OILZ - The native token for which the interest rebase reward is paid
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:
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
- 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% - 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
More information:
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
Writer
Forum Username: Fabulouse
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3409969
BSC wallet address: 0x1782B339d00e837cAf267dA406EdbF676f4100E2