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Usha Yadav
Aug 13, 2022
by Usha Yadav

Coinbase Announces OOKI, Added to the Roadmap

Coinbase Announces OOKI

Table of contents

  1. Cryptocurrency Projects On 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.

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 all-time high of $0.060539 in December. This year, the exchange added OOKI to the roadmap to improve transparency and lessen the chance that their listing announcements would be prematurely made public.

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Coinbase Announces OOKI, Added to the Roadmap
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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