Hello everybody, welcom to my channel. Today, I want review to yo a good project called Oikos. I hope it is the best project in 2020 and future!
Oikos is an initiative to bring key DeFi applications to the Tron network. TRON is one of the largest blockchain-based operating systems in the world.
About Oikos
What is Oikos?
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.
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.
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.
Oikos.Exchange
Trading on Oikos.Exchange provides many advantages over centralised exchanges and order book based DEX’s. The lack of an order book means all trades are executed against the contract, known as P2C (peer-to-contract) trading. Assets are assigned an exchange rate through price feeds supplied by an oracle, and can be converted using the Oikos.Exchange dApp. This provides infinite liquidity up to the total amount of collateral in the system, zero slippage, and permissionless on-chain trading.
Oikos (OKS) Token Sale
The token sale price is fixed at 0.6 OKS/TRX which is about 0.025$/OKS. There is an initial total of 100M OKS tokens. New OKS will be minted to reward OKS stakers according to our inflationary schedule. Please refer to our tokenomics document for more detailed information.
Tokens are immediately distributed through a smart contract to the address you used to do the payment. In order to see your OKS balance, you need to add the OKS contract address to your wallet: TWVVcRqRmpyAi9dASvTXrqnS7FrwvDezMn
If you plan to purchase a large amount (10,000$+), we will try to accomodate you. Please send us an email at info@oikos.cash.
Roadmap
Team
Conclusion
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.
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/
- ANN Thread: https://bitcointalk.org/index.php?topic=5241400
- Litepaper: https://docs.oikos.cash/litepaper/
- Twitter: https://twitter.com/oikos_cash
- Telegram: https://t.me/oikoscash
Proof: - Author: sumvaynhe
- Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2761023