CRUDE TOKEN CALCULATION IS HERE!!!

Greetings Crudeoil Fam!! Hope everyone is having a great day

We understand everyone has been eagerly waiting for the launch of our token and platform. As we stressed out many times, There won’t be any launch till we get the audit results back. We want to make sure our contracts are safe and ready to deployed. We are dealing with people’s funds here. Hence we take every precaution there is before the most anticipated crudeoil yield optimizer launch.

Right!!! Now that’s out of the way. Let us bring you some good news. The crude compensation calculations are completed. We are now one step closer to CRUDE listing and Swap date. Certik has been conveyed that the token contract is priority numero uno. We expect it to get it within next few days. Once its out, Listing will be immediately after that subsequently the token swap.

OIL AND DIESEL SNAP SHOT SUMMERY

🛢️ Snapshot Date: 18/06/2021
🛢️ Time: Between 14:00–17:00 UTC
🛢️ Number of Snapshots Taken: 5 in 30 min intervals
🛢️ CRUDE Eligible Holders:

OIL
✔️ OIL Holders
✔️ OIL Stakers in Crudeoil farm
✔️ OIL/BNB LP ,pancake v1 holders
✔️ OIL/BNB LP, pancake v1 stakers in Crudeoil farm (Pool ended)
✔️ OIL/BNB LP ,pancake v2 holders
✔️ OIL/BNB LP, pancake v2 stakers in Crudeoil farm
✔️ OIL/BUSD, pancake v1 holders
✔️ OIL/BUSD, pancake v1 stakers in Crudeoil farm (Pool ended)

DIESEL
✔️ DIESEL Holders
✔️ DIESEL Stakers in Crudeoil farm
✔️ DIESEL/BNB LP ,pancake v1 holders
✔️ DIESEL/BNB LP, pancake v1 stakers in Crudeoil farm (Pool ended)
✔️ DIESEL/BNB LP ,pancake v2 holders
✔️ DIESEL/BNB LP, pancake v2 stakers in Crudeoil farm
✔️ DIESEL/BNB LP, Bakery swap holders

Please refer to this article for more details on the Snapshot

OIL AND DIESEL SNAP SHOT STATS AND COMPENSATION CRITERIA

Here is a brief overview of the stats we acquired during the snapshot. We would like to emphasize the fact that our initial reserves + LP tokens + pool rewards left are excluded from the circulating supply to make it more fair for the community.

✔️ Total Max Supply ➖ 100000 (100%)
✔️ Number of OIL Holders ➖ 4300
✔️ Burned Supply ➖ 20692 (20.7%)
✔️ Company Reserves + Farming rewards + LP Tokens ➖ 28716 (28.7%)
(This has been excluded from the circulating supply)
✔️ Circulating Supply ➖ 50592 (50.6%)

✔️ OIL Price (rounded) ➖ 4.98$
✔️ OIL Marketcap ➖ 251950$

✔️ Total Max Supply ➖ 1000000 (100%)
✔️ Number of DIESEL Holders ➖ 1800
✔️ Burned Supply ➖ 105747 (10.58%)
✔️ Company Reserves + Farming rewards + LP Tokens ➖ 414202 (41.42%)
(This has been excluded from the circulating supply)
✔️ Circulating Supply ➖ 480051 (48%)

✔️ DIESEL Price (rounded) ➖ 0.32$
✔️ DIESEL Marketcap ➖ 153616$

Crude calculation is fairly straight forward. We matched the cumulative marketcaps of OIL and DIESEL with initial CRUDE marketcap. Process is given below

CRUDE LISTING AND SWAPPING INFORMATION

We will cover the swapping and listing details in a separate article. For the time being, please go through the following flow diagram to get an idea of how it works roughly. The date is coming pretty soon.

⚠️CRUDE LISTING DATE: TBA (Pretty Soon)
⚠️CRUDE SWAP DATE: TBA (Subsequent to the Listing)

Swap Flow Diagram
Swap Interface

About Crudeoil Finance

🛢️ Website: https://crudeoil.finance
🛢️ Email: contact@crudeoil.finance
🛢️ Twitter: https://twitter.com/crudeoil_fi
🛢️ Telegram Chat: https://t.me/crudeoilfinance
🛢️ Telegram Channel: https://t.me/crudeoilfinance_ANN
🛢️ Blog: https://crudeoilfinance.medium.com/
🛢️ Github: https://github.com/CrudeoilFi
🛢️ Docs: https://docs.crudeoil.finance

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Crudeoil Finance

Next generation decentralized yield aggregator/optimizer built on #BSC for the DEFI economy. Audited by Certik: http://certik.org/projects/crudeoilfinance