New products and services continue to emerge in the crypto money market, where the interest in decentralized finance is increasing day by day. The newest of these is the Ooki Protocol. You can find all information about the Ooki protocol and Ooki coin from this content.
Founder and year of establishment: – / 2021
Blockchain: Ethereum, Polygon, Binance Smart Chain
Total supply: 10 billion
Circulating supply: 2.12 billion
Market value: $105 million (December 26, 2021)
Lowest price: 0.02316 dollars
Highest price: $ 0.06397
The goal of the project: It is a DeFi project that provides margin transactions, borrowing/lending and staking on decentralized finance.
Usage areas: Decentralized finance
What is the Ooki Token project?
Ooki is a DeFi protocol for margin transactions, borrowing/issuing and staking that enables the creation of decentralized applications including the Ethereum, Polygon and now Binance Smart Chain blockchain powered by Chainlink. Ooki is a fully decentralized, community-run project led by community votes for all major changes to the protocol. The aim of the project is to provide financial independence to users by redefining and updating financial services for a decentralized future. The Ooki protocol is fully integrated with all popular wallets as well as networks
The Ooki DAO treasury facilitates the DAOs mission of funding critical development, rewarding ongoing contributors, growing protocol, expressing values and increasing longevity. Proposals submitted to the DAO are first discussed in a forum, and then once consensus is reached in the community, the proposals move to snapshot voting, then chain voting.
Fulcrum, in the Ooki protocol, is a decentralized trading platform where you can perform margin transactions. No verification, KYC or AML is required. You can hold your assets with your own keys.
What is Ooki Coin?
The OOKI token is a governance token that allows voting in the Ooki DAO to rule the protocol. The Ooki community can stake these tokens and earn interest income. The Ooki ecosystem is designed to emphasize community control over the protocol through governance, fee sharing, and voting. OOKI token holders receive a portion of the protocol revenue. 50% of the fees generated by the protocol are distributed to OOKI stakers. The remaining 50% of the fees are allocated to the insurance fund and the Ooki treasury.
Where and how to buy Ooki Token?
With a market cap of $105 million as of December 26, 2021, Ooki Token has a maximum supply of 10 billion and a circulating supply of 2.12 billion. The token, which saw its highest price at $ 0.06397, experienced its lowest level at $ 0.02316.
Ooki Coin, which made a hit with Binance listing on December 24, is currently traded on a limited basis. For now, Ooki Token can be traded with USDT and BUSD trading pairs from exchanges such as Gate.io, WazirX, MEXC and Tokocrypto.
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