Oasis Token

1. Summary

Ranks

Liquidity

-

Developer

-

Social

26

Momentum (beta)

0

Stack Rank™

-

Price

$0.000056960000 0.0%

Market Cap

$0.00 (#10696)

Supply

/

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem

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Price
52W High price	$0.001326133500
52W High date	2nd May 2022 (2 years ago)
All Time High (ATH) Date	23rd Sep 2024 (4 months ago)
All Time Low (ATL) Date	23rd Sep 2024 (4 months ago)

Supply & Trading Volume
Trading Volume (24h)	$20.00

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Description

Oasis Token (ROSE)

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Oasis Token (ROSE)

The Oasis Token, symbolized by ROSE, is the native cryptocurrency of the Oasis Network. It powers all transactions, staking, and delegation within the network, ensuring the privacy, confidentiality, and scalability of blockchain use cases.

The ROSE token is deeply rooted in history, with its name inspired by the ancient symbolism of the rose as a token of secrecy and privacy. This fits well with the Oasis Network's vision of providing a secure, decentralized ecosystem for confidential computing and private data management on the ledger.

Oasis Network, with its innovative technologies like ParaTimes and Ekiden, aims to create a highly scalable platform for building and deploying decentralized applications (dApps) that prioritize privacy and confidentiality. The ROSE token facilitates the functioning of this platform, enabling staking, delegation, and payment for various ecosystem services.

Tokenomics:

• Total Supply: 10 billion tokens
• Initial Distribution:
  • Founders: 23.0%
  • Community and Ecosystem: 22.5%
  • Strategic Partners and Reserve: 5.0%
  • Foundation Endowment: 10.0%
  • Backers: 20.0%
• Staking Rewards: 2.3 billion tokens over ten years

Key Partnerships:

• Binance for CryptoSafe Alliance
• BMW for internal discriminative insulation systems

Network Features:

• Decentralized storage of sensitive data through Parcel ParaTime
• Smart contract execution privacy using Solidity and Rust via Cipher ParaTime
• Ekiden for confidentiality-preserving, trustworthy, and performant smart contracts

Role in the Network:

• Enables transactions, staking, and delegation on the consensus and ParaTime layers
• Facilitates voting and decision-making processes within the Oasis Network
• Supports private DeFi and tokenized data use cases

The Oasis Token, with its robust supply mechanics and significant partnerships, is poised to play a crucial role in shaping the future of decentralized privacy-centric applications.

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