Trade multiple derivatives of digital assets (Synths) on one platform — a case of OIKOS

The cryptocurrency market witnessed a bull-run that took it to record heights in 2017. That bull run was a result of huge influx of early adopters who had realized the huge potential of blockchain technology. Currently, the cryptocurrency market have been saturated and there's now a need for fresh interest from new members

Despite the volatility of the crypto market, the opportunities that it offers are huge and really tempting. However, the cryptocurrency market remains heavily unregulated and remains very unfriendly for the typical person. Majority of the world's population often engage in investments casually and mostly require a platform that will provide an aggregated DeFi opportunities with a smooth and seamless interface for its users

A group of visionary and innovative cryptocurrency experts are working to disrupt the DeFi market by developing a protocol for issuing and trading synthetic assets called OIKOS. OIKOS is a decentralised Tron-based project that will integrate the features of both cryptocurrency and digital assets so as target the peculiar aspects of the exchanges that make it too challenging and undesirable for the typical individual.

OIKOS DeFi product is a protocol that issue digital derivatives called Synths which are collateralised and backed by the project's native token (OKS). Synths can be created for variety of assets such as digital fiats, cryptocurrency, or commodities — and are locked by smart contracts

Value offerings of OIKOS Project

• Security

Many centralised exchanges and trading platforms that get compromised through hack attacks have contributed immensely in discouraging adoption by the ordinary people. Although the damage that was done cant be reversed, OIKOS is developing a multi-layered decentralised exchange and DeFi platform which offers safety measures which will win the interest of the overall market. All the fund and assets of the users on the platform are going to be secured through a chilly wallet with additional level of security. The results of this is often a better degree of protection against theft and attacks. this may encourage persons who have interest within the crypto market and produce other digital assets but are afraid to lose assets to hacks are going to be willing to trade more.

• Convenience

Security of funds and user assets is not the only hindrance to mass adoption of cryptocurrency and digital assets. Huge number of existing crypto exchanges offers a really crude trading experience compared to what traditional e-brokerage platforms offered for stock trading. A newbie crypto trader always go through so much pain to convert fiat to crypto coins before they can trade. This is always an excessive amount of inconvenience to draw in casual traders and investors who happen to be the main number of the population. Hence, OIKOS is integrating both fiat and crypto pairs in one platform — the Synth protocol will accommodate even fiat currencies. The times of getting to hop between different exchanges to trade are over.

• Service

While many businesses and financial enterprises have adopted customer-centric operations, cryptocurrency exchanges became increasingly raw as compared .

Most major centralised exchanges take their customers with levity. And because the crypto community adjusted to a scarcity of customer support and convenience, most exchanges don't have a framework on customer satisfaction. However, OIKOS is cored on building brand loyalty and needs to supply a more consumer oriented services by valuing customer support. The project plans to permit the community and OKS token holders to have a say within the direction of the platform. Holding OKS token will allow the community to make decision upon the creation of Synths. This shift to offering a more customer oriented environment will allow new members to feel welcomed.

OIKOS Versus The Market

OIKOS is especially targeting mass adoption by developing a decentralised exchange and DeFi Tron-based financial instrument that offer Synths. The OIKOS team understand that the best way to motivate people to trade cryptocurrencies embrace DeFi opportunities is to create a platform that really reward the users. This will allow the community to contribute to the expansion of the platform.

OIKOS Token(OKS)

OIKOS decentralised synthetic platform has developed OKS token as the native currency for the project. The token are going to be utilised for all the activities on the platform. OKS tokens gives it holders massive benefits which ranges from constant incentive and loyalty rewards to large trading and withdrawal discounts. OKS tokens is also the instrument required as the collateral in minting Synths.

Wrap Up

OIKOS is developing a multipurpose decentralised Synth issuing protocol on the Tron blockchain with the foremost customer focused features to draw in fresh wave of interest from the crypto community.

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