• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Crudeoil Finance

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News

Ethereum and Cronos Maintain Their Market Positions Amidst New Developments

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Ethereum and Cronos continue to strengthen their market presence through upgrades and ecosystem expansion.
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Andrew Smith

Shoggoth and Boost Complete the List of Top Gainers

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Shoggoth and Boost registered significant gains, with Shoggoth increasing by 84% and Boost rising by 807%, highlighting ongoing interest in smaller cryptocurrencies.
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Jacob Williams

RaveDAO and Belong Continue to Gain Momentum

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RaveDAO and Belong saw notable increases, with RaveDAO rising 1364% and Belong advancing 963%, indicating strong trading activity and the potential of lower-liquidity tokens.
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Zainab Kamara

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.

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