiring to trust on third parties through smart contract and OKS.
It has also inflation system, with the full OKS amount in movement set to growth from the opening 100 million to about 250 million.
Debt pools
A Synth issuer’s separate obligation is just registered this global debt as a percentage. Issuer’s performance as a mutual counterparty to totally Synth exchanges and get on the overall debt in the system risk. This arrangement allows infinite liquidity trades. It’s conceivable to change any quantity of Synths to additional at a fixed price.
Token Exchange:
Oikos Swap Tron port is a devolved trade to let users to trade several Tron-based token without any withdrawals or deposits to a federal order book. To get commissions in the exchange fees form as well as rewards paid in OKS token anybody can pay by adding or removing liquidity.
Resources :
Oikos Website: Https://Oikos.cash
Litepaper: https://docs.oikos.cash/litepaper/
Oikos Ann Thread: https://bitcointalk.org/index.php?topic=5241400
Twitter Profile: https://twitter.com/oikos_cash
Facebook Account: https://www.facebook.com/Oikoscash-102203241479884/
Telegram Chat Group: https://t.me/oikoscash
Discord Room: https://discord.gg/qjuqy6X
Author:
Bitcointalk Username: Ashking94
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2472485