All you need to know about Oikos TRON contracts
Introduction
The Oikos project is built on tron blockchain. In essence, it is a crypto-backed synthetic asset platform for the Tron network. The oikos network operates seven synthetic assets and currencies. It is built such that it is multifaceted. Therefore, the proxy system adapts to the various currencies without affecting the contract functionality.
Through the TRON blockchain, the Oikos contracts maintain transparency within its community. The tron contracts are the services within the system that enable easy interaction between multiple contracts. It bridges the gaps between the constituents node of a contract. Nodes can refer to an address resolver and query for needed information at transaction time. It aims at keeping all nodes up to date with the latest transaction details.
The types of Oikos tron contracts.
Exchange Rates.Sol: This contracts tracks prices and exchange rates in USD. It analyses the rate of change of prices and flags stale prices. Notably, since the price management of the network is controlled by a single Oracle, the exchangerate.sol ensures that price updates is not affected by other components.
ExternState Token.sol: this particular contracts operates with a similar concept as ERC20 token. It allow tokens to store value and balances outside of the contract for upgradability.
Fee Pool.Sol: this Tron contracts collects all fee information within the Oikos network. As users transact, either through exchange or staking, the transaction charges are stored in the fee pool. This contracts ensure the users that provide this services claim their rewards.
Synthetix Escrow.sol: All fees collected during the exchange offer are escrowed for a year to sustain the network against markets volatility. Through this, users are liable to unlock their OKS tokens at defined times within a vesting schedule.
Self Destructible.sol: this is a contact designed to kill off the activities being run within the oikos system by users. For instance, stakers can utilize this contract to kill off their staking activities with a timer. It operates with a timer that counts down to expiration; and the proceed to kill the contract in a self destruct manner.
Limited Setup.sol: this contracts is developed to limit the amount of actions available for usage within the the oikos contract. It ensures a limited setup period is placed on some actions. After this time is done, the functions becomes unavailable and cannot be modified.
Token State.sol: this contract is embedded with rules that control the approval of tokens. It also holds the necessary information about tokens.
Pausable.sol: The oikos contract are self run and can be fully or partially implemented. Through this pausable tron contracts, it becomes possible to pause a contract. The paused actions can be modified to fit the standard of the contract as the user desires.
Synth.sol: Through the synth tron contracts, fees can be remitted into the fee pool from exchanges and other transactions. It updates all nodes within the system, about the latest transactions. It also directs the oikos contract to do exchanges when appropriate such that fees can be remitted.
Conclusion
As users transact in the system, small fees are remitted, which gets sent to OKS holders that enable the economy to exist. The tron contracts ensure that all fees follow the programmed model from the exchange to the fee pool. It also allows users to control the system operations to an extent. Through the tron contracts, users have absolute control over the way they utilize their funds within the oikos network. Also the tron contracts ensure that all parts of the system get updated information at the same time.
USEFUL LINKS
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Telegram: https://t.me/oikoscash
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AUTHOR'S DETAILS
Bitcointalk Username: Blesko
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2642410