Oilz Auto Staking Protocol (OAP) and DeFi

DeFi (Decentralized Finance) is an innovation of existing traditional finance and attempts to solve inherent problems, while providing similar or even new services. DeFi decentralizes the financial sector by placing automated smart contracts to replace financial institutions, and blockchain in place of centralized ledgers, increasing efficiency and transparency. DeFi is a new and still growing sector, the risks from the lack of regulation and security concerns, among other risks, are still very significant.

A smart contract is an automatic contract in the form of code that runs automatically under certain conditions and cannot be changed after use. This increases efficiency and reduces the need for third parties, especially in monitoring the performance of agreements. Automation of smart contracts will also increase trust and reduce potential costs such as operational costs, fraud, and legal risks.

Blockchain-based DeFi can connect with the outside world through a data source called oracle, which can supply data such as stock value, currency value, or weather data. This still-evolving function is critical for DeFi to create utilities outside its ecosystem. All applications and organizations in the DeFi ecosystem are decentralized. Then the application can be used by anyone and does not have a controlling body; while the organization has its operational rules in a smart contract, and is regulated by the holder of the governance token.

Staking is an activity that locks crypto in a digital wallet on a particular platform for a certain duration and to make a profit. The duration of staking is usually done for a week, a month, two months, up to a year. Owners of staking crypto will benefit in the form of similar crypto. This staking can be done by those who do not understand trading, or do not want to take trading risks, but still want to benefit from their crypto assets.

Problems

DeFi has many problems that make it difficult for users to use the platform and many platforms that provide less benefits for users.

Solution

Oilz.finance provides solutions to the above problems, by creating a decentralized DeFi platform. Makes it easier for users to stake with a high APY. As well as token holders $OilZ benefit. The solution provided by Oilz.finance is supported by the latest protocol, namely (OAP) where this makes the latest innovations in the world of decentralization. OAP is expected to facilitate and provide solutions to problems that previously existed. OAP also has a system (IFV) as insurance to maintain price stability. There are 6 features that OAP provides:

• Low Risk with Oilz.Finance Insurance Fund Valuation (IFV) to maintain price stability and reduce risk.
• Staking is easy and secure, Autostaking or can be called a Buy-Hold-Earn system.
• Automatic interest payments for $OilZ token holders.
• During the first 12 months Oilz.finance delivered an APY of 498.249%.

• Fast interest payments, which are every 15 minutes or 96 times each day.
• The defenders (automatic burn) to prevent the circulating supply from getting out of control. Automatic burn is done 3% of all Oilz.finance token sales.

From the above features are an innovation step from the problems that occur in the world of decentralization, this is an excellent protocol to provide solutions. As well as the rebase given to token holders $OilZ with a rebase rate of 0.02355% every 15 minutes.

Oilz Autostaking has an RFV (Risk-Free Value) using an algorithm that supports Rebas Rewards. 11% of purchases and 18% of sales go to the treasury which partially supports the value of the RFV, to create a base value for the token $OILZ.

OILZ.Finance Auto-Liquidity Engine ( OALE ) ini sangan penting untuk likuiditas yang memungkinkan siapa saja untuk membeli & menjual OilZ/BNB mereka kapan saja, yang diperkirakan OilZ akan di jual belikan di PancakeSwap.

Conclusion

It is hoped that the new protocol owned by Oilz.finance can provide convenience and solutions for decentralization of finance. As well as benefiting users and token holders $OilZ of the latest features provided by the Oilz.finance team. I hope this project can run quickly and function properly.

Website: https://oilz.finance/

Username bitcointalk: jaga.lilin999