Decentralised Synthetic Assets Oikos is a Tron port of Synthetix: a synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices. Synthetic assets (Synths) are backed by Oikos Network Tokens (OKS) locked into a smart contract as collateral. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade P2C (peer-to-contract) on Oikos Exchange without liquidity limitations. Trustless Token Exchange Oikos Swap is a Tron port of Uniswap: a trustless decentralized exchange that allows users to trade any Tron-based token without any deposits or withdrawals to a centralized order book. Better yet, Oikos Swap liquidity pools have little to no slippage for the vast majority of transactions. Anyone can contribute by adding or removing liquidity to gain commissions in the form of exchange fees as well as rewards paid in OKS token.
Decentralized applications (dApps) are digital applications or programs that reside and execute on a blockchain or peer-to-peer network of computers rather than a single computer and are independent of any single authority's control. At Cryptoknowmics, you will get all the information you need to know about Dapps and their use cases.
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