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Introduction
The world of cryptocurrency is now getting wider and growing. The blockchain ecosystem is thriving and continues to innovate with lots of tokens popping up. Likewise, the Oilz Finance project provides the best innovation in the crypto world.
OILZ FINANCE is the Highest Paying, Auto Staking and Auto Compounding Protocol that provide its user with fixed staking APY up to 498,249% directly to the user’s wallets in every fifteen minutes. User can simply buy — hold — earn the Oilz Tokens to get the reward of a sustainable fixed compound interest model which grow fast and easily thus helping your tokens without moving your assets from your wallet. Hence, the OilZ holders are rewarded in every 15 minutes with automatic compound interest that is the user can earn up to 498,249,000 USD of $OILZ at 498,249% APY. Audit of Oilz Finance from Solidproof has been completed and no issues were found. Audit report can be checked on https://github.com/solidproof/projects/tree/main/Oilz. The official Smart Contract of Oilz Finance is 0x1695f45e7A66f9404718543143813E09EFB316D1
What is Oilz Finance?
Oilz Finance is an extraordinary venture and it is very clear that they prioritize the protection and transparency of this project. Their environment is getting bigger every day. everything to be a part of and watch its progress.
Oilz Finance provides a decentralized monetary asset and platform that rewards customers with a continuous constant pool of entertainment mannequins through the use of a dedicated OAP protocol.
Oilz Auto-Staking Protocol (OAP for short) is a new economic protocol that makes staking easier, extra eco-friendly and gives $OilZ token holders a perfect stable return in crypto.
Feature
Oilz AutoStake is an advanced function called Buy-Hold-Get system, which gives $OILZ holders ultimate ease of use. By simply buying and holding $OILZ in your wallet, you earn rebase rewards as interest payments directly to your wallet. Your token will increase every 15 minutes.
Using the Positive Rebase formula, OILZ Finance enables token distribution that is directly proportional to the epoch rebase reward, worth 0.0243% per 15 minute epoch period of the total amount of $OILZ tokens stored in your wallet. The system rebases the rewards on every Epoch (15 minutes rebase period) to all $OILZ holders. This means that OILZ holders don’t have to move their tokens from their wallets and still receive 0.0243% annual compound interest.
Fixed APY staking
Oilz.Finance transforms the DeFi space through a unique Oilz Auto-Staking (OAP) protocol that provides the industry’s highest fixed APY of up to 498.249%, switching rewards directly to your wallet every 15 minutes, Using a simple buy — hold — get system and a continuous compound interest model, Oilz. Finance grows quickly and easily your tokens without moving your assets from your wallet.
White Paper Audit
All OilZ holders are rewarded with automatic compound interest paid every 15 minutesʼʼ
How much can I earn?
At the end of the year and with $1,000 USD of $OILZ invested.
You can earn up to
498,249,000 USD
from $OILZ at 498,249% APY*
*Earnings are calculated in a scenario where SAP maintains rebase interest for 365 days.
The Fixed APY
APY is the acronym for Annual Percentage Yield. This measures the real rate of return on your principal token amount by taking into account the effect of compound interest. In the case of Oilz.finance, your $OILZ tokens represent your principal, the compound interest is added periodically on each Epoch (every 15 minutes). Your new principal amount is your then current OILZ token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards. The interesting fact about APY is that your balance will grow over time! For example, with the compound interest of 0,0243%, if you start your balance of one OILZ token on the day one, your balance will be 0,0243% OILZ tokens.
Insurance Fund Valuation – Risk Free Value (RFV)
Risk-Free Value (RFV) is a separate wallet in the Oilz system. Finance plays an important role in the operation of Oilz AutoStake. This wallet raises funds to support and stabilize the liquidity pool, preventing a sharp selloff that might drain the liquidity pool and lead to an extreme drop in the price of the $OILZ token.
RVF uses an algorithm that supports Rebase Rewards and is backed by a portion of the trading fees collected in the RVF wallet: Simply put, rebase rewards distributed every 15 minutes at a rate of 0.0243% supported by RFV parameters to ensure high and stable interest rates for holders $OILZ tokens.
