Ooki is a protocol for tokenized margin trading and lending. Ooki is a community-run project, governed by the community vote for all major changes to the protocol.
It is a financial primitive for shorting, leverage, borrowing, and lending that empowers decentralized, efficient, and rent-free blockchain. Ooki Protocol allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on Ethereum.
Ooki users can engage in margin trading with up to 15x leverage using a decentralized trading platform. Ooki users can lend out funds and earn interest on their capital, and also borrow funds against collateral. Ooki users can Stake their Ooki Tokens in order to earn a portion of fees generated by the platform. Ooki users can participate in platform governance through the OOKI DAO, and use their OOKI tokens to vote on proposals, submit new proposals, and participate in platform governance.
The OOKI token is a governance token that allows the Ooki community to govern the protocol through staking OOKI token and voting in the Ooki DAO. The Ooki ecosystem is designed to emphasize community control over the protocol through governance, fee sharing, and voting.