Trading fees are stored in the OilZ Insurance Fund which helps sustain

 


Introduction

The cryptocurrency market is now valued at more than 2 trillion dollars. This exponential rise demonstrates a rapid demand of crypto goods. In the coming years, it is expected that more than 50 trillion dollars in fiat reserves would be invested in various crypto assets.

However, the crypto space is experiencing chaos in its avalanche of activity and as technology, use cases, ecosystems, tokens and coins evolve on a daily basis, we can only experience unlimited eruptions in these various data point packages. If these data points are not collected properly, they can have a negative impact on the crypto experience for investors and wholesalers alike.

Blockchain technology has had a positive impact on global payment systems and there is a further need for development in this space to simplify and consolidate entire systems. Blockchain technology has a significant influence in the global trade and payment industry.

Oilz Finance protocol claims to be different, none has offered the opportunity for crypto enthusiasts to indirectly invest in startups by just purchasing a coin or token.
Oilz.Finance is a amazing project and it’s so obvious that they prioritize the security and transparency of this project. Their community is getting bigger and bigger everyday. everyone to join and follow the development.

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.

OAP gives the Oilz.Finance token automatic staking and compounding features, and the highest Fixed APY in the market at 498,249% for the first 12 months. Oilz.Finance is a company focused on DeFi innovation that creates benefits and value for Oilz.Finance token holders. Our OAP protocol that is used within the Oilz.Finance token grants exceptional benefits for holders of $OilZ:

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 every 15 minutes.

Features

The Oilz AutoStake feature is a cutting-edge function called the Buy-Hold-Earn system, which provides the ultimate ease of use for $OILZ holders. By simply buying and holding $OILZ 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 Finance makes it possible for token distribution directly proportional to the epoch rebase rewards, worth 0,0243% every 15-minute epoch period of the total amount of $OILZ tokens held in your wallet. The system rebases rewards on each epoch (15 minut rebase period) to all $OILZ holders.

It means that OILZ holders don’t need to move their tokens from their wallet and still receive an annual compound interest of 0,0243%.

Pre-launch

The Pre-Launch on Pinksale will take performance on March 18th, 12:00 UTC Time.

THIS IS THE OFFICIAL PRE-LAUNCH ON PINKSALE LINK:

We will conduct a Fair Launch and follow Fair Launch rules thus everyone can acquire $OILZ tokens in equal way on Pinksale

Fair Launch:

Whitelist — There is no whitelisting required. Everyone will have an equal opportunity to buy $OILZ on Pinksale at release time, at the form of First come, first serve (FCFS). Once our Hardcap is reached, there will be no further available investment at the Pre-Launch rate. You can only buy $OILZ on Pancakeswap upon public market release with the $OILZ/BNB pair.

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]

Pinksale Pre-Launch:

Pre-Launch Price — 1 BNB = 73,6 $OILZ ($5 per OILZ token) Soft Cap: 100 BNB

Hard Cap Minimum purchase Maximum Purchase

Pancakeswap Launch: Launch Price: 5$ Initial Market Cap (Estimate) -

NO TEAM TOKENS — The OilZ Team will NOT hold any tokens. The only tokens owned by the Treasury will be collected via accumulating trading fees. We are committed to the longevity of the project and thus the $OilZ team cannot dump on you.

NO EXTRA MINT OR HIDDEN TOKENS — The $OilZ smart contract has NO ability to mint extra tokens nor can the supply be manually increased or used in an artificial way to change the initial supply by awarding ourselves free tokens. The initial supply is 325,000 tokens only (please see the breakdown above).

NO RUG PULL — Liquidity will be locked for 13.5 years via trusted Unicrypt.Network which cannot be touched or released early. (This means that you as a token holder will ALWAYS have the freedom to buy/sell whenever you like without restrictions or complications — your tokens that you buy are yours and remain in your wallet always and are never ‘locked’).

NO BOTS — All front run and sniper bots will be instantly blocked

OILZ.Finance Token

OILZ Buy & Sell Fees

OilZ buy and sell fees are an important component of the OAP. They provide capital for performing critical functions to the protocol.

Other protocols utilize selling bonds to support the same functions as OilZ fees, but we believe that approach is riskier because if bonds are not purchased, the token can lose its support and spiral downward in price as we have seen with several of these bond based protocols.

