Oilz.Finance: Optimization Income Lasting Smart
introduce
Oilz was born at the perfect time to lead a DeFi revolution with Oilz Automated Service Protocol or OAP, a new financial protocol with more innovations than other products that help easier staking and gives $OILZ token holders the highest stable profit in crypto
OilZ Auto-Staking Protocol (OAP) Features
$OILZ Token
$OILZ is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.0243% interest every 15 minutes just for holding $OILZ tokens in their own wallet!
Auto-Compounding
Paying Auto-Staking and Auto-Compounding Protocol with the highest fixed APY of 498.249% in the crypto space.
Interest rewards are compounded every 15 minutes for every BSC wallet holding any $OILZ tokens
OILZ 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
OILZ Treasury
The treasury functions as additional financial support for the IFV in the event of an extreme price drop of the $OILZ token or unpredictable black swan event.
It helps to establish a floor value for the $OILZ token. Oilz Treasury provides funding to the new OilZ.Finance products, projects, and marketing activities
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 fulfill Auto-Compounding, reducing the circulating supply and keeping the OilZ protocol stable
Insurance Fund Valuation (IFV)
Keeps Holders Protect by:
Achieving the long-term sustainability and future growth of the OilZ Protocol
Greatly reducing the extreme price drop of the $OILZ token
Avoiding flash crash through price stability
How It Works
4% of all trading fees are stored in the OilZ Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase
The Defenders
Burns Token Supply to:
Prevent circulating supply getting out of hand and becoming unmanageable.
Offset positive rebase interest printing.
How It Works
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 fulfill Auto-Compounding, reducing the circulating supply and keeping the OilZ protocol stable
OILZ buying and selling 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
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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