Oozelandia — A guide to the land of Ooze.Finance
Ooze.Finance is a recently launched daily ROI dApp on the Fantom network. The token is on a steady rise since launch (yes, it took a correction a few days post-launch, read this to understand why), and I believe a gem set to explode as the crypto markets rally from the depths of a bear market.
What in particular sets Ooze.Finance apart is that the daily ROI is tied to an NFT that is upgradeable and transferable. The dApp has a nostalgic and very well made gamification look, where all actions take place in different parts of Oozelandia accessible from the main map.
In this article I will take you on a tour of the Ooze.Finance map that will be helpful if you decide to jump down into the sewer before the rest catches on and the FOMO kicks in!
To get you in the right mood for the tour of Oozelandia, read the introduction from the Ooze.Finance whitepaper:
You sit in your office, in front of your computer, cursor blinking, and stare out of the window. The pastrami sandwich you bought for lunch from the corner deli was $15 today. (Inflation, apparently.) And the boss just told you no raises this year. Out of the corner of your eye, you spot something… out of place. A dark-robed figure approaches the manhole cover in the middle of the street, pries it open with some kind of long knife, and climbs down. Just before he vanishes, he turns and unmistakably meets your gaze. He beckons. You swear his eyes glow green before he vanishes into the manhole.
Deep in the sewers under your city with its expensive sandwiches and unending day jobs, the tired and downtrodden have found OOZE — a mysterious, replenishing substance with transformative power and the foundation of an entirely new economy. OOZE is a deflationary, sustainable, and even transferable investment with a consistent, compoundable, and even upgradable daily 1% return. Around it are two warring factions: the Order of SLIME and the BioPunks, each seeking to control this new resource for their own gain.
Now that you’ve looked down the manhole, now that you’ve locked eyes with that monk, now that you’ve seen OOZE, you can’t turn back. (Ooze.Finance Whitepaper — Introduction)
In this tour of Oozelandia we will progress through the map as you would, a immigrant having heard rumours of the fantastic substance called Ooze. If you are already familiar with parts of the city, skip ahead to the quarter of the city you want to learn more about.
When you first navigate to dApp.Ooze.Finance you will be handed this map of the city:
The BRIDGE
New to the Fantom Network realm, and can only view it from a distance? To enter Oozelandia you first need to cross the Bridge
There are four suggested bridges to cross from other realms to Fantom and Oozelandia. Wherever you come from, make sure to bridge some Fantom USDC, and get a few USDC worth of FTM.
The MANHOLE — on-site DEX
With USDC in hand you are ready to take the plunge, head over to the ManHole.
The Manhole is the onsite Decentralised Exchange (DEX) where you swap your USDC for Ooze.
The manhole is pretty straight forward. Oozelandia runs on taxes, this is the only action you will ever do in Oozelandia without paying a single drop of tax.
The Manhole is also where you will return after claiming your daily ROI and wish to swap it from Ooze to USDC.
The SEWER
With Ooze in your wallet head over to the Sewer
In the sewer you will find these four localities
Pre-Mint: Choose your faction
The first thing you will want to do is settle on whether you want to join the Order of Slime or the BioPunks. For and in-depth breakdown of the NFT and the two factions, you may take a look at this article
The short version is: the BioPunks follow a set schedule of top-ups (compounding) and claims, there are five to choose from and you may chose and change at your own discretion. While your BioPunk follows a schedule everything goes automatically, and you pay no gas fees for the actions. Beyond the first deposit, your guru is out of the picture. All taxes hit the system wallet, with the minimum tax kickback for every compound.
The Order of Slime has no autoOoze, you must actively compound or claim, and pay a gas fee. The manual labour is the only real concern I would argue, gas fees on Fantom are low, expect 0.000x FTM, for a compound. With FTM at the price of today that is less than 0.01 cents per action…
The compound (roll) from the screenshot above can be seen on the scanner here.
The Order of Slime has two added benefits:
- Ability to refer and get tributes from deposits and compounds — both from team-building and if you add more NFTs yourself.
- Compounds hit the gurus above the Order of Slime NFT, with higher kickbacks than system wallet (75% tax kickback if you join the @SlimeHive monastery!)
For some more information on tax, payout and balance you may want to check out this article:
The Minter
Having chosen whether to join the Order of Slime or the BioPunks you enter the Minter.
This is where you sacrifice your Ooze to the Sewer, and in return you get a NFT with an Ooze deposit and lots of nice attributes. Be aware that there is a 10% deposit tax that goes to the sewer contract when you mint. From the post-tax amount you get your deposit, and it’s from that the tribute to the Guru is paid from the contract balance (and the guru kickback gets returned to the NFT).
Detour — CITY, Search
Now, before you chose your Guru and hit that Deposit & Mint NFT button, let’s take a quick detour to the City.
Once in the city, enter “Search” and look up your Guru. Here you will see the stats associated with the Guru you searched for.
The information we are looking for is a bit down the page. Scroll down until you see this part
The “SLIME Disciples” need to be green. Why? Because that is what determines if the Guru is eligible for Tributes. If the Guru is not eligible for Tribute, the deposit tribute will hit the system wallet, and the kickback will be the default 25%.
Say you sacrificed 1000 Ooze to the contract, 100 Ooze you know hits the contract balance, 10% of the remaining, ie. 90 Ooze goes to Tribute. Your guru promised you 75% kickback, and you expected your deposits in the NFT to be 967.5 Ooze, but you are only seeing 922.5…
Well, scratch your head no further — your Guru wasn’t eligible for Tributes. 45 Ooze down the drain, and your journey towards Ooze wealth has been set back — by no means fatally so, but enough to be annoying.