Selling bonds also costs token holders. It reduces the amount of APY that can be offered and eliminates the ability to offer a stable APY.

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.

One additional benefit of the high fees is that OilZ is the only token that benefits when Whales dump because the fees collected support $OilZ holders.

Utility of $OILZ Trading Fees

1. Placement and Utility of $OilZ Trading Fees:

Buy Trading Fees:

LP: 2%

IFV: 4%

Treasury: 2%

The Defenders: 3%

Sell Trading Fees:

LP: 5%

IFV: 4%

Treasury: 6%

The Defenders: 3%

2. Placement

LP — Trading fees goes to backing the liquidity of the BNB/OilZ pair on PancakeSwap ensuring an ever-increasing collateral value of $OilZ.

IFV — Trading fees are stored in the OilZ Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

Treasury — Trading fees go directly to the treasury which supports the IFV and provides a marketing budget for OilZ and funds new product development.

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 which in return acts to reduce the circulating supply of $OilZ and keeping the OilZ protocol stable.

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

social media link, follow:

https://oilz.finance/
https://t.me/OilZFinanceAnn
https://t.me/OilZFinanceChat
https://twitter.com/OilzFinance
https://discord.gg/v3PQUtyNsf
https://www.reddit.com/user/OilZFinance

AUTHOR

Forum Username: bimbimabimanyu
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3443739
BSC Wallet Address: 0xDBFC561A3202DeFB76980c5E9dAB98386e0fcEDb

Comments

Post a Comment

Popular posts from this blog

HTC.CASH - іѕ а stablecoin algorithm pegged tо HT оn Heco Chain Ecosytem

Image
  INTRODUCTION Thіѕ іѕ аn innovative stablecoin project thаt іѕ pegged tо HT аnd hаѕ improved іtѕ base protocol. Thіѕ іѕ HTC.CASH - іѕ а stablecoin algorithm pegged tо HT оn Heco Chain, whісh wіll inevitably bе needed tо meet thе growing demand fоr transactions. Some of the bottlenecks of blockchain such as high volatility, high cost of transaction, speed of transaction, difficult understanding or hard to use cases, which for ages have been undermining the mainstream adoption of cryptocurrency is being addressed by projects such as HT Anchor Cash (Rab) governed by the advanced Huobi Ecological Chain (HECO) designed for speed, efficiency, cost effectiveness, and anti inflation algirithm. About HTCCASH?  Huobi Token (HT) is the basic asset on the Huobi Ecological Chain (HECO), and with the continuous development of the HECO ecosystem, a digital asset that pegged to HT will inevitably be needed to meet the growing demand for transactions. On the one hand, the transaction is completed on H
Read more

REVIEW CRYPTO STAKE ONLINE GAMBLING

Image
Cryptocurrencies, or digital assets as many people call them, are slowly but surely becoming more mainstream. Online gambling is one of the industries that is starting to embrace cryptocurrencies as a method of banking, which makes a lot of sense considering the various benefits they offer. On the one hand, there has been a recent increase in cryptocurrency based betting services to meet the demands of the market that prefers its use over fiat currencies. Despite their popularity, these escrow services follow the unprofitable trend of using cryptocurrencies centrally, creating counterparty risk that did not exist before. This happens because users entrust their cryptocurrency holdings to services that are vulnerable to hacking and do little to help victims of theft. We propose a sports betting exchange that solves this problem through decentralization, eliminating the central point of failure to allow the use of cryptocurrencies without counterparty risk. and the project I mean is Cryp
Read more

Alice in Crypto World NFT Project

Image
Alice in Crypto World #alicincrypto #NFT #NFTdrop #Metaverse #MetaFi #GameFi #NFTProject #ALICE Hello everyone, I’m here again to give a good review about a good project with great team. As you have known earlier before now, my review is always based on good, great project that will benefit every investors and community member. This is another outstanding project which is different from every other existing project of its kind. I know you must have been wondering and asking yourself right now which project caught my attention, which project really worth this great review. Now have a seat and read through the whole write up line by line. Before I go into full details of the project I would like to give simple information about the backbone of this project which is Blockchain technology. Blockchain technology is a ledger where all crypto-currency transaction are recorded and kept. Transactions have recorded improvement over the years through the introduction of blockchain techno
Read more