$OILZ – A Deflationary Token With A Burn/Rebase Mechanism And A Decentralized Pool Auto Staking

Introduction

One of the more encouraging signs for the cryptocurrency industry is how widely tokens are used. Most blockchain projects have a token of their own, while even leading companies in the space — such as Binance and Waves — have their own crypto tokens. Tokens can be used to make various transactions on crypto platforms, including making changes to one’s account profile, paying for transactions, or obtaining other products and services. However, if a platform becomes vulnerable to hacks or losses, even to a hack that transfers tokens out of that particular platform – these tokens will have very little value since they become almost unusable. That’s why decentralization is so important for creating blockchain ledgers that are truly long-lasting. Now, the Oilz decentralized financial platform is bringing this concept to the market by integrating both smart contracts and mobile wallets into its stablecoin ecosystem. In doing so, it is fundamentally changing the way value is both transferred and stored in token form.

Know About OilZ.finance

OilZ.finance is a decentralized finance (DeFi) project that focuses on the OilZ BEP20 token. It allows investors to earn more money by lending their tokens out to other traders, who can then use them to speculate on the price of $OILZ. OilZ.finance will provide liquidity for $OILZ, as well as other oil and gas tokens, through automated liquidity pools (ALPs). Users will be able to convert their $OILZ into other assets via these ALPs and enjoy the benefits of decentralized exchanges (DEXs) in addition to earning rewards from providing liquidity to these pools. With this project, OilZ token holders will be able to swap their coins at any time.

How APY Tokens Work On Oilz.finance

OilZ.finance is a deflationary token with a burn/rebase mechanism. The new Oilz tokens are created every 15 minutes and distributed to token holders proportional to their share of the total supply. The amount of tokens distributed on each rebase is equal to the total supply multiplied by the rebase factor, which starts at 0,1% and increases by 0,1% on each subsequent rebase until it reaches 4,0%. When you send tokens or swap them on PancakeSwap, 10% of the transaction value gets burned from existance and 2,5% of the transaction value is instantly redistributed to all token holders. When you stake your OILZ tokens in a pool, additional 2,5% of your staked balance gets burned from existance and up to 1,200 OILZ tokens per day are distributed among pool stakers proportional to their stake.

Let’s take a closer look at the mechanics of AutoStake of $OilZ Token

For $OILZ holders, the AutoStake feature is a revolutionary Buy-Hold-Earn method that enables them to stake their coins with the utmost convenience at no additional cost. Simply by purchasing and storing $OILZ in your wallet, you will receive rebase incentives in the form of interest payments that are sent straight into your wallet. In order to ensure that all $OILZ holders get their rewards at the same time, the system rebases them every epoch (15 minute rebase period). Essentially, it eliminates the need for $OILZ holders to transfer their tokens from their wallets while maintaining the same 0.0243 percent yearly compound interest rate.

You can get rewards by holding $OILZ tokens: It is possible to pay transaction fees in our eco-community using the decentralized digital money $OILZ. If you keep the token in your wallet, you'll earn a daily interest rate. The interest on your crypto assets may be sent to your wallet every 15 minutes in $OILZ tokens at a rate of 0.0243 percent. There are no strings attached and it's completely secure!

Two-thirds of the Staking As A Service (SAAS) Protocol: OILZ is the first currency in the world that combine auto-staking with compounding. When you use this option, you may automatically stake as much coins as you desire every 15 minutes and get daily compoundings in exchange for the interest you earn. The interest you earn is equal to 498,249 percent of the money you put in.

Fund for Oilz Finance's Insurance: Staking incentives on OilZ.Finance may be adjusted in accordance with market circumstances because of our community governance system. Even during a bad market, we will be able to alter staking incentives such that they may continue to be profitable. This fund, which is made up of 4% of all trading costs, will be used to purchase back Oilz at market value and promptly destroyed.

The $OILZ Defenders: The Autonomous Decentralized Organization (DAO) - As a decentralized autonomous organization (DAO), the Defenders are controlled solely by its members. For the time being, its DAO treasury is a flaming pit full with $OILZ. This treasury gives the OilZ community a say in how the monies are used. The $OILZ is the unit of trade for OilZ, which is used by the Defenders to power their ships. Auto-Compounding increases the size of the fire pit when 3% of all $OILZ exchanged goes into The Defenders. This is critical to the stability and predictability of the OilZ procedure. Burning all of the $OILZ transacted on the OilZ platform is the only way to accomplish this objective.

$OilZ Token is native from OilZ.Finance

By using Binance Smart Chain (BSC) automatic liquidity injection, $OILZ is the first BEP20 token on Binance's BSC network to provide increased value to its token holders. This is accomplished via the use of an Auto-Liquidity Engine (OALE), which continuously adds liquidity to the OilZ/BNB market. DeFi's exorbitant costs, poor rates and incentives, and significant volatility may all be alleviated by using OAP instead of DeFi. Because of the active deflationary dynamics of the OAP protocol, it not only addresses these problems but also allows anybody to design their own OAP-based token without the need for any programming expertise or experience.

Pre-sale of $OilZ Tokens

Once Pinksale launches $Oilz on March 18th, the token will be available for purchase via a direct listing on PancakeSwap. This means that anyone can buy $Oilz tokens during the Pinksale launch and $Oilz will follow the rules as laid down by the community. When it is published, Pancakeswap only accepts the $OILZ/BNB pair.

• Pre-Launch Date: March 18th
• 100 BNB = 73,6 $OILZ
• PancakeSwap is a smart swapping platform of $OILZ
• Register on Pinksale
• Receive $OILZ tokens

Pinksale's unique Auto-Staking feature enables customers to automatically acquire $OILZ tokens with their BNB. Any Pinksale customer can be auto-staked at any time, by simply having your BNB in your wallet. The Auto-Stake function is not just for those who want to hold onto the OilZ token. It can also be used by anyone looking to become a $OILZ token holder, even by those who are interested in purchasing the token on Pancakeswap or other third-party exchanges.

In summary, OilZ.finance team worked hard to improve the blockchain system so it could be used by customers of the OilZ Protocol and their partners. Now, the protocol has a platform that enables trading between BNB and OILZ tokens. This means that those who buy in early are part of a unique system where they'll now have easy liquidity other than going on an exchange. A revolutionary insurance and investment platform is here. OilZ.finance is the first platform to announce two insurance policies that token holders of $OILZ can purchase. This will provide a standard procedure for protecting $OILZ users against any legal risks, as well as increasing their profit potential if the token's value continues to rise.

For More Information On The Auto-Stake

Website: https://oilz.finance/
Telegram: https://t.me/OilZFinanceChat
Twitter: https://twitter.com/OilzFinance
Discord: https://discord.gg/v3PQUtyNsf
Reddit: https://www.reddit.com/user/OilZFinance

Author

BTT Username: Dixie Blevins
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447742
BEP-20 Wallet Address: 0xb0Bf0CF23BDD0acA75418f6A36D3FabFf4a0328F