OilZ FINANCE AND AUTO- STAKING IN CRYPTOCURRENCY

in #defiyield2 years ago

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Staking in Cryptocurrencies is simply confining cryptocurrency holdings in a means to gain benefits or accumulate interest. In Cryptocurrency, it is a known fact that the Blockchain framework is the foundation on which crypto coins are built. It is on this Blockchain that transactions involving cryptocurrencies are verified, and the data produced is stored on the Blockchain.

An alternative way to get a clear picture of the process involved in validating cryptocurrency transactions on a Blockchain is Staking.

The process of validating cryptocurrency transactions are also known as “proof-of-stake” or “proof-of-work” and this relies on the type of crypto coins in use. The above-stated processes enable cryptocurrency networks to reach an agreement or confirm the authenticity of all the transaction data.

THE OILZ FINANCE PROJECT
This project dwells mainly on DeFi assets. OilZ Finance is indeed particular about creating innovations in the Decentralised Finance community. They have put forward a platform that allows its users to obtain rewards that can be sustained using a fixed compound interest model. The distinct Auto Staking Protocol of the OilZ Finance Project makes this possible.

Holders of $OilZ obtain benefits from using the project's OAP Protocol in several ways which include:

  • Reduced Risk with the incorporation of the OilZ Finance Insurance Fund (IFV).

  • Easy and Secured Staking of Tokens.

  • Accrued Interest are automatically shared among Holders.

  • Huge Fixed Annual Percentage Yield (APY).

  • Payment of Flash Interest.

OILZ FINANCE: THE AUTO-STAKING PROTOCOL (OAP)

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The OilZ Auto-Staking Protocol (OAP) has recently come to light as a financial protocol that boosts the simplicity and efficiency of Staking cryptocurrencies and gives holders of $OilZ token the benefits of achieving the maximum stable returns on their investments in cryptocurrency.

This Automatic Staking feature of OilZ Finance is a unique function known as the "Buy-Hold-Earn" system. This system allows OilZ Token holders to easily use the Auto Staking feature. Anyone can gain benefits in form of rebasing rewards which enter into the wallet as interest payments, by just purchasing and holding the OilZ Finance Token. Holders Tokens would be increasing in a fifteen-minute interval daily.

The Distribution of $OilZ by direct proportion to the epoch rewards has been made possible through the use of a special formula. These rewards are valued at 0,0243% per fifteen-minute epoch interval of the $OilZ balance in a holder's wallet. The movement of tokens from a wallet by Holders to receive annually compounded interest rates is not necessary. $OilZ Holders can still gain their annual compound interest of 0,0243% with their $OilZ lying idle in their wallets.

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CONCLUSION
OilZ Finance was brought to life just in time to direct the revolution of the DeFi space with its Automated Service Protocol (OAP). The OilZ OAP is a newly enhanced financial protocol loaded with up to date innovations compared to other products. OilZ Finance through its OAP Protocol has made its holders get the highest stable profit in the cryptocurrency space.

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The OilZ Finance team is gearing towards creating new and thrilling projects that make use of the OilZ Auto Staking Protocol and the most effective and up to date ways of rewarding their token holders.

FOR INFORMATION
Website: https://oilz.finance/
Telegram ann: https://t.me/OilZFinanceAnn
Twitter: https://mobile.twitter.com/OilzFinance
Telegram chat: https://t.me/OilZFinanceChat
Discord: https://discord.gg/v3PQUtyNsf

AUTHORS DETAILS
Bitcointalk Username- Heroalt
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768763;sa=summary

Matic Wallet address: 0x5B4966e5Cf0a2fdfD3009C31A8152dED58b875aF

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