OilZ Auto-Staking Protocol (OAP) Features

Maret 17, 2022

ABOUT $OILZ FINANCE

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

APY is the acronym for Annual Percentage Yield. This measures the real rate of return on your principal token amount by taking into account the effect of compound interest. In the case of Oilz.finance, your $OILZ tokens represent your principal, the compound interest is added periodically on each Epoch (every 15 minutes). Your new principal amount is your then current OILZ token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.

The interesting fact about APY is that your balance will grow over time! For example, with the compound interest of 0.0243%, if you start your balance of one OILZ token on the day one, your balance will be 0.0243% OI

How is APY calculated?

Simple Interest Equation (principal + interest)

A = P (1 + rt)

Where:

A = Total amount payable (principal + interest)
P = Principal amount
I = Amount of profit
r = Interest rate per year in decimal form; r = R / 100
R = Percentage per annum; R = r * 100
t = Time period in relation to months or years

With the basic formula, A = P (1 + rt) deduces from A = P + I and since I = Prt so A = P + I becomes A = P + Prt which can be rewritten as A = P ( 1 + rt)

Please note that rate r and time t must have the same unit of time as month or year. Time conversion based on 365 days/year has 30.4167 days/months and 91.2501 days/quarters. 360 days/year has 30 days/months and 90 days/quarters.

Simple profit formulas and calculations:

A = Final Investment Value, using a simple interest formula: A = P (1 + rt) where P is the Principal Amount Invested at R% Interest Per Period for t Number of Periods. Where r is in decimal form; r = R / 100; r and t in the same time unit.

The cumulative amount of an investment is the initial principal P plus the accumulated simple interest, I = Prt, so we have:

A = P + I = P + (Prt), and finally A = P (1 + rt)

Calculate total payable (principal + interest), solve for AA = P (1 + rt)
Calculate principal, settle for PP = A / (1 + rt)
Calculate interest as a decimal, solve for rr = (1 / t) (A / P — 1)
Calculate interest as a percentage R = r * 100
Calculate time, solve for t

https://oilz.finance/#:~:text=You%20can%20earn,498%2C249%2C000%20USD

Compound interest in perpetuity

To maintain sustainable growth, we have introduced a Perpetual Compounding component, which will award $OILZ token holders with continuous compounding interest over the long term.

Each Interest Cycle is 15 minutes long and is called an EPOCH .

There are 35,040 EPOCH in 1 year.

EPOCH 1–35.040: 0.0243% per EPOCH for the first 12 months

EPOCH 35,041–52,560 : 0.00211% per EPOCH for the next 6 months

EPOCH 52.561–245,280 : 0.00014% per EPOCH for the next 6.5 years

EPOCH 245,281: 0.00002% per EPOCH ( Duration until max supply is reached