OilZ Finance its digital attributes, superior security,
discussing a project called Coin.
OilZ Protocol
Be careful not to read it later you will regret it. I think the OilZ Protocol project is very interesting, why? because it has a very helpful concept for investors with a fundamentally new format with developed infrastructure and complex advanced tools for crypto investment protection.
Cryptocurrencies and blockchain are ideal ways for metaverse payments because
its digital attributes, superior security,
and the ability to verify on an immutable ledger.
The OAP treasury is a very interesting topic that deserves a whole blog post on its own. It could also be a single chapter in the niche book that I plan to write one day called “How to be an expert in everything”. Since I’m a bit rushed with time though and decided to just cover it briefly in this post, I will probably do a separate article about it. The easiest way to earn interest payments directly into your wallet as a cryptocurrency investor, OilZ.finance recommends that all potential investors the opportunity to participate in their ongoing ICO. This unique web-based software system can provide staking rewards for you regardless of whether you are actively using your computer or not, providing ease of use for even the most novice crypto trader.
What Is Oilz AutoStake?
Oilz AutoStake is a cutting-edge feature called Buy-Hold-Earn that provides users with convenient, continuous earnings. You don’t have to do anything except buy and hold $OILZ in your wallet — Rebase Rewards are automatically generated when they reach a certain threshold in your wallet. You will receive rebase rewards as interest payments directly into your wallet. Just like how banks give you interest on deposits, our automatic profit sharing mechanism will work in much of the same way. At Oilz Finance Corp., we call it rebase which means interest or earning additional money on top of what you already have just by holding a digital asset in your account or a smart contract.
OilZ BEP20 Smart Contract :
0x1695f45e7A66f9404718543143813E09EFB316D1
How Does It Work?
In short, $OILZ holders are able to earn rebase rewards simply by holding their tokens in a wallet. However, to ensure that $OILZ token holders get what they deserve, Oilz first started out by creating an BEP20 Binance Smart Chain Contract. Users are then able to send their tokens onto a unique address created on MyEtherWallet where they become locked and cannot be used elsewhere. What users have just done is make an investment into Oilz finance so that they can begin earning rebase rewards as interest payments directly into their wallets!
Understanding Of OilZ.Finance Insurance Fund Valuation (IFV)
The OilZ Insurance Fund is a decentralized reserve of funds that the community can draw on to pay for the long-term sustainability and future growth of the OilZ Protocol. The OilZ Insurance Fund will be used to ensure there are enough assets in the protocol treasury to cover staking rewards generated by the positive rebase. The OilZ Insurance Fund is also designed to add stability to the price of the $OILZ token.
The Reserve is made up of 4% of all trading fees charged by the OilZ Protocol. This money goes into an insurance pool, which unlike other protocols, where all fees eventually get drained and then burned, $OilZ have decided to leave this money untouched and available for use as a backstop for our staking rewards program, as well as a means to avoid flash crashes in price due to unforeseen circumstances. It is important that this token clearly communicate how and when the OilZ Insurance Fund will be used so that everyone who uses and contributes to our protocol knows what is happening with their money, and can be involved in making those decisions.
Most Important Features in OilZ Auto-Staking Protocol (OAP)
First, staking $OILZ Token — The $OILZ token was designed to be the best stable cryptocurrency on the market. As crypto continues to be seen as a more reliable alternative to cash, and Fintech becomes more accepted, this token expect OilZ.Finance will be the top of wallet for all crypto users that embrace this shift in value. There’s never been anything like it in the history of cryptocurrency. $OILZ, the most powerful thing ever invented!
Secondly, The compounding protocol will have an unlimited maximum interest rate. However, it is important to note that the rate of return is subject to substantial risk, and may be limited by market forces in the future. To make sure you can continue earning rewards as long as possible, there is a 15-minute minimum hold time for this compounding protocol. Interest rewards are compounded every 15 minutes for each BSC wallet holding any $OILZ tokens. Each $OILZ token gives access to potentially 498,249% in interest rewards (assuming the $OILZ value triples every 15 minutes). Please do not risk what you cannot afford to lose in trading or staking protocols.
Third, “The Defenders” end goal is to reduce the circulating supply of OilZ to 1 Million OilZ. This is done by burning 3% of all $OILZ traded, the more $OILZ that are traded, the more get put into the fire causing the fire pit to grow in size, larger and larger through self fulfilling Auto-Compounding, causing the circulating supply of OilZ to continue reducing over time. This will cause demand for $OILZ as everyone who has been fighting will want to buy more $OILZ to fight with. The more there are fighters, the more that is traded and therefore increase in value as well as a reduction in circulating supply of OilZ.
