OIKOS | Tron DeFi : Collateral Solutions Without Counter Parties

As we know, the development of digital platform from time by time and obviously were experiencing the incredible accelerations. services and features that were produced are always more sophisticated and advanced than the previous version development. Is this reasonable? Of course

We are in an acceleration age nowadays where the world and technology are changing rapidly, this circumstance is due to the development of such technology massively for many purposes that aim to solve the problems. In the current era, almost there aren't the problems which can not be solved with the assistance of technology, these things are very different if compare than the previous few decades ago, we fell the situation where the movement and development of any sector in the world run slowly.

 

We are at the point where the principle of centralization ecosystem will be replaced with decentralization ecosystem. we are already familiar with blockchain technology that running on in decentralization platform. soon or later it will become to be a part of human life . and it was already running on that track. the blockchain technology allows us to do many great things using this technology.

Oikos is publishing of decentralized synthesis assets built on Tron. This asset is guaranteed by Oikos Network Token (OKS) which is locked in a contract and can issue synthetic assets (Synths).

This allows users to convert between Synths so there is no need for partners.
These synthetic assets provide exposure to assets without the need to hold their resources. Its superiority is reducing friction when switching to various assets, expanding the accessibility of certain assets, and sensor resistance.

How Synths Work

Synths in question are synthetic assets that can track the price of basic assets. They allow holders to gain exposure to Tron without the need to hold the underlying assets. Synth has the support of OKS, which is at stake as a guarantee of an 800% ratio

Types of Synths

There are currently five Synth categories, including:

• Commodities: synthetic gold and silver. Counted per ounce
• STRX cryptocurrency, SBNB, sBTD and many others
• Fiat sEUR, sKRW, sUSD and many other currencies
• sTRX, sBTC, and sBNB cryptocurrency indexes and many others
• Inverse cryptocurrency tracks cryptocurrency prices

The advantage
There are many advantages that you can get if you trade on Oikos.Exchange compared to exchange centralization. Assets are given exchange rates through prices provided by oracle and can be converted using Oikos.Exchange dApp. This provides unlimited liquidity.

Risk

Several risks might occur because Oikos is still experimental. This system requires observation and analysis. Both are used to ensure that the design of the mechanism aligns incentives for all participants.

One of the risks that involves debt holders is when they risk OKS. This debt can fluctuate because of changes in exchange rates in the system. This means they need to burn more Synth to get out of the system and unlock the OSX at stake.

Most people who are in Cryptocurrency are aware of this risk. But the price of crypto asset is greatly influenced by Bitcoin and Tron. The main price in the OKS token can fluctuate with something that is not related to the OKS / Oikos system.

There are several aspects of a centralized system for now. This decision has been made to ensure that the project is run efficiently. An example of centralization today is the use of proxy contracts on most architectures.

This is to ensure the system can be easily upgraded but gives the engineering team a level of control that requires user confidence. Understanding the risks is very important so that these things can be removed.

Risk Strategy

As part of decentralization, the Oikos team is committed to decentralization and resistance to censorship. The team hopes that this system will become a mature system. The price feed is no exception. The Oikos Team wants to use Chainlink, a decentralized oracle solution provider.

Another thing that is no less important is governance. The goal is to ensure that project objectives are aligned with the community. Another aspect of this process is moving to the formal change management process. For this reason, SIP (Oikos Improvement Proposals) was introduced to enable the public to introduce changes in demand and ensure that any changes to the system could be understood by stakeholders.

Conclusion

Oikos is a decentralized synthetic asset publishing protocol built on Tron. This collateral model allows users to convert with smart contracts and does not require partners. Oikos is a solution for liquidity and slippage from DEX.


For more information visit link below . Thankyou !

Website : https://oikos.cash/

ANN : https://bitcointalk.org/index.php?topic=5241400

Facebook : https://www.facebook.com/oikos.cash/

Twiter : https://twitter.com/oikos_cash

Oikos Tron Wallet : https://tron.network/wallet?lng=en

Telegram : https://t.me/oikoscash


AUTHOR :

Bitcointalk name : Jenaiyo

Profile Link : https://bitcointalk.org/index.php?action=profile;u=1907858

TRON OKS WALLET : TGZP6ghxUSsXxnAb76AgK9D4apfW4vHHYC