Ooki is a fully decentralized margin trading, borrowing, and lending platform built on the Ethereum blockchain.Ooki is a non-custodial platform, which means that users retain control of their own funds at all times. Ooki is a cross-chain, fully decentralized, community-run project, governed by the community vote for all major changes to the protocol.
Ooki is a protocol for margin trading, borrowing, lending and staking. Ooki Protocol allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on multiple blockchains.
As per the project, the prominent features of its platform include:
o No KYC - Ooki is a decentralized margin trading platform and users don’t need to complete any verification or KYC.
o Non-Custodial - Whether lending or trading, users maintain control of their own keys and assets with our non-custodial solution.
o Minimal Liquidation Penalties - Positions that become undercollateralized are only liquidated enough to bring margin maintenance from 15% to 25%.
