OIKOS:- Breaking Grounds In Cryptocurrency Trading
Cryptocurrency industry is a creating industry that despite everything need more opportunity for its appropriate development and improvements. As we as a whole know, Rome wasn't worked in a day, regardless of the inadequacies in the industry, the development never halted. Every single vital foundation expected to bring the industry into the mainstream are Work In Progress. The industry specialists are working nonstop to fix every single important instrument that will encourage global reception of cryptocurrencies. In this blog, I will present my perusers about an earth shattering Blockchain project named Oikos Cash. It is a revolutionary decentralized Exchange that will overcome any barrier between cryptocurrencies market and traditional financial market. I do accept everybody will discover this project extremely intriguing.
ABOUT OIKOS PLATFORM
Oikos is Tron based Blockchain platform where with respect to chain synthetic assets can be made. Every single Synthetic asset made on this platform are upheld by (OKS) which is the native currency of Oikos Platform and bolted Smart contracts as Collateral. SYNTHS, for example, Fiat monetary standards, stocks, products, and more can be made on Oikos platform. Oikos decentralized Exchange framework bolster various sorts of assets, for example, Commodities like Gold and silver spoke to by XAG and XAU individually. Cryptocurrencies and customary stocks, for example, Amazon, Google, Apple is additionally supported on Oikos platform. Fiat Currencies as USD, GBP,CAD, and all the more additionally supported on Oikos platform. Every one of these assets can be made on-chain on Oikos Platform as SYNTHS and exchanged. There are bunches of items supported by Oikos platform.Another working instrument on Oikos platform is the MINTER. Oikos Minter is a decentralized application where OKS holders perform various activities in the network. It empowers the platform clients play out different capacities, for example,
Minting of Synths,
Synths consuming
Collaterization ratio management
Access account balances and Mint history
Unlocking Escrows OKS token
Reduced fees and giving of incentives to users
EXISTING CHALLENGES IN CRYPTO INDUSTRY
A few financial specialists don't look into cryptocurrency as the utilization case essentially keep on being as theoretical instruments. For the present, cryptocurrencies has not yet qualified to work as an appropriate mechanism of trade, speculation instruments and Store of value because of its significant level of volatility and absence of scalability. As a theoretical type of speculation instrument, somewhat, it gives liquidity in the market and permitted the internal and outward development of investors.One significant difficulty of Crypto industry is illiquidity. WholeSale Investors are to some degree being suspicious about interest in this class of asset and this is the essential driver of low market liquidity. While Google stock 24 hours volumes in some cases moves around $7.8 billion, Bitcoin 24-hours market volumes are beneath $900 million dollars. Cryptocurrency Market liquidity is another restricting elements forestalling wholesale financial specialists in the market.
This issue of low market liquidity warrants the necessities of incorporating advanced financial instrument, for example, SYNTHETIC ASSET otherwise called SYNTHETICS into the market framework in other to encourage liquidity and pulling in both retail and Institutional speculators into the market
OIKOS PLATFORM SOLUTIONS
Cryptocurrency trading has restricted liquidity. This is one of the motivation behind why Oikos acquires Decentralized Finance and Synthetics.This development empower assets scaling in which true assets are being made on Chain in a trust-less way. As referenced in the sections above, Fiat Currencies such USD and GBP can be made On Chain including some different class of Financial instruments. Probability of making Fiat Collateralize Stable-coin, for example, Tether, USDC, and some others without holding the genuine assets are found out in Oikos platform. As a general rule, they have made a road in which various financial assets can be effortlessly gained however this requires some procedure which I will even now clarify in this article.
Providing Liquidity: Oikos development will scale liquidity for the platform users.Unlike in some cryptocurrency trade set up where there is consistently the issue of Liquidity .Synthetics would help markets to scale their activities through positions supporting and benefit insurance.
Smooth Cross Chain Innovation: Previously, cryptocurrency markets has endured a few constraints where there is an impediment in the correspondence among blockchains. These issues cause constrained assets in some decentralized trade. Oikos platform is offering the best cross chain innovation in which there will be no restrictions in blockchain correspondence. Synthetic value perceivability, traders don't have any reason to have direct responsibility for asset.
Take your time to watch this video about the oikos platform
CONCLUSIVELY
Oikos Cash advancement empower assets scaling in which certifiable assets are being made on Chain in a trustless way. Fiat Currencies such USD and GBP can be made On Chain including some different class of Financial instruments. Probability of making Fiat Collaterized Stablecoin, for example, Tether, USDC, and some others without holding the genuine assets is found out in Oikos platform. This is a genuine upheaval in Crypto Space. Trading in different digital assets as Synths will empower trading framework. Traders can exchange consistently without limit. This is without a doubt an extremely splendid development. Try not to miss out.Be part of the early adopter of OKS token.
USEFUL LINKS
Website: https://oikos.cash/
Medium: https://medium.com/@oikoscash
Bitcointalk: https://bitcointalk.org/index.php?topic=5243484.0
Github: http://github.com/oikos-cash
Telegram: http://t.me/oikoscash
Twitter: http://twitter.com/oikos_cash
Discord: http://discord.gg/qjuqy6X
Litepaper: https://docs.oikos.cash/litepaper/
Writer's Info
Forum Name: Sandus_Cryptolover
Forum URL: https://bitcointalk.org/index.php?action=profile;u=1983730
The offerings of Oikos are interesting and accessible to everyone to participate in. The option of minting and trading synths is particularly exciting.
I just like how easy it is to swap tron assets at oikos swap.
Oikos platform is unique, nice read.
Thanks for the heads up, given me more clarity on the oikos project