OilZ.Finance Have Wallet Named Is RFV Wallet
The risk-free value (RFV) is a key parameter in the Oilz.Finance system and plays an important role in the $OILZ token. The RFV uses an algorithm that backs the Rebase Rewards and is supported by a portion of the trading fees that accrue in the RVF wallet: 4% of all trading fees are stored in the RFV which sustains and backs the staking rewards provided by the positive rebase. 11% of the buys and 18% of the sales go to the treasury which partially supports the RFV value, to create a floor value for the $OILZ token.
In simple terms, 11% of all buys and 18% of all sales are taken from users to stabilize liquidity and prevent price manipulation. These funds are used to sustainably back the rebase rewards which are distributed every 15 minutes at a rate of 0,0243%. This ensures a high and stable interest rate for $OILZ token holders.
The RVF wallet is important because it prevents extreme price drops from draining liquidity from Uniswap, as happens with most tokens with a high APY (annual percentage yield), thus ensuring no extreme pump & dump scenarios can be played out on Oilz.Finance system.
Utility of $OILZ Trading Fees
The trading fees are here to support the DeFi Investors Fund Vault (IFV). The IFV will be a fund used to invest in DeFi projects within the OilZ Finance Platform.
Buy $OILZ Trading Fees:
LP: 2%
IFV: 4%
Treasury: 2%
The Defenders: 3%
Sell Trading Fees:
LP: 5%
IFV: 4%
Treasury: 6%
The Defenders: 3%
OilZ.Finance
ROADMAP
Q1 2021
Technology consulting
Business Model
Documentation development (website, whitepaper, gitbook)
Build Phase Smart Contract
Build Phase dApp V1 Dashboard
Deployment Phase Smart Contract — Testnet
Smart Contract Audit
Deployment Phase Smart Contract Deployment Mainnet
Deployment Phase dApp V1 Dashboard
New Partnerships Announcement
Awareness + Bounty Campaigns
Q2 2022
Fair Launch on Pancakeswap
Unicrypt Liquidity Locked 10 years
Unicrypt Token Vesting
Pre-Launch Marketing Coingecko Listing
Coinmarketcap Listing
Coin Trackers Listing
DappRadar Listing
Development Mobile Application iOS and Android
OilZ.Finance Project
Q3 2022
Dashboard V2
Partnership DeFi
Cross-Chain Integration
OILZ Merchandising
Launch Alpha Version Mobile Application iOS and Android
Q4 2022
NFT Collections
NFT O.A.P. Project
$OILZ — PRESALE
PancakeSwap Listing: After our initial Pre-Launch funding has completed we will go to market by creating the $OILZ/BNB liquidity pair within 2 hours.
Pre Launch funds will be used to create the PancakeSwap $OILZ/BNB liquidity pair. This liquidity will be locked for 10 years via trusted locked liquidity platform [name of platform]
Pre-Launch Price 1 BNB = 73,6 $OILZ ($5 per OILZ token) Soft Cap: 100 BNB
Pancakeswap Launch: Launch Price: 5$ Initial Market Cap (Estimate)
Conclusion
Releasing OilZ.Finance Platform to the public gives the $OilZ token even more utility and increases the liquidity of OAP. The second release, OilZ V2 will allow people to easily stake their $OilZ tokens within the OilZ.Finance Platform site and also create a new prize pool for winning $OilZ tokens every week. OAP is utilized in this new platform as well as in the original OilZ app to track your progress and is used to determine how many entries you can have into these weekly prize pools.
The goal of this release is to increase the general publics awareness of OilZ. OilZ.Finance are working towards building a community that is passionate about OilZ.Finance goal to save the world through green energy and offsetting Co2 emissions with our blockchain technology.
In the meantime, we hope that you’ve learned more about Oilz.finance, Rebase Rewards, OilZ Auto-Staking, and look forward to working with you in making Oilz.Finance a great place to do business. The rebase rewards are already being distributed and now, it’s time for you to be a part of the Oilz.Finance success. If you have questions, and update use useful link below:
Author
Kamzah junior
https://bitcointalk.org/index.php?action=profile;u=2643229
https://bitcointalk.org/index.php?topic=5389895.msg59551064#msg59551064
0x7f7cB67031A1e57a10842a416030f4f264cd810e
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