INTRODUCTION
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.Finance
Project Overview
Oilz.Finance: Optimization Income Lasting Smart
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.
How Does Auto-Staking Features Work?
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%.
Insurance Fund Valuation - Risk-Free Value (RFV)
Risk-Free Value (RFV) is a separate wallet in Oilz.Finance system plays an important in the Oilz AutoStake operation. This wallet collects funds to support and stabilize the liquidity pool, preventing the sharp sell-off that might drain the liquidity pool and lead to the extreme price drop of the $OILZ token.
The RVF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the trading fees that accrue in the RVF wallet: In simple terms, the rebase rewards which are distributed every 15 minutes at a rate of 0,0243% are backed by the RFV parameter to ensure a high and stable interest rate to $OILZ token holders.
4% of all trading fees are stored in the RFV which sustains and backs the staking rewards provided by the positive rebase.
11% of the buys and 18% of the sales go to the treasury which partially supports the RFV value, to create a floor value for the $OILZ token.
IFV Wallet address: 0x0B5715F93110D6d84c88994865ce9b3787b0AFbe
The Treasury
The Treasury plays a very important role in OilZ's OAP protocol. It provides three extremely critical functions for the growth and sustainability of OilZ.Finance.
The treasury functions as additional financial support for the IFV. This additional support can become important in the event of an extreme price drop of the $OilZ token or unforeseen black-swan event. It helps to establish a floor value for the $OilZ token.
The treasury is also used to fund new OilZ.Finance products, services, and projects that will expand and build up the OAP use cases and OilZ.Fanance economy.
Additionally, the treasury provides funding for marketing OilZ.Finance and developing the OilZ.Finance platform.
Treasury Wallet: 0xA71A95f60bbb3bC267139A466c0B7Ea6cbe68C8C
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, reducing the circulating supply and keeping the OilZ protocol stable.
The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each $OilZ token, therefore increasing the individual value.
The Defenders Address: 0xB171666D2b193D2099030277F4eB94016cab3854
Token Information Of Oilz Finance:
- Name Token: Oilz Finance
- Token Symbol: OILZ
- Blockchain: BSC
- Total Supply: 325,000
- Contract: 0x1695f45e7A66f9404718543143813E09EFB316D1
$OILZ is the native token that offers interest rebase incentives along with other perks. Every 15 minutes, every token holder receives 0.0243 percent interest for merely maintaining their $OILZ tokens in their own wallet! You can buy $OILZ tokens it’s available on [DEX/CEX]
OILZ.Finance Auto-Liquidity Engine ( OALE )
Market Liquidity is of utmost importance and plays a vital role in allowing the buy & sell of $OilZ tokens on PancakeSwap.
In layman's terms, think of Liquidity as a big pool of money that is split 50/50 between $OilZ tokens VS $BNB tokens. There is a conversion ratio that is set to the amount of $OilZ you can get with BNB, for example: 1 BNB = 89.86 OilZ.
When somebody buys OilZ, the price per OilZ will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sells.
Liquidity allows for anybody to buy & sell their OilZ/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our OilZ.Finance Auto-Liquidity Engine (OALE) does, is add more liquidity to that pool by itself and therefore solving that issue.
Here is how the OilZ.Finance Auto-Liquidity Engine (OALE) works:
The remaining 50% of OilZ in the Auto-LP wallet will be used for the OilZ side of liquidity, therefore giving equal an 50/50 weighting of OilZ/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.
The OALE will do this every 48 hours by adding more and more liquidity to the pool which will allow $OilZ token holders to easily sell their tokens at any time with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of OilZ.
MAR 18, 2022: Please note the above wording has been corrected with the addition of the 22:52:48 timestamp.
The Fixed APY
APY is the acronym for Annual Percentage Yield. This measures the real rate of return on your principal token amount by taking into account the effect of compound interest. In the case of Oilz.finance, your $OILZ tokens represent your principal, the compound interest is added periodically on each Epoch (every 15 minutes). Your new principal amount is your then current OILZ token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
The interesting fact about APY is that your balance will grow over time! For example, with the compound interest of 0,0243%, if you start your balance of one OILZ token on the day one, your balance will be 0,0243% OILZ tokens.
How The APY Is Calculated?
