Review OILZ project

 

INTRODUCTION


WHAT IS CRYPTOCURRENCY?

Cryptocurrency is a type of digital currency. created using the same method as cryptography (the science of hiding information). Cryptocurrencies use ‘decentralized control’, meaning that they are not controlled by a single person or government.

This differs from 'centralized’ electronic money and central banks. The control of each cryptocurrency works through a distributed ledger (a list of transactions shared by everyone), usually a blockchain, which functions as a database of public financial transactions. #Bitcoin, first released as open source software in 2009, is often referred to as the first decentralized cryptocurrency.

Since then, more than 5,000 cryptocurrencies (sometimes called 'altcoins’, which is short for alternative coins) have been created.

In most cases, cryptocurrency cannot be converted to real currency; it is only possible to convert it to another cryptocurrency, or use it to buy something.


Fixed staking APY

Oilz.Finance is transforming DeFi space through its unique Oilz Auto-Staking protocol (OAP) that delivers the industry’s highest fixed APY up to 498,249%, rebasing rewards directly into your wallet every 15 minutes

Using the simple buy – hold – earn system and a sustainable fixed compound interest model, Oilz. Finance grows fast and easily your tokens without moving your assets from your wallet

Whitepaper Audit

ʻʻAll OilZ holders are rewarded with automatic compound interest which is paid every 15 minutesʼʼ

How much can I earn?

At the end of the year and with $1,000 USD of $OILZ invested.

You can earn up to

498,249,000 USD

of $OILZ at 498,249% APY*

*Earnings are calculated in a scenario where the SAP sustains the rebase interest for 365 days.

Launch OILZ App 

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 Forum username: Doogylloj

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3446225

Participating Campaigns: Article,video

BSC Wallet Address: 0xaaa4423611FB1bDdFc4043679fF6A86D3d82fd9D 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 unforeseen 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 fulfilling 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 fulfilling Auto-Compounding, reducing the circulating supply and keeping the OilZ protocol stable



For information :

Website: https://oilz.finance/

Telegram ann: https://t.me/OilZFinanceAnn

Twitter: https://mobile.twitter.com/OilzFinance

Telegram chat: https://t.me/OilZFinanceChat

Author
Forum Username: Edykwan88
BSC Wallet Address: 0xd011823B4d42f0b0A88f689cF3211eCD8A9418E8

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