Crypto is regaining momentum and this time, the moves are structural. Trump has signed off on a Strategic Bitcoin Reserve. It’s not just symbolism. The U.S. is now holding BTC as a state-level asset, and Arizona has followed suit with its own digital asset reserve fund. At the federal level, the SEC is finally working on concrete rules for crypto tokens. Not more uncertainty, but a framework the market can build on. It’s not about cracking down, it’s about setting the stage.
On the corporate side, things are accelerating. Coinbase just made it into the S&P 500. The stock soared, and with it, the signal that crypto is becoming part of the financial core.
Furthermore, Circle filed for a $5 billion IPO. USDC is moving up the ladder, positioning itself as a serious contender in the stablecoin wars. Bitcoin is trading solidly above $100,000, total crypto market cap sits at $3.3 trillion, and the market doesn’t feel overheated, it feels aligned. Institutions, policy, and capital are all moving in the same direction.
Ooki's Transformation - Bigger, Better... Ooki?
Like the economic and political environment of crypto, Ooki is also continuing its evolution. We have already shown you a little of what the team is currently working on and that was only a fraction of the whole thing. Big things are on the way! (You missed it? Check out Ooki's X to get some nooooice sneek peaks! 🏃)
But butter doesn’t spread itself on bread. Progress requires investment. To support ongoing developments and ensure the project’s longevity, the DAO has proposed an incremental 25% increase in the OOKI supply, applied at a rate of 5% per week. The funds raised will be used across multiple key areas, including:
- Rebranding Efforts
The long-anticipated rebranding requires significant resources to finalize and implement. From a sleek new UI to backend infrastructure improvements, this transformation will set Ooki apart as a serious contender in the DeFi space. - Exchange Listings
Expanding Ooki’s presence on major exchanges is crucial to increasing liquidity, accessibility, and visibility for the protocol. Listing fees, liquidity providing and associated costs will be covered through this initiative. - Ecosystem Growth
Supporting the development of new features like permissionless listings and AI integration, ensuring the platform remains at the forefront of DeFi innovation. - Operational Resilience
Building a reserve to maintain the protocol’s stability, fund future upgrades, and prepare for unforeseen challenges. - Marketing and Outreach
Driving awareness of Ooki’s transformation through targeted campaigns, community engagement, and collaborations, ensuring the rebrand gains traction and attracts new users to the platform. - Enhanced Security Measures
Investing in additional audits, testing, and monitoring systems to reinforce the protocol’s security and safeguard user assets as the platform grows.
By addressing these critical areas, the DAO ensures that Ooki has the resources to thrive, innovate, and continue delivering value to its community.
About Ooki
Ooki is a protocol for margin trading, borrowing, lending and staking enabling the building of Decentralized Applications for lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on multiple blockchains. Ooki is a fully decentralized, community-run DAO, governed by the community vote for all major changes to the protocol. Ooki users can engage in margin trading with up to 15x leverage using a fully decentralized trading platform.