OILZ FINANCE — SteemCN

Overview

Decentralized finance, commonly known as DeFi, has been one of the most impactful and successful waves of blockchain-based innovation.
Fueled by their inherent advantages of permissionless composability and open-source development culture, DeFi protocols are constantly advancing and iterating upon proven models of financial-based agreements. The DeFi ecosystem moves at a lightning pace — over the past few months, a rising movement of liquidity-focused DeFi projects has brought forth a new wave of DeFi innovation.

In short: DeFi is massive and expanding by the day. Its expansion over the last few years has seen the advent of new technologies and better ways of managing finances: new ways of financing projects, borrowing, lending, betting, investing; the possibilities are endless. The rapid growth of DeFi has, however, highlighted some innate problems in the industry. Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable.

The developers of OilZ Finance have introduced the OilZ Autostaking Protocol (OAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol.

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Oilz.Finance was born at the perfect time to lead a DeFi revolution with Oilz Automated Service Protocol or OAP, a new financial protocol with more innovations than other products that help easier staking and gives $OILZ token holders the highest stable profit in crypto.

Oilz.Finance provides a decentralized financial asset and platform which rewards users with a sustainable fixed compound interest model through use of it’s unique OAP protocol.

The Oilz Auto-Staking Protocol (OAP for short) is a new financial protocol that makes staking more easier, more efficient and awards $OilZ token holders the highest stable returns in crypto.

OILZ Token

OILZ is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.0243% interest every 15 minutes just for holding $OILZ tokens in their own wallet!

OILZ Insurance Fund Valuation (IFV)

4% of all trading fees are stored in the Oilz.Finance Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk

The OAP uses a complex set of factors to support its price and the rebase rewards. It includes the Insurance Fund Valuation (IFV) which serves as an insurance fund to achieve price stability and long term sustainability of the OilZ Protocol by maintaining a consistent 0.02355% rebase rate paid to all $OilZ token holders.

OILZ Treasury

The treasury functions as additional financial support for the IFV in the event of an extreme price drop of the $OILZ token or unforeseen black swan event.

It helps to establish a floor value for the $OILZ token. Oilz Treasury provides funding to the new OilZ.Finance products, projects, and marketing activities

The Defenders
3% of all $OILZ traded are burnt in The Defenders.

The more that is traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, reducing the circulating supply and keeping the OilZ protocol stable

Oilz Finance — Highest Paying Auto Staking Auto Componding Protocol

What is OilZ Finance?

OilZ provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary OAP protocol. OilZ delivers the industry’s highest fixed APY, paid every 15 minutes or 96 times each day, and a simple buy-hold-earn system that grows your $OilZ portfolio in your wallet at a lightning-fast pace.

Features of OilZ

OilZ Autostaking Protocol (OAP) — Highest Fixed APY — OAP provides token holders simplicity, security, and a consistent fixed high yield return of 498,249% APY from their staking. It is used in the OilZ token.
Low Risk — Oilz.Finance Insurance Fund Valuation (IFV) — 4% of all trading fees are stored in the Oilz.Finance Insurance Fund helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.

Staking — Easy and Safe — The OilZ token always stays in your wallet it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there are no more complicated staking processes at all.
Interest Yield — Automatic Payments — You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY — OilZ pays out at 498,249% in the first 12 months which rivals anything in the DeFi arena to date.

Rapid Interest Payments — The OilZ Protocol pays every OilZ Token holder each and every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn (Defenders)— One of the exciting features of the Oilz.Finance Protocol is an automatic token burn system named “The Defenders” which prevents circulating supply from getting out of hand and becoming unmanageable. The Defenders burn 3% out of all Oilz. Finance Token market sales are burned in the same individual transaction.

How Does Auto-Staking Work?

The OAP Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, which provides the ultimate ease of use for $OilZ holders.
Buy-Hold-Earn — By simply buying and holding a $OilZ token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 15 minutes.
Using a Positive Rebase formula, OilZ makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.02355% every 15 minute epoch period of the total amount of $OilZ tokens held in your wallet. The rebase rewards are distributed on each EPOCH (15 minute rebase period) to all $OilZ holders.
This means that without moving their tokens from their wallet, OilZ holders receive an annual compound interest of 498,249% for Year 1.

How do they provide So high APY?

OilZ buys and sells fees are an important component of the OAP. They provide capital for performing critical functions to the protocol. The amount of the fees (11% for buys and 18% for sells) allows OilZ to provide $OilZ holders with a stable high yield of 498,249% annually.

Conclusion

OilZ is a Defi protocol that is set to outpace bitcoin by paying regular compound interest to all OilZ token holders of up to 498,249% each and every year with a 100% guarantee of execution. There aren’t many guarantees in this world especially when it comes to financing but with OilZ it actually is.
What makes OilZ different is its elegant design of architecture where all the interest cycles are predetermined and hardcoded into the programming of the OilZ protocol itself. Basically put there are EPOCH cycles ready preset and because it’s written into the blockchain smart contract it is completely impossible for any cycle or interest payment to be amended or changed. Investors will receive up to 0.02355% every 15 minutes of interest paid each cycle compounded. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain, and it’s completely decentralized to ensure safety and security.

Author: choky
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