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What is Oracle Finance?

2 min readMar 24, 2022

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Oracle finance is a decentralised protocol supported by the ORCL token backed by Oracle Finance and its entire scheme. ORCL are a non-inflationary yield-generating currency that's backed by its treasury. The Oracle Protocol aims to power the Oracle scheme, which can accommodate varied innovative web3 merchandise, services, and applications which will flip the complete protocol into a distributed, decentralised, on-chain venture fund.

Vision of Oracle Finance

Oracle Finance aims to be the entryway to crypto finance and worth creation by making a treasury backed, yield generating currency and by building a blockchain agnostic scheme for"next billion users"

Workflow

Oracle Finance aims to create upon the restrictions of Rebase tokens, to form a yield generating non-inflationary currency.

Non inflationary Reward Distribution

Transparency is the key to true decentralization
The main profit distribution mechanism of Oracle Finance are stablecoin airdrops. this can forestall inflation that's generated thanks to high staking rewards. this can facilitate the stakeholders to urge passive yield simply by being invested with within the project. The stablecoin airdrops will be done by the profits the protocol makes using its treasury

Staking & Bonding in oracle finance

Primary ways that for users to create wealth.
Users should purchase ORCL at discounted value via bonding and/or will stake ORCL to receive passive yields

account_balance

Treasury

Treasury is the engine of Oracle Finance and backs overall floor value, that ensures underlying value is freelance of market volatility

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Rewards Distribution

The total profit generated by the protocol is distributed to any or all stakers in stable coins, therefore generating a passive yield with comparatively low risks

Oracle scheme

Oracle Finance can power several platforms and applications which can grow the complete scheme and facilitate additional profits to the treasury

Oracle Capital

A proportion of treasury is allotted to Venture Funds, Liquid Token Funds, and Yield Farming for higher capital potency and rewards for the complete scheme and its users.

Oracle Finance Protocol

Unique investment opportunities starting from innovative Web3 merchandise, Services, and Applications

Why stake $ORCL?

The profit generated by the treasury investments and from the platforms (launchpads, NFT marketplace and lots of more) is distributed among the stakers. Staking ensures that you can receive rewards in each profit distribution cycle. additionally ORCL holders get exclusive access to completely different options within the protocol.

#ORFI #Oracle_finance

Visit the website to learn more about oracle finance
Website: https://www.oracledao.finance/
Discord: https://discord.gg/QBdfYRmQ

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