UPDATE: July 1, 2023 6:15 AM EST (Update to previous extension of June 18, 2023 3:00 AM EST)

The current token supply at treasury and any future token sales / cash-outs to the OilDefi.io treasury will be purchased by the creators of the project as of 6:00 PM EST July 8, 2023.

Previously a statement was issued for a June 18, 2023 and then July 1, 2023 deadline, however, considering “news pending” which is yet to be released and recent escalation in “software ROI performance” (https://oildefi.io/2023/07/broker-data-release-epic-posts-349-june-annualized-return-in-crude-oil-trade/) we have moved the date of deadline to July 8, 2023.

As of writing, there are approximately 150,000 tokens available at treasury for re-sale.

On July 8, 2023 the creators will purchase any supply left available and will automatically purchase any future cash-outs at treasury.

The creators will then decide from time to time whether to put said tokens of any determined quantity on the market (at whatever determined premium).

This effectively caps supply as of July 8, 2023 and availability unless a token holder decides to liquidate an amount of held tokens through private means or aided via the oildefi.io treasury. If you wish to liquidate any number of tokens after July 8 please message the treasury per instructions on the contact page.

Specifically to the oildefi.io project, expect up to 45-60 days for cash-out turn around time.

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