Simple Interest Formulas and Calculations:
A = the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
The accrued amount of an investment is the original principal P plus the accumulated simple interest, I = Prt, therefore we have:
A = P + I = P + (Prt), and finally A = P(1 + rt)
Calculate Total Amount Accrued (Principal + Interest), solve for A A = 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 * 100
Calculate time, solve for t t = (1/r)(A/P - 1)
Compounding Interest in Perpetuity
In 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 Months
EPOCH 35,041 - 52,560: 0.00211% every EPOCH for Next 6 months
EPOCH 52,561 - 245,280: 0.00014% every EPOCH for Next 6.5 Years
EPOCH 245,281: 0.00002% every EPOCH (In Perpetuity until max supply is reached)
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
1. 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. 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.
The Audited
We distinguish ourselves from all other projects. Certirk has joined us as a partner, and they are conducting the most objective evaluation possible based on each component of the project.
OilZ.Finance Platform – Prized Linked Accumulating Yield Project
The OilZ.Finance team is focused on bringing new and exciting projects that utilize OAP and the latest and best methods for generating rewards for $OilZ token holders.
Our second project following the revolutionary OilZ Auto-staking and Auto-compounding token is OilZ.Finance Platform for Prized Linked Accumulating Yield, an easy and fun contest for $OilZ token holders. This project is proven as being a revolutionary way to get people to save more of the money they earn.
How to use
Participants deposit their $OilZ tokens into OilZ.Finance Platform for a chance to win a prize of more $OilZ using the OilZ V2 app on the website. Simply press the OilZ.Finance Platform button and follow the easy directions. Your tokens never leave your wallet, and you can enter and leave a contest at any time.
OilZ.Finance Platform improves on the PLSA model, because everyone who participates continues to earn $OilZ staking rewards with a different but still very high ratio.
Those who enter more $OilZ have an increased odds of winning the big prize, and once you enter you are automatically entered in every new prize pool until you withdraw your tokens. There is an EARLY EXIT FEE of 10% decreasing for the first 10 days you stay entered. So if you deposit and withdraw the same day, you will pay 10% of the OilZ tokens you deposited to enter the contest. This decreases by 1% over the next ten days
The amount of the prize pool per contest is determined by the amount of $OilZ deposited. More tokens deposited into OilZ.Finance Platform means a higher grand prize!
Winners are determined by random draw with those depositing more $OilZ having a greater odds of winning.
OilZ.Finance Platform is the next step in OilZ providing the best and latest in DeFi. It uses the power of OAP to create another winning project for $OilZ token holders.
How are the Prizes guaranteed?
The prizes are generated through a simple mechanism. When a new participant enters OilZ.Finance the amount deposited will automatically generate interest thanks to the OAP. This interest combined with all other interest generated by the deposits of other participants creates the Grand Prize.
This system is designed to allow participants to win a Grand Prize and participate passively in the prize pool, while keeping safe their deposited funds (which can be withdrawn at any time).
How the Passive Rewards Generated?
OilZ.Finance offers a passive income for all participants.
By depositing $OilZ under a Sponsorship feature, the OAP uses the deposited funds to generate a fixed interest. OilZ.Finance utilizes this interest to passively award all OilZ.Finance participants.
Each participant receives an amount of passive rewards determined by an algorithm that considers the amount of $OilZ deposited by each participant and the total amount of $OilZ in the OilZ.Finance. The more $OilZ deposited, the more passive rewards a participant will receive. Using Tap, these rewards occur in your interface and can be easily withdrawn by clicking the claim rewards button.
Fairness
When users play a game they want it to be fair. Everyone who has contributed to furnish interest to the prizes must be eligible to win, and the prizes need the users' contribution to grow. Interest builds up over time, therefore OilZ protocol needs to measure and enforce the time that funds are held. Without this mechanism, it would be very easy to game the system by depositing right before a prize, having a chance to win, and withdrawing right after.
OilZ.Finance measures the duration of time funds are held by accruing days for each user, and it enforces the holding of the funds by setting a scalable and decreasing early exit fee. Once the early exit fee cycle (10 days) is completed, a user can withdraw the funds instantly with no loss. If the cycle has not been completed, the user can still withdraw, but will pay an early exit fee which contributes to the prize.
Early Exit Fee Cycle Duration: 10 Days. Early Exit Fee = initially 10%, which decreases by 1% every day until it reaches 0% at the end of the 10 days cycle.
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
PRE-LAUNCH SALE
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').
MORE INFORMATION:
Website: https://oilz.finance/
Telegram ann: https://t.me/OilZFinanceAnn
Twitter: https://mobile.twitter.com/OilzFinance
Telegram chat: https://t.me/OilZFinanceChat
Bep 20 addres:
0xB59AE6e51B7eb627A7762d5AAeF2324f98eCaA23
Auhor:jascov
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