Ookidao token is a new cryptocurrency in the market and has already earned a crucial spot an is becoming more famous in the market. This token is getting space and also pretty popular in the Australian market, lot of the market’s crypto experts and traders have been keeping track and paying close attention to Ookidao. This article is to help understand and gain knowledge of this token while understanding its basic protocols.
Ookidao token also called Ooki acts as a protocol for helping out in margin trading and lending using tokens. It was introduced to play a role in the liquidity market. It mainly relies on its network policy which allows it to associate with the buyers and sellers of the firm. Its vivid community is the main and primary source therefore it consists of novice and experienced members of the market.
How does Ookidao work?
The protocol behind the Ooki mainly depends on the “DeFi” method. Rather than the normal approach it rather uses a decentralized approach which thereby helps investors in their transactions and investments. It is backed up by a huge team and has a large volume of members and also an inventor’s base.
It is run with the help of “Polygon”,” Ethereum”,” Binance smart chain”. Any good crypto trader would know how much power this token holds. This token can be bought on various platforms like “Mexc”, “Tokocrypto” and “Gate.io”.
This token holds a good purchase to returns ratio and hence does well in the market. It also has gone through exponential growth in short time in the market. As it does not follow the normal protocols, it follows decentralized protocols thereby allowing it to be a unique token in the market. Ookidao is also partnered with Binance Smart Chain which also powers the token. If you join the community, it allows you to participate in a voting system to help decide the next protocols.
It is a new but very successful token in the market right now. But each cryptocurrency has both its good and bad protocols. As it’s a new token, information regarding it is still being researched. The token is the new one in the market with lot of potential. There are many investors and gaming users who are betting on this coin.
Ookidao is a growing project in different countries and also investors are promoting it on social media platforms.