The Ethereum token that runs the Ooki Protocol
The Ooki coin is the cryptocurrency that will change its name with the redefinition of the BZRX coin.
In the preface made by the BZX platform, the changes to be made to the new cryptocurrency were explained as follows;
As a result of the rebranding, the stock symbol will change to Ooki.
The token contracts made in order to enable the minting and burning feature in the voting on the platform will be updated.
Lower transaction costs will be obtained with Ooki Coin.
The main unique features of the Ooki project that make it stand out in the sector in general and distinguish it from its competitors are briefly as follows:
It offers a technically strong and functional infrastructure as a margin trading, lending and borrowing, and staking protocol.
It allows users to make short-term and long-term margin trading with leverage, borrowing and lending.
It is currently supported by 4 blockchains such as Ethereum, Polygon, Binance Smart Chain and Arbitrium.
Some of the prominent advantages and disadvantages of the Ooki Protocol (OOKI) project are:
Advantages
Managed by the DAO
The opportunity to participate in the management of the platform can be provided through the OOKI DAO.
Users can lend and earn interest on their capital.
Fully audited by leading auditing firms.
Market Value 11.32 million #USD
Circulating Supply 8.78 billion
