Crudeoil Finance

Total Users

Rewards

Volume: $0
Contract Balance: $0
Category: - No data available.
Blockchain: Bnb-chain
Language: - No data available.

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News

Bank of England Unveils New Stablecoin Framework to Boost UK Market

The Bank of England has announced a new stablecoin regime, easing previous restrictions to support the development of a sterling-backed market.

Maria Gutierrez

10 minutes ago

Governor Hochul Highlights Pumpfun Report Findings

New York Governor Kathy Hochul addresses the findings of a report from Pumpfun, emphasizing the importance of accuracy, relevance, and impartiality.

David Robinson

an hour ago

Report Utilizes Information from Reuters and Charles Schwab

The report utilizes information from Reuters and public materials from Charles Schwab.

Andrew Smith

an hour ago

What is Crudeoil Finance?

Traditional staking gigs require an infinite supply. New tokens need to be minted in order to keep the users staking. This "inflationary staking" causes a lot of sell pressure, and diminishes the value of the token. This is where Crudeoil Finance comes into play. Once the total supply of 100,000 OIL is minted, No new tokens will ever be minted again. In fact, the Total supply will keep reducing. There is a burn for every transfer, that is gone forever. Holders will have a chance to Stake/Farm Binance smart chain assets (BEP20) and get staking/farming rewards from OIL tokens.