Ooki describes itself as a protocol for tokenized margin trading and lending. It is a basic financial tool that enables decentralized, effective, and rent-free blockchain and allows for shorting, leveraging, borrowing, and lending. Anyone can create ...Moreapplications using the Ooki Protocol to engage with the most adaptable decentralized finance protocol on Ethereum as lenders, borrowers, and traders. The community votes on any significant protocol modifications for the Ooki project. No verification, KYC, or AML is required. With its non-custodial solution, users can lend or trade while keeping custody of their own keys and possessions. Positions that are undercollateralized are only sufficiently liquidated to raise margin maintenance from 15% to 25%. OOKI is the native token of the platform.
A quick snapshot of Ooki ROI (return on investment) over different time periods.
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
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Project announcements and news have a significant impact on the price. Below are live updates from Ooki's Twitter and Reddit accounts.
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