Ooki Protocol

Ooki Protocol (OOKI)

Full information about Ooki Protocol (OOKI). Current Ooki Protocol price in PGK, OOKI open/close rates, Ooki Protocol history charts, Ooki Protocol market capitalization and volume.

1 OOKI = 0.006 K Papua New Guinean Kina (PGK)
0.0013812 PGK

Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago 1 USD = 4.080357 PGK

General information
Global rank:985
Name: Ooki Protocol Ooki Protocol
Symbol:OOKI
Current coin price (PGK):0.006 K
Last hour:arrow_upward0.750 %
Last 24 hours:arrow_downward-5.25 %
Last 7 days:1.20 %trending_up
Capitalisation (PGK):50 388 165.38 K
Volume 24h (PGK):19 170 227.17 K
Available supply:8 940 847 787.00 OOKI
Total coin supply:10 500 000 000.00 OOKI
Start date:2020-07-05
Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago

Ooki Protocol/Papua New Guinean Kina (OOKI/PGK) price chart

Ooki Protocol/Papua New Guinean Kina (OOKI/PGK) capitalisation and volume charts

What is Ooki (OOKI)?

Ooki (OOKI) is a protocol for tokenized margin trading and lending, offering decentralized and efficient financial services. It enables shorting, leverage, borrowing, and lending on the blockchain, empowering users with flexible decentralized finance capabilities.

Who created Ooki (OOKI)?

Ooki is a community-run project, governed by community voting for major protocol changes. While Tom Bean and Kyle Kistner founded bZeroX, which later became Ooki DAO, they are no longer associated with the decentralized autonomous organization.

What is Ooki (OOKI) used for?

Ooki users can engage in margin trading with up to 15x leverage, lend out funds to earn interest, borrow funds against collateral, and stake Ooki tokens to earn a portion of platform fees. The OOKI token serves as the primary token of the platform, allowing users to participate in platform governance through the OOKI DAO. OOKI holders can vote on proposals, submit new proposals, and influence the protocol's governance decisions. Additionally, OOKI is designed to kickstart liquidity and align long-term interests of stakeholders. The protocol is currently deployed on Ethereum L1, Optimism, Arbitrum, Polygon, and Binance Smart Chain.