A DECENTRALIZED PLATFORM USING TRON
The blockchain industries are now more popular ,many people are using and beginning to be aware of blockchain,millions and billions of users are knowing and getting to know the blockchain,now so many people are wants a new thing,because so missed the opportunity of bitcoin and ethereum,we still have so many projects coming up doing very well just like bitcoin and ethereum.
We all have heard about Tron,tron is one of the largest blockchain system in the world just like ethereum,bitcoin,wave etc,it is one of the easiest and costless blockchain system ,i will like to throw some light on the founder of tron,As many knows the founder of tron who happens to be justin sun,and its was found in the year september 2007,tron happens to be one of the public blockchain network ,that is more costless,efficient and fast
Notwithstanding, am here to introduce to you a new platform that is backed by tron,oikos is a new defi application to the tron network that provides a one chain exposure to the fiat currencies,commodities,stock,indices etc,they all are backed with oikos and are locked into a smart contract as collateral
Oikos is a trustless,easy and efficient decentralized exchange that will allow users to trade any tron based token and its will be traded without any deposit or withdrawal that will centralized the order book,and again with oikos exchange any user has the privilege to contribute by removing liquidity to gain commissions in the form of exchange fees as well as reward paid in oks ,this made the exchange one of the unique one ,
As we all know, Tron has been an ambitious initiative just like oikos who has so many things to deliver and in coming years to come it will line up some potential and are ready to deliver because its forth coming up it's just the genesis.
Okios has a unique feature which there users tends to benefit from them,synths are backed by oks token,now what is synths?, synths are minted when oks holders stake their pks as collateral and its used with oks minter,this minter is a decentralized application for interacting with the oikios contract,not only synths ,oikos are also currently trailing trx as one of there alternative form of collateral which means that with the use of synths trader can easily trade or borrow trx.
BENEFITS OF USING OIKOS EXCHANGE
There are so many benefits which users of oikos are entity to and some of this benefits are as follows;
THE LACK OF AN ORDER BOOK:This one of the uniqueu advantage which many exchange does not have,this means all trades are executed against the contract knowns as peer to contract trading.
PROVISION OF INFINITE LIQUIDITY:This has to do with assets assigned in an exchange rate through price feeds supplied by an oracle and can be converted through oikos exchange dap and tgis will help to provide liquidity up to the total amount of collateral in th system.
In conclusion oikos is one the most unique exchange which has the most complex and unique functions which many other exchanges are lacking to offer its users,with new synths in the exchange and the new innovation of tron its will vastly increase the platform and attract more users to use the exchange
This is the little i can write about this exchange for more information concerning this exchange you can reach them on there websites and social media to get more information about them so many to read about them.
Website: https://oikos.cash/
Medium: https://medium.com/@oikoscash
Facebook:https://www.facebook.com/Oikoscash-102203241479884/
Twitter: https://twitter.com/oikos_cash
Ann threads: https://bitcointalk.org/index.php?topic=5241400
Author username: osakunip
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