In the realm of ideas everything depends on enthusiasm… in the real world all rests on perseverance.
Johann Wolfgang von Goethe
Since its inception, Oikos always had a clear goal in mind: bring the best DeFi services to the Tron network. We have been working around the clock, coordinating efforts between our initiatives to make this happen. Today, we are pleased to share some initial results with you.
Bridge the gap with existing blockchains
The Tron network is evolving fast, with growing demand and a number of services launched on the platform. One of the most important components of a successful software venture, of any kind, is to have a dedicated and motivated community of users and developers working together. In order to keep up with the competition, Tron desperately needs mature development toolkits and better documentation, amongst the other things. Sensing this gap, the Oikos team worked with dedication toward filling it. During the past months, we have ported Ethereum’s most important pieces of software, such as Web3, Truffle, and Graph protocol to work seamlessly with the Tron network. This work has not been open-sourced yet and will be released under our “OpenTron” initiative, which we will talk about in a separate write-up.
The Graph
A key component of the decentralized web, Graph protocol merges blockchain and GraphQL by providing a unified interface to access the enormous amount of data created by DApps globally. Oikos will make use of it to power data over our ecosystem and beyond, starting today. Work is in progress to reach code maturity and open the service to the public at a later stage. You can fiddle with it right now and start exploring subgraphs. Here is an example query:
{
tokens {
id
symbol
name
decimals
}
pairs {
token0 { symbol }
token1 { symbol }
txCount
token0Price
token1Price
}
uniswapFactories {
id
pairCount
totalVolumeUSD
}
}Swap V2
As part of our strategy, we have updated the Oikos swap code to reflect the Uniswap V2 code release. This update brings a lot of new functionality, such as: direct swap between any pair of TRC20 token, better price oracle, amongst others. The old V1 will be phased out during the next weeks, as we progress toward the implementation of the Swap V2 LP reward system. If you are a liquidity provider in any pool other than sETH and sTRX, we advise you to migrate your position using the guided wizard. Check it out here.
Conclusion
Oikos is a young and dynamic initiative, led by passionate people with strong will and determination to reach their targets. Daily problems that a startup must face are multiple and it is sometimes hard to focus energies and resources in the right direction, while at the same time pleasing everyone else expectations. Nevertheless, Oikos has its users and supporters' interest in mind and the Team will continue to work hard and deliver consistent results over time. The future is bright and the road ahead is long.
