OilZ Finance-The Highest Paying Auto – Staking & Auto – Compounding Protocol
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.Fiance Platform
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
Guides
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').
NO BOTS - All front run and sniper bots will be instantly blocked
F.A.Q
Q2 – How does the Rebase work?
1’ – The Rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Oilz.finance uses a Positive Rebase formula which increases the $Oilz supply of each holder.
Q3 – How to Stake
Oilz has created an innovative AutoStaking token which provides users a simpler way to receive staking rewards. Simply hold $OIlz in your wallet and you will automatically receive staking rewards.
Q4 - How do I get my Rebase rewards?
– The Rebase rewards, in simple terms, are the staking rewards. You are entitled to receive Rebase Rewards just by holding $Oilz in your wallet.
Q5 – Where can I buy $OILZ tokens?
– The $OILZ token is available on [DEX/CEX] Useful links:
Q6 – What is the slippage for the trade?
– There are two different Slippages which can be used for trading $OILZ: When you wish to buy, you will need to put the slippage at least at 11%. When you wish to sell, you will need to put the slippage at least at 18%. You might need to add higher slippage during times when there are lots of buys and sells of OILZ but you should only ever incur the same buy and sell fees as mentioned above.
Q7 – Is there a Max Supply of $OILZ?
$OILZ is a token with elastic supply and there are no standards for its quantity. $OILZ does not have a Maximum Supply.
Q8 – When does the Rebase occur?
– The Rebase occurs every 15 minutes and it distributes 0.02355% of the circulating supply
– As the Rebase occurs every 15 minutes and it distributes 0.02355% of the tokens in your wallet as staking rewards to $OILZ holders. In order to track the next Rebase, a holder can check the timer on the Oilz.finance staking dashboard.
Q9 – Is Oilz Audited?
– Yes, Oilz has been audited by [name]. It’s also great to know that we are also being audited by Certik, with completion soon.
Q10 – How are We Handling Inflation?
– 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.
Q11 – What will we do with the Treasury?
– The treasury functions as an additional financial support for the RFV. This additional support can become important in the event of an extreme price drop off of the $OILZ token. The treasury is also used to fund new Oilz products, services, and projects that will expand and build up the OAP use cases and the Oilz economy.
OILZ.Finance Dashboard V2 Guide
To be update …
OILZ.Finance Platform Introductions
Term of use
By using or accessing this whitepaper, you automatically acknowledge having read, understood, and accepted all T&Cs and documentation published by Oilz.Finance. To avoid any doubt, Oilz.Finance includes but is not limited to the overall project, the website, smart contracts and entertainment platform. It is not an active regulated financial, betting, payment, or digital asset service in any jurisdiction. All the terminology used in this whitepaper, on the website or within the application, or in the Oilz.Finance platform is intended for the purpose of the basic reference, to assist the receipts in making their own independent evaluation of the project, it doesn’t have any effective or legal meaning in a financial environment. This whitepaper taken by itself is not considered as an investment contract or a contractual agreement of any kind.The Oilz.Finance tokens including $Oilz are pure utility in any jurisdiction and are not considered as stock or regulated tokens of any kind or e-money or fiat-backed stablecoins. Any users of the Oilz.Finance platform declares to understand the high risk in using any kind of blockchain, crypto tokens, platform and accept with a full disclaimer for any person or entities that there can be any kind of damage suffered, including total loss and no warranties of profits of any kind.platform and accept with a full disclaimer for any person or entities that there can be any kind of damage suffered, including total loss and no warranties of profits of any kind.platform and accept with a full disclaimer for any person or entities that there can be any kind of damage suffered, including total loss and no warranties of profits of any kind.
Furthermore, the whitepaper includes certain statements, estimates, analyses, and projections that might change in the future, depending on the situation. Neither Oilz.Finance, nor any of their affiliates or advisors have independently verified these estimates, analyses, and projections, and accordingly, they do not express any opinion or provide any form of assurance, so all the decisions you made based on the provided information at your own risk.
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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