Features of OilZ Auto-Staking Protocol (OAP)
There are currently hundreds of cryptocurrencies in the blockchain market, which is likely to grow as less stringent restrictions are in place. Innovators and investors are developing and investing in new and growing projects that they anticipate are highly promising and sustainable. Since the advent of blockchain technology, starting with the Bitcoin Network, we have seen the launch of many cryptocurrency platforms. Some have remained solid over the years, however, a good few have failed to perform above market expectations and projections. Regardless of the high number of projects in the market, new platforms are still being developed, as they believe that they possess certain features and visions that can revitalize the industry. Some innovators see it as a way to improve existing projects and introduce new features to subvert existing projects.
This is what keeps spawning new blockchain projects every year. is Oilz Finance one of the most recent introductions in the crypto market; it is a decentralized finance (DeFi) platform that intends to implement various features that will reshape the operations and processes in the financial system, while improving the services provided to customer.
Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $OilZ tokens on PancakeSwap.
Here is how the OilZ.Finance Auto-Liquidity Engine (OALE) works:
Simple Interest Equation (Principal + Interest)
- A = Total Accrued Amount (principal + interest)
- P = Principal Amount
- I = Interest Amount
- r = Rate of Interest per year in decimal; r = R/100
- R = Rate of Interest per year as a percent; R = r * 100
- t = Time Period involved in months or years
Simple Interest Formulas and Calculations:
- Calculate Total Amount Accrued (Principal + Interest), solve for AA = P(1 + rt)
- Calculate Principal Amount, solve for P P = A / (1 + rt)
- Calculate rate of interest in decimal, solve for r r = (1/t)(A/P - 1)
- Calculate rate of interest in percent R = r * 10
- Compounding Interest in PerpetuityIn order to maintain sustainable growth, we have introduced a Compounding Interest in Perpetuity component which will award $OILZ token holders with continued compound interest in perpetuity.Each Interest Cycle is 15 minutes in length and is referred to as an EPOCH.There are 35,040 EPOCH's in 1 year.EPOCH 1 - 35,040: 0.0243% every EPOCH for First 12 MonthsEPOCH 35,041 - 52,560: 0.00211% every EPOCH for Next 6 monthsEPOCH 52,561 - 245,280: 0.00014% every EPOCH for Next 6.5 YearsEPOCH 245,281: 0.00002% every EPOCH (In Perpetuity until max supply is reached
- OILZ.Finance TokenOILZ Buy & Sell FeesOilZ 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 Fees1. 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. PlacementLP - 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 -
- 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
- Bitcointalk username: BrettHarveyDerek
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3401041
Telegram: @raymondjk
Campaigns: Article; youtube
wallet : 0x1dFe073914828d76c163860812628722C3804630
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