INTRODUCING DIESEL TOKEN/ TOKENMETRICS AND A POTENTIAL IFO

Crudeoil Finance
3 min readFeb 22, 2021

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Crudeoil Finance project got into an awesome start. The level of hype and interest we received has been insane so far. We have no words to express our gratitude towards the community.

Here we go, we are introducing our 2nd token (and the last), DIESEL. Named after of course the fuel diesel. This will be the second and final token that will be added to our ECO system.

Let us get the community up to date on why we decided to go for another token. Please check the listed points below.

  1. We have been approached by well known AMMs in the BSC space and shown their interest in doing an IFO with us. We are pondering the possibility from that front as well in collaboration with them. Hence this token will be utilized for that purpose.
  2. There will be no burn mechanism implemented hence we can use it to list it on a centralized exchange. (We got so many offers to get it listed on centralized exchanges due to the burn feature we couldn’t get it done)
  3. It will be the medium for buying and selling NFTs on our upcoming NFT market place.
  4. Yield aggregator fees will be distributed among the DIESEL and OIL token Stakers on our platform

DIESEL TOKEN GENERAL INFO

🛢️ Token Name: Diesel Token
🛢️ Ticker: DIESEL
🛢️ Decimal: 18
🛢️ Token Contract Address: 0xe1ea2e1907d93f154234ce3b5a7418faf175fe11
🛢️ BSC Link: https://bscscan.com/token/0xe1ea2e1907d93f154234ce3b5a7418faf175fe11
(tokens details have been submitted to BSCscan for the verification purpose)

DIESEL TOKENMETRICS

🛢️ Total Supply ➖ 1,000,000 DIESEL
🛢️ Staking Rewards and NFT platform liquidity ➖ TBA
🛢️ Private Sale ➖ 225,000 DIESEL (This will be limited)
🛢️ Public sale/IFO/IDO➖ TBA(More details will follow as we are in discussion with a popular AMM to hold the IFO)
🛢️ AMM Liquidity ➖ TBA (More details will follow as we are in discussion with a popular AMM to hold the IFO)
🛢️ Centralized Exchanges Listing Liquidity ➖ 150,000 DIESEL
🛢️ Airdrop to the OIL holders ➖ 5,000 DIESEL (We will airdrop 0.5% to the top 500 OIL holders proportionally)
🛢️ Community Airdrop➖ 5,000 DIESEL (Airdrop tokens will be vested 2 weeks from the listing date)

DIESEL TOKEN LOGO

TOKEN SALE SUMMARY

Since we got such an expansive interest towards our project, we will be able to carry out the development in a robust manner. We will be able to afford better audits, afford centralized exchanges, additional developers, etc…

DIESEL PRIVATE SALE

We will be hosting a limited round of private sale for the DIESEL token. We got a few strategic investors on board already. It's only fair (as always) if we open this to the public as well. Please check the details below

🛢️ Private sale DIESEL allocation is set at: 150000
🛢️ ️Private sale hard-cap: 1000 BNB
🛢️️ Private sale price is set at: 1 BNB = 150 DIESEL
🛢️ You need to be whitelisted (more details coming soon)
🛢️️ Tokens will be distributed automatically while contribution happens.
🛢️️ However, the tokens won’t be transferable till we conduct the IFO and list it on an exchange/AMM.

FUNDS UTILIZATION

  1. IFO costs on a popular AMM
  2. Centralized exchange listing liquidity and fees (we have been approached by top tier exchanges. We can’t disclose any names yet)
  3. NFT marketplace development
  4. NFT/Yield Optimizer Smart Contract Audit by Certik.
  5. Marketing and PR after the launch.
  6. Other Auxiliary Costs.

The token sale launch date will be provided later

SOCIALS

🛢️ 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
🛢️ PitchDeck: https://docsend.com/view/x9puqwhca8ciwbt4

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Crudeoil Finance
Crudeoil Finance

Written by Crudeoil Finance

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

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