Oasis Trade - an updated version of eth2dai.com, built on the OasisDEX protocol. One of the first resources, where people bought and traded Dai. The original Oasis was one of the few DEXs that worked completely online. And as a result, they played a big role in the success of the MakerDAO project to date.
Contents:
- Oasis exchange updates
- What is DAI?
- Personal data and security in dapp
- Trading and commissions at Oasis
Oasis exchange updates
Oasis Trade - a decentralized application, that runs on the Ethereum blockchain. A platform doesn’t have a WhitePaper, but any user can easily use Oasis. An exchange doesn’t provide the referral programs, as you have already been trading tokens, taking loans for them and earning savings, using Dai. New Oasis Trade can build on the success, achieved while being eth2dai.com. The platform will support trading and provide ETH liquidity and other tokens. Ultimately, it will support many collateral assets that support DAI.
What is DAI?
Dai - the world's first non-biased and leading decentralized stable currency, pegged to the US dollar. It’s worth noting, that Dai - a digital currency that can be used by anyone, anywhere, anytime. Thus, several main advantages of the token can be distinguished:
- Financial freedom without volatility;
- Stable price, which you control.
Any business or individual can realize the benefits of digital money.
Also, its great advantage - it’s a stable currency that prevents speculation.
Personal data and security in dapp
In order to use the Oasis decentralized service, you don’t have to register a personal account and fill out data to undergo all kinds of checks. However, you need an Ethereum wallet so that you could trade on the platform. Oasis supports most Ethereum wallets like Metamask, Coinbase Wallet, etc. Safety - the top priority of the Oasis team. They regularly check smart contracts. In addition, the Oasis code is open-minded, giving the community the ability to test and audit core technology.
Trading and commissions at Oasis
Oasis Trade has no trade fees. All transactions are free for buyers and producers. The only commissions - standard network gas fees for transferring your funds to and from trading contracts.
| Monthly volume level: | Any volume |
| Seller: | 0% + Gas commission |
| Buyer: | 0% + Gas commission |
You can’t buy cryptocurrency from your bank account, using Oasis. But you can use Dai to buy Ethereum and other supported tokens. Although, the OasisDEX protocol supports transactions with any ERC20 token, Oasis Trade will offer tokens, that will help to accelerate Dai and Maker Protocol adoption and expand the DeFi ecosystem. If you have questions about using the resource, you can always use the Reddit online forum or the exchange chat.