OilZ Auto-Staking Protocol (OAP) Features
Decentralized finance (commonly known as DeFi) is a form of blockchain-based finance that does not depend on central financial intermediaries such as brokers, exchanges, or banks to provide financial services. traditional financial instruments, but instead use smart contracts on the blockchain.
The DeFi platform allows anyone to lend or borrow from others, speculate on price movements on a wide range of assets using derivatives, trade cryptocurrencies, hedge against risk, and Earn interest in savings-like accounts. DeFi uses a layered architecture and highly composable building blocks. Introducing Oilz.Finance--- A new revolution in the Defi space.
How does Auto Stamp work?
The Oilz AutoStake feature is an advanced function called the Buy-Hold-Earn system that offers maximum ease of use to $OILZ holders. Just buy and hold $OILZ in your wallet, you will earn rebase rewards as interest payments directly to your wallet. Your tokens will increase every 15 minutes.
By using the Positive Rebase formula, OILZ Finance helps to distribute tokens proportional to the reward of the epoch rebase, worth 0.0243% every 15 minutes of the total $OILZ tokens held in the wallet. Friend. The system will refund per epoch (15 min rebase time) to all $OILZ holders.
That means $OILZ holders don't need to move their tokens from their wallets and still get an annual compound interest of 0.0243%.
OILZ.Finance Token
OILZ Buy & Sell Fee
OilZ buy and sell fees are an important component of OAP. They provide capital to perform important functions of the protocol.
Other protocols use bond sales to support similar functions to the OilZ fee, but we believe that approach is riskier because if the bond is not purchased, the token could lose support. and spiral downwards as we've seen with some of these bond-based protocols.
Selling bonds also costs token holders fees. It reduces the amount of APY that can be provided and removes the possibility of providing a stable APY.
The premium (11% buy and 18% sell) allows OilZ to offer $OilZ holders a consistently high yield of 498.249% annually.
An added benefit of the high fees is that OilZ is the only token that benefits when Whale dumps because the fees collected support $OilZ holders.
Utility of $OILZ Transaction Fee
1. Location and Usage of $ OilZ Transaction Fee:
Purchase transaction fee:
LP: 2%
IFV: 4%
Treasury: 2%
Defender: 3%
Selling Transaction Fee:
LP: 5%
IFV: 4%
Treasury: 6%
Defender: 3%
2. Location
LP - Trading fees will support the liquidity of the BNB/OilZ pair on PancakeSwap, securing the growing collateral value of $OilZ.
IFV - Transaction fees stored in the OilZ Insurance Fund help maintain and support the staking rewards provided by the active base system.
Treasury - Transaction fees go directly to the treasury that supports the IFV and provides marketing budgets for OilZ and funds new product development.
The Defenders - 3% of all $OilZ traded is burned in The Defenders. The more it is traded, the more it is put into the fire causing the fire pit to grow in size, getting bigger and bigger through the automatic execution of automatic matching, which in turn reduces the circulating supply of $OilZ and keep the OilZ protocol stable.
OILZ.Fiance . Platform
OilZ.Finance Platform - Highly rated Affiliated Profit Accumulation Project
The OilZ.Finance team is focused on providing new and exciting projects using OAP as well as the latest and greatest methods of generating rewards for $OilZ token holders.
Our second project after OilZ's revolutionary auto-staking and auto-matching token is OilZ.Finance Platform for Prized Linked Accumulation, an easy and fun contest for holders $OilZ token. This project is proving to be a revolutionary way to help people save more than they earn.
Using
Participants deposit their $OilZ tokens into the OilZ.Finance Platform for a chance to win prizes worth more than $OilZ using the OilZ V2 app on the site. Just hit the OilZ.Finance Platform button and follow the easy instructions. Your tokens never leave your wallet and you can join and leave the contest at any time.
The OilZ.Finance platform improves on the PLSA model, as every participant continues to earn $OilZ staking rewards at a different but still very high rate.
Those who enter more $OilZ will have a higher chance of winning the big prize and when you join you will automatically be entered into every new prize pool until you withdraw your tokens. There is an EARLY EXIT FEET 10% off for the first 10 days of your stay. So, if you deposit and withdraw on the same day, you will pay 10% of the OilZ tokens you deposited to enter the contest. This number drops 1% in the next ten days
The amount of the prize pool for each contest is determined by the amount of $OilZ deposited. More tokens deposited into OilZ.Finance Platform means bigger prizes!
Winners are determined by random draw with those who deposit more $OilZ will have a higher win rate.
OilZ.Finance Platform is the next step in OilZ offering the best and latest in DeFi. It uses the power of OAP to create another winning project for $OilZ token holders.
How is the prize guaranteed?
The prizes are generated through a simple mechanism. When a new participant joins OilZ.Finance, the deposited amount automatically generates interest thanks to OAP. This interest combined with all other gains due to deposits of other participants creates the Grand Prize.
This system is designed to allow participants to win the Grand Prize and passively participate in the prize pool, while keeping their deposited funds safe (which can be withdrawn at any time).
How are passive rewards generated?
OilZ.Finance offers passive income to all participants.
By depositing $OilZ under the Funding feature, OAP uses the deposited amount to generate a fixed return. OilZ.Finance uses this interest to passively reward all OilZ.Finance participants.
Each participant receives a passive reward amount determined by an algorithm that considers the amount of $OilZ deposited by each participant and the total amount of $OilZ in OilZ.Finance. The more $OilZ deposit, the more passive rewards participants get. Using Tap, these bonuses appear in your interface and can be easily withdrawn by clicking the claim bonus button.
Fair
When users play a game, they want it to be fair. Everyone who contributed to provide interest on the prize must be eligible to win and the prize needs user contributions to grow. Interest accumulates over time, so the OilZ protocol needs to measure and enforce how long funds are held. Without this mechanism, the system would be very easy to play the game by making a deposit right before the prize was opened, with a chance to win and withdraw immediately after.
OilZ.Finance measures how long a time fund is held in cumulative days for each user, and it enforces holdings by setting a scalable and diminishing early exit fee. After completing the early exit fee cycle (10 days), users can withdraw their funds immediately with no loss. If the cycle has not been completed, the user can still withdraw, but will pay an early exit fee to contribute to the prize pool.
Early exit fee cycle duration: 10 days. Early exit fee = 10% initially, decreasing 1% per day until reaching 0% at the end of 10 day cycle.
Web: https://oilz.finance/
Tele Channel: https://t.me/OilZFinanceAnn
Tele Chat: https://t.me/OilZFinanceChat
Twitter: https://twitter.com/OilzFinance
Discord: https://discord.gg/v3PQUtyNsf
Reddit: https://www.reddit.com/user/OilZFinance
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