OOKI is een Ethereum-token dat het Ooki Protocol mogelijk maakt, een DeFi-protocol dat lenen, uitlenen en margehandel ondersteunt. OOKI-tokens kunnen worden gestaked om een deel van de door het protocol gegenereerde vergoedingen te verdienen, zoals vergoedingen voor handel, lenen en uitlenen. OOKI fungeert ook als governancetoken van het protocol.
What Is Ooki Protocol (OOKI)?
Ooki Protocol (OOKI) is a financial primitive for shorting, leverage, borrowing, and lending that empowers an efficient, decentralized, and rent-free blockchain. Currently, Ooki is deployed on Ethereum L1, Arbitrum, Polygon, and Binance Smart Chain.
Ooki Protocol seeks to allow anyone to build applications that enable borrowers, lenders, and traders to interact with flexible, decentralized financeprotocol on Ethereum. Ooki is a community-run project governed by the community vote for all major changes to the protocol.
The Ooki DAO governs the platform, which votes on proposals via the Ooki DAO governance mechanism. Ooki Protocol has three primary tokens:
OOKI: OOKI is the primary token of the platform. The token holders can participate and vote in governance in multiple ways: create forum proposals (OOIPs, Ooki Improvement Proposals), vote on snapshot proposals, participate in forum discussion about existing proposals, and vote for on-chain votes through Etherscan. OOIPs are the main form of governance and are written proposals made by a team or community member who desires changes to the products or protocol.
iTokens: iTokens, such as iDAI or iUSDC, are interest-accumulating tokens that continuously go up in value as you hold them. iTokens represent a specific share in a lending pool that grows in size as borrowers pay interest on them.
The third token is vBZRX and is a vesting token. It slowly releases tokens that can be claimed for OOKI. Holders of OOKI iOOKI, and vBZRX are given the ability to participate and vote in Ooki DAO governance.
History of Ooki Protocol (OOKI)
The total maximum supply of OOKI is 10.5bn OOKI tokens.
How Are Ooki Protocol Tokens (OOKI) Earned?
OOKI token holders can stake OOKI to earn part of the Ooki protocol fees. However, the fees generated on all the different Ooki Protocol deployment chains will be earned by OOKI stakers on Ethereum. Uponstaking, the stakers earn part of the Ooki protocol fees and vote on DAO proposals. Also, they can claim rewards for providing liquidity.
