$OCEANS: Multi Chain Auto-Staking & Auto-Compounding DEFI 3.0 Protocol – Digital Journal

$OCEANS: Multi Chain Auto-Staking & Auto-Compounding DEFI 3.0 Protocol – Digital Journal

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$OCEANS: Multi Chain Auto-Staking & Auto-Compounding DEFI 3.0 Protocol

$OCEANS and Stablecoin $OCASH will be Launched on Binance Smart Chain Ethereum Avalanche Fantom and Others to be announced.

Oceans Finance provides fully Auto-Staking, Auto-Compounding across multiple Blockchains. APY and Ultimate Reward Booster with $OCASH Stablecoin Staking Vaults that are backed up by latest and unique design in technology.

Oceans Finance rebase tokenomics

To support its price and rebase/busd rewards, the Oceans Finance employs a complex set of factors. It includes the $OCEANS Oceans Finance Dividend (OFD), which acts as an insurance fund to ensure the $OCEANS Protocol’s price stability and long-term viability by maintaining a consistent 0.018 percent rebase rate paid to all $OCEANS token holders every 15 minutes.

Staking – Easy and Safe

The $OCEANS tokens always staking in your wallet; it doesn’t need to be put into the high risk staking contract. All you need to do is buy & hold it and automatically multiply rewards in your own wallet so there’s no need to learn about the stake/unstake mechanism and also avoid paying an additional tax fee on staking operations. Plus the 7/8% BUSD rewards will go directly into your wallet.

Oceans Finance insurance fund

The $OCEANS Insurance Fund, abbreviated OFD, is a separate wallet in $OCEANS’s XAP system. The OFD employs an algorithm that underpins the Rebase Rewards and is funded by a portion of the buy and sell trading fees accumulated in the OFD wallet. Simply put, the OFD parameter backs the staking rewards (rebase rewards) that are distributed every 15 minutes at a rate of 0.018 percent, ensuring a high and stable interest rate to $OCEANS token holders.

Reduction of risk associated with downside

Ensuring long term growth continuity by maintaining constant growth levels

Ensuring price stability through rebase strategy

$OCEANS Treasury

The Treasury is very important in the $OCEANS protocol. It performs three critical functions for the growth and long-term viability of Oceans Finance. The treasury serves as an additional source of funding for the OFD. This additional support could be useful if the $OCEANS token’s price falls dramatically. It contributes to the establishment of a floor price for the $OCEANS token.

The BlueHole

The BlueHole consumes 2.0 percent of all $OCEANS traded. The more that is traded, the more that is added to the BlueHole, causing the BlueHole to grow in size, larger and larger through self-fulfilling Auto-Compounding, reducing the circulating supply and maintaining the $OCEANS protocol stable.

Liquidity management

Liquidity can be thought of as a large pool of money that is split into half between $OCEANS and $BNB tokens. There is a conversion ratio that is set to the amount of $OCEANS that can be obtained through BNB, for example: 1 BNB equals 36.44 $OCEANS.

APY formulation for $OCEANS

The Oceans Finance protocol follows daily-interest compounding simple formulation Where. A is the future value of your investment P is the principal investment r is the interest rate in decimals n is the number of time interest compounded in the given time t is the total time period for investment maturity It should be noted that rate r and time t should be expressed in the same time units, such as months or years. Time conversions based on a 365-day year have 30.4167 days/month and 91.2501 days/quarter. There are 360 days in a year, with 30 days per month and 90 days per quarter. In the present case: If the user invests $1500 worth $OCEANS for a period of 1 year at 0.018% compounding every 15 minutes. He will have $7,944,670 $OCEANS after his investment maturity.

Oceans Finance Vision & Mission

Our mission and vision is to revolutionize the reward generation mechanism with our very first and unique protocol that has advanced profit making. With creating a Stablecoin $OCASH the $OCEANS protocol is equipped with innovative technologies and features that other forks lack. We aim to provide auto staking and reward multiplication protocol in the crypto space. Oceans Finance is the future of the traditional staking system.

Social Media

Whitepaper: https://whitepaper.oceans.finance/

Medium: https://oceansfi.medium.com/

Github: https://github.com/oceans-finance

Telegram: https://t.me/oceans_finance

Twitter: https://twitter.com/oceans_finance

YouTube: https://www.youtube.com/channel/UCpdmJu9FtYGr1Vxd48YvZGg

Reddit: https://www.reddit.com/r/oceansfinance/

Media Contact

Company Name: Oceans Finance

Contact Person: Daniel Jones

Email: Send Email

Country: United States

Website: oceans.finance/

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