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Oils Finance - a new financial protocol with more innovations



INTRODUCTION

The development of cryptocurrencies at this time can no longer be dammed even though many countries are against it, over time many new cryptos have sprung up to date more than 3000 cryptocurrencies on the world market. Along with these developments, many platforms provide cryptocurrency and fiat currency transaction services. A cryptocurrency exchange or cryptocurrency exchange is an online platform where you can exchange one cryptocurrency for another and trade crypto assets. It is an exchange that is like a traditional stock exchange where buyers and sellers trade based on the current market price of the cryptocurrency (with the exchange playing an intermediary).
This type of trading platform generally charges a fee for each transaction. Some of these types of exchanges only deal with cryptocurrencies, others allow users to trade fiat currencies like US dollars for cryptocurrencies like Bitcoin. There are also cryptocurrency exchanges that are run by third parties (they have intermediaries who can do support and fix some issues) and decentralized exchanges or DEXs that mimic traditional exchanges like IDEX (trading is based on smart contracts and is not facilitated through a centralized third party mostly software). ).
In general a centralized exchange will require a lot of info, but will often allow fiat trading, and a DEX exchange will not allow fiat trading, but require less information. Oilz.Finance provides a decentralized financial asset and platform that rewards users with a sustainable, compound interest model through the use of a unique OAP protocol. 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. Above briefly about the benefits provided by the Oilz Finance platform, here I will try to provide further articles about the features and tokens of the Oliz Token platform.

Low Risk with the Oilz.Finance 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.

Easy and Auto Safe Staking — The Oilz.Finance token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. 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.

Interest Yield with Automatic Payments — You need not be worried about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.

Highest Fixed APY — Oilz.Finance pays out at 498,249% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Compounding Interest in Perpetuity period.

Flash Interest Payments — The Oilz.Finance Protocol pays every Oilz.Finance Token holder each and every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.

Auto Token Burn One of the exciting features of the Oilz.Finance Protocol is an automatic token burn system named “The Defenders” which prevents circulating supply getting out of hand and becoming unmanageable. The Defenders burn 3% out of all Oilz.Finance Token market sales and are burned in the same individual transaction.

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
Conclusion

Undoubtedly Oilz Finance_Token A quality and beautiful project. The project will take a much better stage on the initiative of all experienced team members. This will certainly be a successful project as it has a great team that is more than qualified and focused on making this project a success. I have no doubts about this project and it is sure to be a great success. I am actively following project news and I really like the team communication format. Everyone has an obligation to get involved in this project because falling behind on a good quality project like this is just bullshit.

Read More project:
#OILZFINANCE #autostaking #autocompounding #Crypto #investments #investor #moneychallenge #defiyield #Definews #DeFiProject #BSC #DeFi

Author

Forum Username: bibie16
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1816840
Telegram Username: @bibiee16
BEP-20 Wallet Address: 0xd380cC18762eC84E4D9F9bb258E59B8bEb2E5DA5

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