4% of all trading fees are held in the RFV which underpins and supports the betting rewards provided by positive rebase.
11% of purchases and 18% of sales go to the treasury partially supporting the RFV value, to create a base value for the $OILZ token.
IFV Wallet Address: 0x0B5715F93110D6d84c88994865ce9b3787b0AFbe
$OILZ Trading Fee Utility :
- Placement and Utility of $OilZ Trading Fees:
Buy Trading Fees:
LP: 2%
IFV: 4%
Treasury: 2%
Defenders: 3%
Sales Trading Fees:
LP: 5%
IFV: 4%
Treasury: 6%
Defenders: 3%
- Placement
LP — The trading fees used to support the liquidity of the BNB/OilZ pair on PancakeSwap ensure an ever-increasing value of the $OilZ guarantee.
IFV — Trading fees held in the OilZ Insurance Fund that help maintain and support the betting rewards provided by positive rebase.
Treasury — Trading fees that have been entered will go directly to the treasury that supports the IFV which provides the marketing budget for OilZ and funds new product development.
The Defenders — 3% of all $OilZ traded is burned on The Defenders. The more that is traded, the more is put into the fire causing the fire pit to get bigger, bigger through self-fulfilling auto-compounding which in turn reduces the circulating supply of $OilZ and keeps the OilZ protocol stable.
ROADMAP
Q1 2021
Technology consulting
Business Model
Documentation development (website, whitepaper, gitbook)
Creation Phase — Smart Contract
Build Phase — V1 dApp Dashboard
Deployment Phase — Smart Contract — Testnet
Smart Contract Audit
Deployment Phase — Smart Contract Deployment — Mainnet
Deployment Phase — V1 dApp Dashboard
New Partnership Announcement
Awareness Campaign + Rewards
Q2 2022
Fair Launch on Pancakeswap
10 years Locked Unicrypt Liquidity
Unicrypt Token Award
Coinecko Pre-Launch Marketing List
Register Coinmarketcap
Coin Tracker List
List of DappRadar
iOS and Android Mobile Application Development
OilZ.Finance Project
Q3 2022
V2 Dashboard
DeFi Partnership
Cross Chain Integration
Merchandising OILZ
Launch Alpha iOS and Android Version Mobile App
Q4 2022
NFT Collection
NFT OAP Project
Conclusion
$OILZ is the official and native token of Oilz Finance in which interest rebase rewards are paid. The token holder of Oilz automatically get 0.0243% interest every 15 minutes by just holding $OILZ tokens in his own wallet. In order to sustain and back the staking rewards by maintaining price stability and reducing weakness risk, 4 percent of all trading fees are kept in the Oilz Finance Insurance Fund. The treasury functions is the additional financial support for the IFV protect extreme price drop of the $OILZ token by establishing a floor value for the $OILZ token. Oilz Treasury also provides the funding to the new OilZ Finance products and further projects. OilZ as an innovative Auto Staking token, provides users the simplest way to receive staking rewards by just holding $OILZ in wallet. User will need to put slippage of at least at 11% when buying OilZ Tokens while on selling, slippage of at least at 18% is required. The Defenders is the main feature of Oilz Finance which Burns 3% of all $OILZ traded to prevent circulating supply from getting low and offset positive rebase interest printing. The more trading will diffidently get more rewards in terms of Oilz token.
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For information :
Website: https://oilz.finance/
Whitepaper: https://docs.oilz.finance/
Telegram Ann: https://t.me/OilZFinanceAnn
Twitter: https://twitter.com/OilzFinance
Telegram Chat: https://t.me/OilZFinanceChat
Discord: https://discord.gg/v3PQUtyNsf
Reddit: https://www.reddit.com/user/OilZFinance
Author:
Bitcointalk Username: Generasi 90
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=3406442
BSC Address: 0x65CD417611c517Fd3023e443Fd33D99aCE4C627D