Oilz Finance - is a good blockchain based project for the future

in #bitcoin2 years ago

image.png



overview

Decentralized finance, commonly known as DeFi, has been one of the most impactful and successful waves of blockchain-based innovation.
Driven by their inherent advantages of permissionless composability and open-source development culture, DeFi protocols are constantly evolving and iterating on proven models of finance-based agreements. The DeFi ecosystem is moving at lightning speed – in recent months, an increasing movement of liquidity-focused DeFi projects has spawned a new wave of DeFi innovation.

In short: DeFi is massive and expanding by the day. Its expansion in recent years has brought with it the advent of new technologies and better ways of managing finances: new ways of financing projects, borrowing, lending, betting, investing; The possibilities are endless. However, DeFi's rapid growth has exposed some inherent problems in the industry. Investors around the world are chasing low-risk, high-yield returns in a booming wave within the decentralized finance (DeFi) tech sector, noting that cryptocurrencies in general are opening up new opportunities across the financial industry.

By far, DeFi is poised to become the easiest and most agreed-upon way to put your money to work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high interest rates that most thought found unattainable .

OilZ Finance developers have launched the OilZ Autostaking Protocol (OAP), a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable compound interest model through the use of its unique proprietary protocol.

POSTS LIKES FOLLOW ARCHIVE

Oilz.Finance was born at the perfect time to lead a DeFi revolution with the Oilz Automated Service Protocol or OAP, a new financial protocol with more innovations than other products, making staking easier and giving $OILZ token holders the highest stable profit in crypto offers.

Oilz.Finance provides a decentralized financial asset and platform that rewards users with a sustainable, fixed-interest model by using their unique OAP protocol.

The Oilz Auto-Staking Protocol (OAP for short) is a new financial protocol that makes staking easier and more efficient, granting $OilZ token holders the highest stable returns in crypto.

OILZ-Token

OILZ is the native token that pays interest rate rebase rewards. Every token holder automatically earns 0.0243% interest every 15 minutes just for holding $OILZ tokens in their own wallet!

OILZ insurance fund valuation (IFV)

4% of all trading fees are stored in the Oilz.Finance Insurance Fund, which helps maintain and safeguard stake rewards by maintaining price stability and greatly reducing downside risk

The OAP uses a complex set of factors to support its price and 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 constant 0.02355% rebase rate distributed to all $OilZ token holders is paid.

OILZ Treasury

The treasury acts as additional financial support for the IFV in the event of an extreme price drop of the $OILZ token or an unforeseen black swan event.

It helps to set a minimum value for the $OILZ token. Oilz Treasury finances OilZ.Finance's new products, projects and marketing activities

The Defenders
3% of all $OILZ traded are burned in The Defenders.

The more traded, the more thrown into the fire, causing the fire pit to grow bigger and bigger through self-fulfilling auto-compounding, reducing the circulating supply and keeping the OilZ protocol stable



image.png



Oilz Finance - Top Paying Auto Staking Auto Compounding Protocol

What is OilZ Finance?

OilZ offers a decentralized financial asset that rewards users with a sustainable, fixed-interest model through the use of its unique proprietary OAP protocol. OilZ offers the industry's highest fixed APY, paid every 15 minutes or 96 times per day, and a simple buy-hold-earn system that will grow your $OilZ portfolio in your wallet at lightning speed.

Features of OilZ

OilZ Autostaking Protocol (OAP) – Highest Fixed APY – OAP offers token holders simplicity, security and a consistent fixed high return of 498,249% APY from their stake. It is used in the OilZ token.
Low Risk - Oilz.Finance Insurance Fund Valuation (IFV) - 4% of all trading fees are stored in the Oilz.Finance Insurance Fund, helping to maintain and hedge stake rewards by maintaining price stability and greatly reducing downside risk.

Staking - Simple and Secure - The OilZ token always stays in your wallet, it doesn't need to be placed in the hands of a third party or central authority. All you have to do is Buy & Hold as you will automatically receive rewards in your own wallet, eliminating the need for complicated staking processes at all.
Interest Earnings - Automatic Payments - No need to worry about re-staking your tokens. Interest income is paid out automatically and earns interest in your own wallet, so you are guaranteed not to miss a payment.
Highest Firm APY – OilZ is paying out 498,249% in the first 12 months, which rivals anything in the DeFi arena to date.

Fast Interest Payments – The OilZ protocol pays each OilZ token holder every 15 minutes or 96 times a day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn (Defenders) – One of the exciting features of the Oilz.Finance protocol is an automatic token burn system called “The Defenders” that prevents the circulating supply from spiraling out of control and becoming uncontrollable. Defenders burn 3% of all Oilz. Financial token market sales are burned in the same single transaction.

How does auto staking work?

The OAP Auto-Stake feature is a simple yet cutting-edge feature called Buy-Hold-Earn that offers $OilZ holders the ultimate ease of use.
Buy-Hold-Earn – By simply buying a $OilZ token and holding it in your wallet, you will receive rebase rewards as interest payments straight to your wallet. Your tokens will increase every 15 minutes.
Using a positive rebase formula, OilZ allows the token distribution to be paid in direct proportion to the epoch rebase rewards worth 0.02355% every 15 minutes of the epoch period of the total amount of $OilZ tokens in your wallet. Rebase rewards will be distributed to all $OilZ owners in each EPOCH (15 minute rebase period).
This means that without removing their tokens from their wallets, OilZ holders will earn 498,249% annual compound interest for Year 1.

How do they provide such a high APY?

OilZ's buying and selling fees are an important part of the OAP. They provide capital to perform critical functions for the protocol. The level of fees (11% for purchases and 18% for sales) allows OilZ to offer $OilZ holders a stable high return of 498,249% annually.

Conclusion

OilZ is a defi protocol designed to outperform Bitcoin by paying regular compound interest to all OilZ token holders of up to 498,249% each year with a 100% execution guarantee. There aren't many guarantees in this world, especially when it comes to financing, but OilZ sure is.
What sets OilZ apart from others is its elegant architectural design, where all interest rate cycles are predetermined and hard-coded into the programming of the OilZ protocol itself. Basically, EPOCH cycles are pre-set, and since they are written into the blockchain smart contract, it is completely impossible for cycle or interest payments to be altered or added to. Investors earn up to 0.02355% interest every 15 minutes, paid in each interest rate cycle. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain and fully decentralized to ensure safety and security.

Read more here
Website:  https://oilz.finance/
Twitter:  https://twitter.com/OilzFinance/
Telegram:  https://t.me/OilZFinanceChat
Discord:  https://discord.com/invite/v3PQUtyNsf
Reddit:  https://www.reddit.com/user/OilZFinance


AUTHOR:

Username : Antonigrock

My Profile Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3136765

BSC ADDRESS : 0x38B476EC05E1e228611E5b76569D71A47fc7d6b7

Telegram User Name : @Sessiaw

Coin Marketplace

STEEM 0.27
TRX 0.11
JST 0.030
BTC 68621.95
ETH 3745.88
USDT 1.00
SBD 3.43