OIKOS PLATFORM - UNLOCKING THE BENEFITS OF SYNTHETIC ASSETS TO THE WORLD

in #oikos2 years ago

The digital assets industry is undoubtedly still at its infancy and has lots of untouched potentials and benefits to give users. Investing in this industry could actually propel any system or individual, giving them the boost they need to be financially free. But, the instability in the price of assets, causes a major discrepancy in value, during transactions, leaving the issue of lack of liquidity for users and other investors.

A system is needed, to channel the benefits of the digital assets industry and positively affect the global financial system by making the investment into digital assets to be easier and yielding.

MEET OIKOS NETWORK - TAKING SYNTHETIC ASSETS TO THE NEXT LEVEL

The OIKOS platform is a fully decentralized system, which has been developed to improve the digital asset industry, by creating a system which dispenses synthetic assets, backed by the system's token to the users. It makes use of the rapidly improving technologies, in the quest to ensure that efficiency is achieved on the system and that the users get the best out of their investments. These synthetic assets is an investment type which lets users control their investment,
without actually holding the assets. This is more like tokenizing the assets, as the user rather holds the native token of the Oikos platform, as a representation of their actual asset.

Oikos platform is created on the Tron network and leverages the smart contract to see to it that the transaction process is automated.

HOW OIKOS NETWORK WILL ACHIEVE THIS FEAT

Whenever the users of the Oikos network purchase and stake the OKS token, they use the system's minting mechanism to generate the synthetic assets, while using their OKS token as collateral for the assets. This then issues different synthetic assets to them, such as synthetic fiats, digital currencies, as well as other commodities, depending on the user's choice.

The smart contract plays a major role in this staking, as it triggers and controls the process, thereby eliminating any need for a third party or an intermediary, who might manipulate the system.
Now with these synthetics, the users can easily monitor different assets and even trade them on the Oikos exchange, without holding them. Additionally, whenever a holder of the OKS token starts the staking process on the system, they are rewarded by the Oikos network, with some portion of fees paid on the exchange. To finish, the user has to pay fees of synthetics while unlocking the staking process.

There are obviously a lot of gains associated with minting synthetics on the Oikos platform, first of which is total security, as the user does not hold the underlying asset. Transparency and efficiency are easily achieved in a decentralized way, with the help of the smart contract.

On the Oikos network, the OKS token is over-collateralized with about 800% ratio, to ensure that the volatility of the market does not affect investors' assets in any way, which is a big break in the digital assets industry.

These are just a piece of the cake when it comes to how far the Oikos network will improve the digital assets industry.

CONCLUSION

Investing in synthetics is another great advancement in the digital assets industry, which is filled with lots of benefits for the users.
Luckily for the world, the Oikos platform is at the forefront of this advancement and has devised means with the necessary mechanism to ensure that users get the best from it.
Once this system is globally adopted, it will help improve the digital system and strengthen the global system at large.

For more detailed information, please check the below links;

Website: https://oikos.cash/
Twitter: https://twitter.com/oikos_cash
Lightpaper: https://docs.oikos.cash/litepaper/
Github: https://github.com/orgs/oikos-cash/
Telegram: https://t.me/oikoscash
Discord: https://discord.gg/qjuqy6X
Announcement thread: https://bitcointalk.org/index.php?topic=5241400

Author's details
Bitcointalk username: mayukus4life
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1777715

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