The invention relates to an additive composition for improving the performance of
lubricant, and a preparation method and application method thereof. The preparation method comprises the following steps: performing
hydroxylation reaction for C60
fullerene to obtain C60(OH)8-15 or C60(OH)24-26, then catalytically esterifying the hydroxyl by virtue of short chain
carboxylic acid C1-5COOH to obtain an esterification product C60(OOC-R)8-15 or 24-26 which is adopted as a component A, wherein the additive composition also comprises an ester dissolving agent and an
antioxidant synergistic agent, andthe weight ratio of the three components, i.e., a weight ratio of component A to ester dissolving agent to
antioxidant synergistic agent is (0.1 to 10): (2 to 20): (10 to 40). The additive compositiondoes not comprise water,
sulfur,
phosphorus,
chlorine and mechanical impurities and is environment-friendly; and the additive composition has good
wear resistance and
friction reduction performance:the
friction coefficient of the lubricating oil is decreased by 18.8 percent to 34.3 percent, an average
grinding spot
diameter is reduced to 0.49, and the oxidation
induction period is increased by one time or more in the existence of the high-temperature high-pressure
oxygen. After the lubricating
grease is added, when the device is in an idle state, the input current can be decreased by 16.3 to20.3 percent.