What kind of currency is ROSE coin? Introduction to the official website, circulation and trading platform of ROSE coins

ROSE (Oasis Network) empowers developers to craft secure and scalable decentralized applications by leveraging the platform's private data storage and processing capabilities.

Oct 31, 2024 at 06:31 pm

What is ROSE Coin?

1. Overview

ROSE (Oasis Network) is a native utility token of the Oasis Network, a blockchain platform designed for secure and private data storage and processing. It enables developers to create and launch scalable and privacy-preserving decentralized applications (dApps).

2. Official Website

The official website of the Oasis Network is: [https://oasisprotocol.org](https://oasisprotocol.org)

3. Token Information

Name: ROSE (Oasis Network)
Symbol: ROSE
Blockchain: Oasis Network
Token Standard: EIP-20 (when running on Ethereum Virtual Machine)

4. Utilities

ROSE has several utilities within the Oasis Network ecosystem:

Staking: Users can stake their ROSE to become validators or delegators, earning rewards for helping secure the network.
Transaction fees: ROSE is used to pay for transaction fees on the Oasis Network.
Governance: ROSE holders can participate in governance by voting on proposals that affect the network's development.
Access to dApps: Some dApps on the Oasis Network may require users to hold ROSE to access certain features or services.

5. Total Supply

The total supply of ROSE is 10.73 billion tokens.

6. Circulation

As of February 2023, the circulating supply of ROSE is approximately 3.25 billion tokens.

7. Trading Platforms

ROSE is traded on various cryptocurrency exchanges, including:

Binance
Coinbase
Huobi
Kraken
OKX

8. Conclusion

ROSE is a key component of the Oasis Network ecosystem, providing both utility and governance rights to its holders. Its unique features make it an attractive option for developers seeking to build privacy-preserving dApps.

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