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About Ooki Protocol (OOKI)

Ooki is a fully decentralized margin trading, borrowing, and lending platform built on the Ethereum blockchain.Ooki is a non-custodial platform, which means that users retain control of their own funds at all times. Ooki is a cross-chain, fully decentralized, community-run project, governed by the community vote for all major changes to the protocol.

Ooki is a protocol for margin trading, borrowing, lending and staking. Ooki Protocol allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on multiple blockchains.

As per the project, the prominent features of its platform include:

o   No KYC - Ooki is a decentralized margin trading platform and users don’t need to complete any verification or KYC.

o   Non-Custodial - Whether lending or trading, users maintain control of their own keys and assets with our non-custodial solution.

o   Minimal Liquidation Penalties - Positions that become undercollateralized are only liquidated enough to bring margin maintenance from 15% to 25%.

Ooki is steadily increasing its support for various blockchain protocols, aiming to sustain its role in the field of decentralized margin trading, borrowing, and lending.

Currently, Ooki supports margin trading borrowing and lending on the blockchains including, Ethereum, Binance Smart Chain, Polygon, Arbitrum, and Optimism. To enhace the user experience, Ooki has collaborated with Chainlink, Celer, Sushi, Push Protocol among others.

The live price of OOKI is available and updated in real time on Binance.

Other Questions About Ooki

  1. What is $OOKI Used For?

    OOKI is a governance token that empowers an active and vibrant community of stakeholders to collectively advance the protocol. Users who stake OOKI tokens are eligible to earn fees generated by the protocol and are able to vote for representatives responsible for approving upgrades to the protocol. OOKI is designed to kickstart liquidity, and network effects by aligning stakeholders long term interests.

  2. Who Is the Founder of Ooki?

    Ooki has no founder since Ooki has transitioned to a DAO since its inception.

  3. What Is the Circulating Token Supply of $OOKI?

    The maximum token supply of OOKI is 10,500,000,000 and the circulating supply stands at 4,558,586,607 at the time of writing.

  4. How To Buy OOKI?

    OOKI can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live OOKI price is updated in real time on Binance. OOKI price and purchase information is available on How to buy Ooki Protocol (OOKI) Guide.