Cryptoknowmics
2022-08-13 12:40:33

Coinbase Announces OOKI, Added to the Roadmap

The major US-based cryptocurrency exchange Coinbase has added the low-cap, decentralized finance (DeFi) altcoin to its listing roadmap, which has caused it to soar. The native asset of the Ooki Protocol (OOKI) was added to the roadmap, according to a Friday announcement from Coinbase. Assets added to the roadmap today: Ooki Protocol (OOKI) https://t.co/zu1IBdrD7X — Coinbase Assets (@CoinbaseAssets) August 12, 2022 Cryptocurrency Projects On The Roadmap The cryptocurrency projects on the roadmap are those that are presently being considered for inclusion on the exchange’s expanding list of supported assets. A decentralized margin trading and lending platform that doesn’t demand verification are the Ooki Protocol. A “financial primitive for shorting, leveraging, borrowing, and lending that empowers decentralized, effective, and rent-free blockchain” is what the project is attempting to build. Anyone can create applications using the Ooki Protocol to engage with the most adaptable decentralized finance protocol on Ethereum as lenders, borrowers, and traders. Ooki is a community-run project, and all substantial changes to the protocol are decided by community vote. The governance token for the project, OOKI, is currently trading at $0.0076. The 611th-ranked cryptocurrency asset by market size has increased more than 33% over the last week and 22.20% during the past 24 hours. However, OOKI has dropped more than 87% after hitting an...

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