How $ROSE Works
How $ROSE
Works
Supply
The ROSE native token is a capped supply token. The circulating supply at launch was approximately 1.5 billion tokens, and the total cap was fixed at 10 billion tokens.
Staking Rewards
Users can stake ROSE to earn rewards. 2.3 billion tokens are automatically paid out as staking rewards to stakers and delegators for securing the network over time.
Token Utility
ROSE is used for transaction fees, staking, and delegation at the consensus layer and ParaTime layers.
Governance
Oasis users and validators can participate in key decisions across the Oasis network by holding ROSE tokens and voting on decisions.
How to Use $ROSE
Explore our ecosystem with ROSE, our native token. ROSE is used for transaction fees, staking, and delegation at the consensus layer and ParaTime layers.
The services/exchanges above are not owned by the Oasis, please always do your own research before using any exchange.
ROSE Wallet
ROSE Wallet is the official non-custodial wallet for storing, sending and receiving digital assets on the Oasis network. With the successful deployment of Oasis Safe by ProtoFire on Sapphire and a partnership with Transak, Oasis users also have access to industry-leading custody options, staking, and easy on-ramps for the Oasis ecosystem.
Explorers
Oasis Explorer enables a comprehensive look into the activity on Oasis Sapphire and Oasis Emerald, whereas Oasis Scan gives users a detailed view into the activity on the Oasis network’s consensus layer.
Explore consensus layer
Explore Sapphire & Emerald Paratimes
ROSE - A symbol for privacy
ROSE - A symbol
for privacy
Why “ROSE”?
The name ROSE was chosen for our native token to embody our role as pioneers in advancing information security, data privacy, and confidentiality across Web3 & AI. Throughout ancient and medieval history, ROSE has been associated with secrecy and social revolution based on privacy.
The ROSE trademark is used for services related to wallets, payment of specific services on our network, and activities and educational programs including the ROSE Garden, our community’s go-to resource for everything related to the Oasis Network.
The Role of ROSE in Our Network
The ROSE token is used for transaction fees, staking, and delegation at the consensus layer and ParaTime layers. Oasis users and validators can participate in key decisions across the Oasis Network by holding ROSE tokens and voting on decisions; by staking and delegating ROSE with validators, users can earn rewards over time. The ROSE Wallet enables users to send and receive digital assets on the Oasis Network, including ROSE. Users have the choice between a web wallet and a browser extension, with a mobile version planned for the future.
Current payment, staking, and on-ramps with ROSE are enabled by Transak and RocketX on the consensus layer and PancakeSwap (via cBridge) and illumineX on Oasis Sapphire.
ROSE is used to pay transaction fees when users interact with various distributed applications (called dApps) on the Oasis Network. Users presently need ROSE to pay fees to interact with dApps operating on Oasis Sapphire, the Ethereum-compatible chain running on the Oasis Network, such as:
Ocean Predictoor: Marketplace for selling and buying AI-powered crowd-sourced (or other) predictions.
Illuminex: Cross-chain decentralized exchange for buying and selling cryptographic tokens that can maintain a degree of privacy.
Pixudi: Traditional race board game in which players compete with each other to collect the maximum number of stones by overcoming obstacles and completing missions.
Heroes Battle Arena: Multichain play-and-earn strategic role-playing game (RPG) based on non-fungible tokens (NFTs) for the army, magic stones, gods and guild power.
Fairfight: Online multiplayer arcade shooter game where people bet on victory in each round. The protocol ensures everything is fair, and users receive rewards for each round they win.
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