Roseon is Shaking Up The World of DeFi and Injecting Some Fun

Roseon is Shaking Up The World of DeFi and Injecting Some Fun

rosx-lucky-draw

Let’s face it, 2023 hasn’t been kind to DeFi. It’s been a rough winter for the space, with blow after blow hitting the industry. Whether it’s the LUNA crash, 3AC bankruptcy, or the FTX saga, DeFi has taken some hard hits.

DeFi Winters

The truth is, DeFi is in serious trouble, and there’s no way to sugar-coat it. The numbers don’t lie. Just take a look at the total value locked (TVL) in DeFi. Since 2022 began, the sector has lost a staggering 75% of its locked value. Ouch!

At the beginning of 2023, there was a slight glimmer of hope with a small increase in TVL. Another metric worth considering is the volume on decentralized exchanges (DEXes). Even the independent exchanges, which were once seen as the most promising aspect of DeFi, couldn’t withstand the bitter winter winds.

Exchanges operating independently are considered the most potential vertical in DeFi. Yet, even they could not withstand the bitter winter winds of DeFi

The Condition of DeFi At Present

So, where does DeFi stand right now? Well, it’s not all doom and gloom. While the number of relevant DeFi protocols can be counted on one hand, there are still some players making waves. Uniswap continues to hold the title of the largest DEX, Curve is busy exchanging stablecoins, Aave is working on exciting initiatives, and dYdX and GMX are welcoming new users into the fold.

RoseonX

But there’s a rising star on the horizon – RoseonX. This gamified derivatives exchange offers a unique opportunity to trade your favorite crypto instruments at low fees and with leverage of up to 50X. RoseonX aims to provide advanced features that are missing from the market.

Let’s take a moment to compare. Sure, you can trade on other platforms, but you’re missing out on a whole range of useful features like zero spot slippage, a dedicated launchpad, internal swaps, a referral system, and yes, gamification. RoseonX is your one-stop-shop for all these features and more. Imagine the exposure and wealth-building opportunities you’ll have with RoseonX’s unique offerings.

But that’s not all. With RoseonX, you get a multi-chain decentralized exchange with perpetual contracts. This means you can move your funds across various chains at minimal cost. The platform also boasts advanced tools like trailing stop losses to protect your profits, single sign-on for saving time, and a delegated wallet that puts you in full control of your funds. It’s your keys, your wallets – no need to worry about losing your hard-earned money.

What else do you get with RoseonX?

A Multi Chain Decentralized exchange with Perpetual Contracts.
This will help users like you to move your funds via various chains at a minimal cost.

Advanced tools like Trailing Stop losses to protect and book your profits, Single sign-on to save your time, Delegated Wallet, which is entirely under your custody

Your keys, your wallets. We don’t want you to end up losing your hard-earned money; with our DEX, you can stay stress-free about the safety of your funds as you are in charge of your money, NOT US.

A Gamified Experience

Now, let’s talk about the fun factor. RoseonX is here to make trading and DeFi enjoyable again. Their slogan says it all: “Make DeFi Fun Again.” The more you trade, stake, or play games, the more rewards you’ll earn. Daily check-in rewards and quizzes offer additional opportunities to increase your gains. RoseonX is taking gamification to the next level, revolutionizing yield farming, staking, and trading in a way that few exchanges have done before.

gamification-diagram

So, how does this gamification work? There are three types of activities that earn you Experience Points: daily activities, playing skill-based games, and trying your luck with Games of Chance. Each day, you get one free activity, incentivizing you to sign in regularly and play to earn points. Games at the Game Center require points to play, giving you a chance to double up on your earned points. If you’re running low, you can even purchase turns to play games with ROSX, the platform’s native token.

But here’s the catch – you can only redeem your points after completing a DeFi activity on the mobile app or RoseonX.

Conclusion

With gamification, it makes the Roseon Platform easy for new users to join the platform, engage with the platforms, to earn POINTs, then convert the users with DEFI activities and trading.

Keep an eye on the updates, as RoseonX will be launching soon. Don’t miss your chance to maximize your gains.

About Roseon

Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, an one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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ROSX Lucky Draw Pool is Live! Join Now!

ROSX Lucky Draw Pool is Live! Join Now!

Roseon is introducing a Stake, Earn and Draw event featuring a total reward of 10,000 ROSX tokens.

Stake minimum of 500 ROSX tokens for 7 days in “ROSX Lucky Draw” pool and win. The rewards of 5,000 ROSX tokens for staking are ensured and shared among all participants, and the prize pool of 5,000 ROSX tokens will be distributed to 5 lucky winners based on the rules below.

rosx-lucky-draw

Rules

All users who successfully complete those tasks below will share 5,000 $ROSX for staking rewards and have a chance to win 1,000 $ROSX more

  • Stake at least 500 $ROSX tokens in ROSX Lucky Draw pool on RoseonApp
  • Subscription period: 3 days (from May 24th 9AM UTC to May 27th 9AM UTC)
  • Locking period: 7 days (from May 27th 9AM UTC to June 3rd 9AM UTC)
  • Roseon reserves the right to disqualify any participants showing signs of fraudulent behavior immediately

Winner Announcement

  • Winners will be randomly selected on June 3rd 2023
  • Rewards will be distributed within 5 days after the pool ends
  • Total number of winners: 5
  • Prize per winner: 1,000 $ROSX

About Roseon

Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, an one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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Roseon Moon Mission Airdrop: Tweet, Register, Refer & Reap!

