If you are already in DeFi, then you are in the right place. And if the term “compounding” sounds familiar, then you already know about the financial potential of these new projects that give you x% return on your principle every day, which can catapult your investment to dizzying heights through the power of compounding, or reinvesting your earnings.
However, the sustainability of these projects is the big concern, and that is the reason for the emergence of new ideas and innovative approaches to address this looming problem and create a project that can last for many years to come. I would consider Ooze to be such a next-generation DeFi project.
I promised not to take more than 5 minutes of your time, so let’s break down the key features of Ooze so you can make an informed decision about whether this is something for you or whether you should just skip it.
Ooze Finance Basics
OOZE is a token on the Fantom network, so not on the Binance Smart Chain. That´s important to understand because funds must be transferred from whatever network you hold them via bridges. You need USDC for investing and FTM for paying gas.
OOZE can be sacrificed into the Sewer contract to earn 1% daily on your investment. This daily 1% can then be compounded, and more earned through referral rewards, to grow your BALANCE up to a base 8x your DEPOSIT. And you can claim up to 3.65x your BALANCE for a total of a base 29.2x return on your DEPOSIT, not counting any changes in the value of the OOZE token.
So, if 29.2x is not enough, you can further grow your maximum balance and daily ROI by earning and allocating XP (Xtra Potential) to upgrade your NFT.
Did I say: NFT? Why NFT?
This is one of the innovative aspects of Ooze. Unlike other similar projects, your deposit is not tied to your wallet address, but to a unique NFT identifier that can stay in your wallet or be transferred to another wallet. You can think of your NFT as a digital property or a digital business that generates passive income. This is really a big deal because every deposit is now tied to a unique NFT identifier that you can think of as property, a business, that is transferable and even sellable.
There are two types of NFTs: Order of Slime and BioPunks
When you deposit OOZE, you will mint an NFT and you can choose between two factions, which will determine your NFT´s investment path.
“The Order of Slime” is the right choice if you want to recruit others, build a team and get rewards. In “The Order of the Slime” you (the guru) can create your own monastery and recruit disciples to join you. Here you manage your investment yourself. You decide when to compound and when to claim. As for your team, you have several ways to give them benefits, such as kickback rewards for deposits and connections or air drops. However, to qualify for team rewards, you need to buy a certain amount of so-called SLIME LP tokens, which also increase the project’s price stability.
“BioPunks” is the fraction you choose when you just want to set it and forget it. Auto-OOZE manages your wallet for you by auto-compounding and claiming on a predetermined schedule. Gas fees are paid for you on compounds and claims, you only pay gas charges on withdrawals. It’s almost like a business where you only enter the office when you want to withdraw money.
The Extra Potential (XP) System
Every time you do something positive for the sustainability of the OOZE ecosystem, you earn XP. Positive actions include compounding, depositing, recruiting, and air-dropping. These positive actions are rewarded with XP that you can apply to your NFT to increase its potential. You can use your XP to improve the following three attributes of your investment:
Strength: allows you to increase your maximum deposit growth from 8x up to 12x.
Speed: allows you to increase your daily ROI from 1% daily up to 2% daily.
Stealth: allows you to increase your tax kickback from the dev wallet for taxes from 25% up to 75%.
Next steps:
I am very excited about this new project and was lucky enough to participate in the public pre-sale that ended on May 31. While the launch of the project will be in about a week (date not yet announced), those who participated in the pre-sale will have the opportunity to pre-mint their NFT, either Order of Slime or BioPunks. The pre-mint schedule will be announced today (June 1), and it will be an open thing with no cut-off date. We will then have the opportunity to mint a single NFT from our pre-sale purchase.
I´m in the process of building a team to create a beautiful monastery where we can all thrive financially. I am part of the SlimeBees Team (Founded by JCCrypto) which is a very friendly, welcoming and knowledgeable community. When you consider joining my Order of Slime Team you´ll get 75% kickback on your deposits/compounds, which will help you to grow your investment fast. Select @slimejunkies as your Guru to become part of my team. Also, for up to date information, listen to our SlimeBees Telegram group on https://t.me/+FtHuKIHYc_o1MWE5
Stay tuned for more information on the next steps.
Here are the links to the Ooze Finance Social Media Channels:
Twitter — https://twitter.com/oozefinance
Website — https://ooze.finance/
Telegram — https://t.me/oozefinance
Discord — https://discord.gg/AufJ7t2gh4
Medium — https://medium.com/ooze-finance
Litepaper — https://bit.ly/oozefinance
Whitepaper — https://oozefinance.gitbook.io/ooze-finance-whitepaper/
This article aims to provide education exclusively and is not meant to provide financial guidance.