If you want to dig further, you may also look-up your Gurus Guru and check their kickback — but the most impactful is your immediate guru, so make sure you check at-least that.
Back to the Minter
OK, let’s head back to the Minter.
Once you have hit the Deposit & Mint NFT button you will see an image of your NFT in the upper left corner. Wherever you are in Oozelandia you may click it to watch its stats and swap between NFTs if you have several in the same wallet (yes, there is no need to multi-wallet if you want to have several deposits going, either for yourself or managing for others. For some of us that is a huge plus among the many ingenious innovations in Ooze.Finance).
Faction HQs: AutoOoze and OrderOfSlime
The two factions have each their own part of the Sewer they call home.
- To determine your AutoOoze strategy for BioPunks — head to the AutoOoze section of the Sewer.
- To compound, claim and change kickback rate head to the OrderOfSlime section.
- To view stats and allocate experience points head to the respective faction.
If you are like me, you will spend more time than you need in these sections of the sewer, just looking at the Ooze growing, speculating about XP-allocation, or just day-dreaming of what the Ooze will enable you to do in X-months.
If you are not like me, you need hardly spend time here at all — the BioPunk can keep on punking without interference for a long time, and the OrderOfOoze Guru just needs a few seconds of attention at semi-regular intervals.
Monastery
If you are an Order of Slime Guru with referrals (Disciples) you will see them running around here, you may click them to view their stats.
You may also view your Disciples using the player look-up in the City, scroll to the very bottom to get a branched view
The CITY
While in the City here are the interesting spots to visit
Stock Exchange
The Stock Exchange is basically the on-site price tracker
After a correction as short-term holders were off-loading post-launch and the initial sales tax was decreasing, the growth is steady and healthy.
If you hit Ooze stats you will find more numbers with regards to Slime, the Liquidity Pair, and the Sewer Contract.
Transfer Station
As your deposit is tied to an NFT, you may transfer the NFT between wallets, be it for internal house-keeping, or to gift it to someone else. There is a 1% transfer tax that goes to contract balance, charged of the NFTs deposited amount.
Post Office
In the post office a Guru can send claimed Ooze as AirDrops to specific wallets. This is a feature that will be expanded upon and improved.
Leaderboard — Who’s the most bad-ass Guru?
Lastly, in the City, we have the Leaderboard, where you can see which Gurus have the largest Disciple following. (The SlimeHive is part of the slimebees)
The SWAMP
The Swamp is where the Slime is located, the foundation and fuel of the Sewer contract. This is where you deposit USDC for Slime LP tokens (Ooze-USDC). I’ve written extensively on Slime elsewhere, and why it is both a fantastic investment opportunity, and why it will make the whole of Oozelandia prosperous and successful. Read on here:
MARKETPLACE
In need of liquidating your sacrificed Ooze? You never know what life will bring, and sometimes a real nasty curve ball is thrown your way.
Did you mint a very rare NFT and want to see if a collector is willing to pay at premium for that beauty?
Want to increase your Disciples by selling NFTs with a deposit at a discount?
Ooze.Finance with the non-fungible tokens holding the Ooze stake in the Sewer contract has got your back!
Since your deposit in Ooze.Finance is tied to a NFT, and not to your wallet as such, you may sell your stake of an immediate payout. The PaintSwap marketplace is already seeing healthy trade of Ooze.Finance NFTs.
The FUTURE — LAND NFTs
The future in Oozelandia beckons with tantalising opportunities. In the recently released Road Map one of the most bullish new innovations (and there are many) are the plans to introduce building NFTs for sale in Oozelandia.
In the map all the little houses (and maybe more to come, if the map expands) will be possible to buy. Within the house you can both showcase your team, your content etc — but you can also create a “dojo” where, if you are a content creator, you can reveal your content only to those that have joined you as a Guru. Say you provide trade signals, make special content of some kind — the imagination is the limit here — and have a following that will pay for your content: have them join your Ooze team with a deposit of X, and both they and you will benefit from their “subscription”. The use-cases for this are just enormous — and the subject of a whole new guide down the road.
I’m part of the SlimeBees, the biggest, friendliest and most knowledgeable Ooze community! If you want to join ooze.finance, please consider using my referral ID (@SlimeHive) to get access to the SlimeHive telegram group as well as the big group SlimeBees. Send me a message on telegram when you have joined — or with questions/assistance getting you set up!
I offer 75% kickback on your deposit, and all future tributes that hit the SlimeHive, the same goes for my guru! (Yes! We’ve got our Slime ready to ensure you get the kickback :)
If you’ve got team-building aspirations I offer both special incentives as well as help and guidance on the way.
To join my team, either enter this referral ID (case sensitive!) @SlimeHive or follow this referral link:
Got questions? Contact me on telegram (please reference ooze or this article when you do)
How to get started with Ooze.Finance — with USDC in your wallet on the Fantom Opera network, go to dApp.Ooze.Finance and enter the “ManHole”. There you swap your USDC for Ooze. With Ooze in your wallet, head to The Sewer, where you mint your NFT (remember to enter a Guru! For example @SlimeHive) — now you’re earning 1% day, tied to an NFT that is upgradeable and transferable. Enjoy!
Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links.