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Roseon Ambassador Program 2023

Roseon Ambassador Program 2023

Roseon is proud to present the Roseon Ambassador Program 2023.

The Roseon Ambassador Program aims to spread awareness for Roseon and to further contribute to our mission, “simplify your crypto journey and make crypto accessible and fun”. This program provides several opportunities for individuals to participate in promoting RoseonX and RoseonApp and future additions to the app-based ecosystem.

We want to celebrate the upcoming launch of our Gamified Derivatives Exchange, RoseonX, along with the introduction of this Ambassador Program.

To help accomplish this, we aim to onboard a diverse group of people everywhere aligned on this goal. We welcomely invite you to join our Ambassador Program to grow Roseon to the global crypto market. We highly appreciate your time and effort, and would love to offer you attractive rewards as returns.

roseonx-ambassador-program-2023

1. Community Ambassadors

Roseon community ambassadors are our community builders who love Roseon, share our community values and come up with creative ways to foster the growth of the Roseon community.

Responsibilities

  • Generate buzz about Roseon on your social media by starting discussions and sharing/posting content about Roseon 
  • Drive adoption by keeping our official online social media channels informative, productive and a pleasant place for the community to come together
  • Share knowledge and build brand awareness within and beyond the Roseon community (Twitter, Telegram, Discord)
  • Actively promote our service locally
  • Represent Roseon when attending at crypto/blockchain events
  • Connect group owners, influencers or anybody who can bring new friends
  • Provide connections to executive networks, investors, partners and potential clients who may avail from the broad spectrum of Roseon Services

Requirements

  • Have good knowledge of our product and services
  • Have good knowledge of Crypto, DeFi, and/or GambleFi as well as a general understanding of the blockchain
  • Have good English skills, both written and verbal
  • Having a crypto community is a bonus

Benefits

  • Monthly reward
  • Get an NFT after 3-month probation
  • Revenue share of trading fees (based on your referral)
  • Full training and potential full-time opportunities at Roseon

Deadline for application: 5 PM UTC on Sep 19th (updated)

2. Trading Ambassadors

Monetize your traffic and earn crypto commissions when you share RoseonX with your audiences

Responsibilities

  • Support and promote various RoseonX activities 
  • Share/post content about trading on RoseonX 
  • Help RoseonX gain traffic and drive new users to generate trading volume on RoseonX
  • Build connections that can drive trading volume growth for the RoseonX trading platform, both with trading communities, and other communities capable of providing continued token support
  • Help build more trust, credibility, and trusted authority within the marketplace by introducing channels, high-level strategy formulation, oversight, and community introductions

Requirements

  • Have good knowledge of our product and services
  • Have good knowledge of crypto trading
  • Having an existing trading community is a bonus

Benefits

  • Monthly reward 
  • Revenue share of trading fees (based on your referral)
  • Get an NFT after 3-month probation

Deadline for application: 5 PM UTC on Sep 19th (updated)

About Roseon

Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, an one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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RoseonX Guide – Start Trading with RoseonX

RoseonX Guide – Start Trading with RoseonX

This is a simple guide on how to get started on RoseonX. The available trading pairs on RoseonX Beta Mainnet are as follows:

  • Spot Trading Pairs: $ROSX/USD, $NAKA/USD, $WINR/USD, $MYRIA/USD, $SQR/USD and $XAI/USD
  • Perpetual Trading Pairs: $BTC/USD, $ETH/USD, $ARB/USD, $BNB/USD, $MATIC/USD, $XRP/USD, $SOL/USD, $LINK/USD, $OP/USD, $CYBER/USD, $MEME/USD, $DYDX/USD, $LQTY/USD, $ORDI/USD, $1000SATS/USD, $XAI/USD and $MANTA/USD

Set up Account

Users can set up their account on RoseonX by connecting a supported wallet.

RoseonX is now live on Arbitrum and Polygon zkEVM, so make sure to switch to the chain you want to trade on.

