INTRODUCING ORACLE FINANCE

Samuel Obi
4 min readMar 24, 2022

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About Oracle Finance

Oracle is a decentralized protocol based on the ORCL token backed by Oracle Finance and its entire ecosystem. ORCL will be a non-inflationary yield-generating currency that is backed by its treasury. The Oracle Protocol aims to power the Oracle ecosystem, which will consist of various innovative web3 products, services, and applications that will turn the entire protocol into a distributed, decentralized, on-chain venture fund.

Vision of Oracle Finance

Oracle Finance aims to be the gateway to crypto investing and value creation by creating a treasury backed, yield generating currency and by building a blockchain agnostic ecosystem for"next billion users".

Work flow

Oracle Finance aims to build upon the limitations of rebase tokens, to create a yield generating non-inflationary currency.

Non Inflationary Reward Distribution

The main profit distribution mechanism of Oracle Finance will be stable coin airdrops. This will prevent inflation that is generated due to high staking rewards. This will help the stakeholders to get passive yield just by being invested in the project. The stable coin airdrops will be done by the profits the protocol makes using its treasury.

Oracle Capital

We aim to be the gateway to crypto investing and value creation by creating an innovative investment strategy that is optimized to produce maximum returns while limiting overall risks. Oracle Finance at the heart is a yield generating currency protocol and will use its treasury to invest in high-quality crypto assets, incubate innovative ideas, yield farming, and create an ecosystem to generate a consistent inflow of funds to the treasury.

Oracle Ecosystem

Oracle Finance aims to create an ecosystem of crypto platforms and services under its banner. This will boost the overall utility of the ORCL token and also generate passive yield for the treasury. Stakers will be benefitted from being incentivized for all the passive yield generation as well as will be able to take part in platforms like launchpad.

Protocol Owned Liquidity

Oracle Finance aims to own most of its liquidity by its LP bond mechanism. This is being done to guarantee the market that the liquidity is always there to facilitate sell or buy transactions. Also by being the largest LP (liquidity provider), the treasury will earn most of the LP fees which correspond to an additional source of income. The Bond Price of LP bonds can be calculated by the following equation:

BondPrice =TAV + Premium

Treasure Backing

Unlike other rebase tokens, Oracle Finance doesn’t have a 1$ backing per ORCL token. Instead, Oracle Finance is backed by its treasury, which is the total number of stable coin in treasury corresponding to one ORCL token. We define RFV as the risk free value in the treasury per ORCL token, and TAV as the total asset value held by treasury per ORCL token.
We define RFV as the risk free value in the treasury per ORCL token, and TAV as the total asset value held by treasury per ORCL token.

Staking

The primary way for ORCL users to build wealth is to stake their tokens. Users stake their ORCL, locking it into the ecosystem and receive sORCL in exchange (which will always be exchangeable for ORCL at a 1:1 ratio). Over time, the floor price of ORCL owned by stakers will increase, bringing more profit and reducing exposure risk. Staking ORCL becomes less risky and more profitable over time given that the protocol ensures a rising price floor, and stakers will receive stablecoin rewards, staking for long enough will bring a user’s cost basis below the initial purchase price of ORCL.

NFT Platform

NFT market increased to the size of 41 billion dollars in 2021 and is quickly catching up to the global fine arts market. Oracle Finance aims to create a multichain NFT marketplace with an extensive list of new features such as,

NFT Gallery
Most Liked NFTs will be displayed in the NFT Gallery. This will ensure that talented artists get the visibility they deserve.

Personalized NFT Store
We plan on creating one-click solutions to allow creators to create and deploy their own store on their own domain.

Launch Pad

Oracle Finance aims to create a platform where new crypto ventures can list for IDOs. Every project launching on the launchpad will pay a platform fee, which will be distributed to the treasury.

Learn more about Oracle finance via: https://docs.oracledao.finance/work-model/oracle-ecosystem/launchpad

Follow oracle finance on this platform:

Twitter: https://twitter.com/Oracle_Finance?t=U0DW60ZqISJ83FDzU-qNXw&s=09

Reddit: https://www.reddit.com/r/OracleFinanceDAO?utm_medium=android_app&utm_source=share

Discord: https://discord.gg/GFbZE2wvRW

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Samuel Obi
Samuel Obi

Written by Samuel Obi

A crypto lover, content creator

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