Oilz Finance - Transforming the DeFi space via the Oilz Auto-Staking protocol

in steemit •  3 years ago  (edited)

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

$OILZ . tokens

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

Market Liquidity is very important and plays an important role in enabling the buying & selling of $OilZ tokens on PancakeSwap.

In layman's terms, think of Liquidity as a large pool of money divided 50/50 between $OilZ tokens VS $BNB tokens. There is a conversion rate set to the amount of $OilZ you can get with BNB, for example: 1 BNB = 89.86 OilZ.

OILZ Ecosystem:
Liquidity allows anyone to buy & sell their OilZ/BNB at any time, but the less money/liquidity there is in the pool, the worse the price you get, so what our OilZ.Finance Auto-Liquidity Engine (OALE) does, is adds more liquidity to the pool by itself and hence

This is how the OilZ.Finance Auto-Liquidity Engine (OALE) works

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Every 48 hours at 22:52:48 UTC our OilZ.Finance Auto-Liquidity Engine (OALE) will inject automated liquidity into the market. On every buy order there is a 2% tax fee or a sell order there is a 5% tax fee which is automatically deposited into the Auto-LP wallet and built into the smart contract our protocol is a mechanism that intelligently takes 50% of the amount from OilZ stored in the wallet , and will automatically buy current BNB

WHAT IS CRYPTOCURRENCY?
Cryptocurrency is a type of digital currency. created using the same method as cryptography (the science of hiding information). Cryptocurrencies use ‘decentralized control’, meaning that they are not controlled by a single person or government.
This differs from ‘centralized’ electronic money and central banks. The control of each cryptocurrency works through a distributed ledger (a list of transactions shared by everyone), usually a blockchain, which functions as a database of public financial transactions. #Bitcoin, first released as open source software in 2009, is often referred to as the first decentralized cryptocurrency.
Since then, more than 5,000 cryptocurrencies (sometimes called ‘altcoins’, which is short for alternative coins) have been created.
In most cases, cryptocurrency cannot be converted to real currency; it is only possible to convert it to another cryptocurrency, or use it to buy something.

Fixed staking APY
Oilz.Finance is transforming DeFi space through its unique Oilz Auto-Staking protocol (OAP) that delivers the industry’s highest fixed APY up to 498,249%, rebasing rewards directly into your wallet every 15 minutes
Using the simple buy — hold — earn system and a sustainable fixed compound interest model, Oilz. Finance grows fast and easily your tokens without moving your assets from your wallet
Whitepaper Audit
ʻʻAll OilZ holders are rewarded with automatic compound interest which is 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
of $OILZ at 498,249% APY*
*Earnings are calculated in a scenario where the SAP sustains the rebase interest for 365 days.
Launch OILZ App
OilZ Auto-Staking Protocol (OAP) Features
$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!

Auto-Compounding
Paying Auto-Staking and Auto-Compounding Protocol with Forum username: Doogylloj
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3446225
Participating Campaigns: Article,video
BSC Wallet Address: 0xaaa4423611FB1bDdFc4043679fF6A86D3d82fd9D highest fixed APY of 498,249% in the crypto space.
Interest rewards are compounded every 15 minutes for every BSC wallet holding any $OILZ tokens
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

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

Insurance Fund Valuation (IFV)
Keeps Holders Protect by:
Achieving the long-term sustainability and future growth of the OilZ Protocol
Greatly reducing the extreme price drop of the $OILZ token
Avoiding flash crash through price stability
How It Works
4% of all trading fees are stored in the OilZ Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase

The Defenders
Burns Token Supply to:
Prevent circulating supply getting out of hand and becoming unmanageable.
Offset positive rebase interest printing.

How It Works
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

The OilZ.Finance Platform Dashboard
Updates and Improvements Defi 2.0

Web: https://oilz.finance/
Tele Channel: https://t.me/OilZFinanceAnn Tele Chat: https://t.me/OilZFinanceChat Twitter: https://twitter.com/OilzFinance Discord: https://discord.gg/v3PQUtyNsf
Reddit: https://www.reddit.com/user/OilZFinance

author: sky light
Profile: https://bitcointalk.org/index.php?action=profile;u=1415220
Bep20: 0xb2895EB018Fec2B37520e4694d33dB66653C60a0

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