Ooki Protocol

Ooki Protocol

Ooki Protocol OOKI Rank #649

Learn how to buy Ooki Protocol (OOKI) Token - Explanation, price and reliability

Ooki Protocol Exchanges

Exchange Market Pairs Buy
Binance BTC/USDT Buy here
Gate.io BTC/USDT -
KuCoin BTC/USDT Buy here
MEXC LTC/USDT -
Phemex LTC/USDT -
SushiSwap MIM/WETH -
WazirX XRP/INR -
Tokocrypto LTC/USDT -
Bitrue CSCXRPL/USDT -
CoinEx NMC/USDT -
Pionex DGB/USDT -
BKEX SYS/USDT -
Hoo MIM/USDT -
Hotcoin Global REP/USDT -
Bitcoiva DGB/INR -
Jubi XAS/USDT -
BingX MLN/USDT -
ZT SIS/USDT -
What is Ooki? Ooki is a powerful and fully decentralized trading, lending and margin lending platform with many features. Ooki is a protocol for margin trading, borrowing, borrowing, and staking. The Ooki protocol allows anyone to build applications that allow lenders, borrowers, and merchants to interact with the most flexible decentralized finance protocol across multiple blockchains. Ooki is a completely decentralized, community-managed project, governed by community vote for all major protocol changes. DAO. The Ooki ecosystem is designed to emphasize community control over the protocol through governance, commission sharing, and voting. The InnovationOoki protocol is a fully decentralized and trustless protocol that allows users to trade long or short with leverage, borrow and lend. TradingTrading is at the core of the Ooki protocol. Users can easily open long or short leveraged trading positions at fixed interest rates. The Ooki Loan/Loan protocol allows users to borrow collateralized funds, as well as lend funds and earn interest. A unique feature of the Ooki protocol is the existence of dynamic interest rates to ensure that borrowers and lenders receive optimal rates when opening new positions on Ooki. This dynamic rate engine targets an 80% utilization rate and will keep pools optimally utilized. StakingOOKI token holders can stake OOKI tokens and receive a portion of the protocol revenue. 50% of the commissions generated by the protocol are distributed to OOKI stakers. The remaining 50% of fees is allocated to the Ooki treasury and insurance fund. The OokiverseOoki protocol currently supports four blockchains: Ethereum, Polygon, Binance Smart Chain, and Arbitrum. New blockchains will be added regularly following community consensus. Insurance fund Ooki's insurance fund is used to cover unexpected losses caused by hacks. Additionally, Ooki has over $1 million in coverage through Tidal Insurance. How is the Ooki protocol governed? The Ooki protocol is governed by the OOKI token. OOKI token holders can stake their token and participate in voting and governance. The Ooki community is creating cutting-edge, innovative financial software with a focus on radical decentralization. Build unstoppable apps that are sustainable, efficient, and free. The global financial system is full of intermediaries that can and will be replaced by software, and Ooki is that software. The DAOoki DAO Treasury facilitates the DAO's mission to fund critical development, reward ongoing contributors, grow the protocol, express values, and increase longevity. Proposals submitted to the DAO are first discussed in the forum, then once community consensus is reached, proposals go to instant voting, followed by chain voting. Ooki - What is the next step? Ooki is constantly innovating and developing cutting edge features for its users. Below are some of the upcoming features available to Ooki users: Authorized Listings Decentralized Limit Orders B. Protocol Leveraged Positions