Collateral is in USDC.e (Arbitrum) for trading on Arbitrum, and USDC.e (Polygon zkEVM) for trading on Polygon zkEVM.

    roseonx-set-up

    Open a Position

    Step 1: Choose the direction of the leverage position you would like to open: Long/Short.
    Step 2: Select an order type. RoseonX offers 4 types of order:

    • Market: Order will be executed to buy or sell at the best available price
    • Stop Market: A market order will be activated when price reaches the stop price
    • Limit: Order will fill at a set price or better
    • Stop Limit: Order combines a stop trigger and a limit order. A limit order will be activated when price reaches the stop price

    Step 3: Enter collateral amount and select leverage size.
    Step 4: Click “Long” (if you open a long position) or “Short” (if you open a short position).

    roseonx-open-position-zkevm

    Edit Collateral

    Step 1: Click the pen symbol and select the “Edit Collateral” option, then a pop-up window will show up, allowing you to either add or remove from your position’s current collateral.
    *Note: Keep in mind that when editing collateral, leverage will change.
    Step 2: Choose “Deposit/Withdraw” and enter an amount.
    Step 3: Click “Submit”.

    roseonx-open-position

    Add to Position

    Step 1: Click the pen symbol and select the “Add to Position” option, then a pop-up window will show up, allowing you to add to your current position size.
    *Note: Keep in mind that when adding to position, leverage will stay the same.
    Step 2: Enter an amount .
    Step 3: Click “Add”.

    roseonx-open-position

    Edit Stop Loss (SL) or Take Profit (TP)

    Step 1: Click the pen symbol and select the “”Edit SL/TP”” option, then a pop-up window will show up, allowing you to edit SL/TP.
    Step 2: Enter an amount.
    Step 3: Click “Submit”.

    roseonx-open-position

    Add Trailing Stop

    Step 1: Click the pen symbol and select “Add Trailing Stop”, then a pop-up window will show up, allowing you to add trailing stop
    Step 2: Enter Close Qty or choose Close percent
    Step 3: Choose to set trailing stop by “Percent” or “Amount”
    Step 4: Enter an amount in “Trailing Percent” or “Trailing Amount” box
    Step 5: Click “Add”

    roseonx-open-position

    Close a Position

    Step 1: Select the “Close” option by clicking the bin symbol.
    Step 2: Partially or fully close a position by entering “Close Qty” or choosing “Close percent”.
    Step 3: Click “Close”.

    roseonx-open-position

    X Daily 

    Step 1: Click “Check-in” for X Daily to pop up.
    Step 2: Answer quiz/play games
    Step 3: Verify to receive rewards by filling out your email address. If you are RoseonApp user, please make sure you fill out your registered email on RoseonApp to sync your Rose points.
    Step 4: Click “Get Code” and fill out the code sent to your email box
    Step 5: Click “Submit”

    roseonx-open-position

    X Challenges 

    Step 1: Navigate to the “X Challenges” box at the bottom of the right corner.
    Step 2: Click to view challenges.
    Step 3: Complete challenges and claim Rose points for $ROSP airdrop in the future (Rose points will be converted into $ROSP)

    Risk Warning

    Trading cryptocurrencies or other digital assets is a highly risky activity. Please be sure to do your own research and be aware of the associated risks.

    RoseonX Mainnet FAQ

    1. I cannot close position, it says "Close Failed execution reverted: Vault: Max leverage exceeded"

    This means you are using our max leverage which is 50x. If you close partially, this can change the leverage based on your position (loss or win) and make the leverage after closing higher than 50x, so you cannot close.
    This is not a bug. This is to prevent the leverage exceed our max leverage.

    2. I cannot open new position, it says "Max OI per asset/size exceeded"

    OI means Open Interest. This is a limit liquidity that we allow to open a trade. It is to minimize the risk for the platform, and it is not a bug too.

    3. Genesis Pool LP

    Genesis Pool LP will be locked for 1 month (which is Nov 16th). Reward for Genesis Pool LP will be distributed after 1 month, at the end of each month.

    4. What is cooldown for normal liquidity providers?

    Normal liquidity providers will have 3 days cooldown every time they mint ROLP, which means they cannot redeem ROLP within 3 days.

    5. What is X Challenges?

    We have 8 challenges available in the DEX. It will automatically track your progress. If it it not updated, try to disconnect, reload page and connect again. Make sure you sign the message popup on MetaMask too.

    6. The chart does not show correctly

    If the chart does not show correctly, it means you either have cache or data is not filled up yet, try to switch to another time frame and switch back, it will automatically get the data again.

    7. What to do to receive Rose points after complete a challenge or a quiz?

    To receive points after you complete a challenge or a quiz, you need to link you email. It’s better to use Roseon account email to link with your old account.

    8. What cryptocurrency is used for collateral on RoseonX?

    Our collateral is USDC.e. Make sure you use the right one.

    9. What is the requirement when vesting eROSX?

    To vest eROSX (which mean convert eROSX to ROSX), you need to stake ROSX. For example, staking 100 ROSX give you a permission to vest 100 eROSX. Vesting eROSX does not generate rewards.

    10. Does staking ROSX, eROSX or ROLP get revenue share?

    Staking ROSX, eROSX, and ROLP will not generate USDC as reward at when we launch. After we started to get fee, USDC will be started to be distributed.

    11. I opened/closed an order, but it doesn't show

    If users open or close an order but it doesn’t show, please send us transaction hash.

    12. What is CloseDeltaTime?

    CloseDeltaTime which means the duration that you can close an order after opening it is 2 mins

    About Roseon

    Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, a one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

    Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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    Roseon Moon Mission Airdrop: Tweet, Register, Refer & Reap!

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    In celebration of our upcoming Official Release, we are thrilled to announce our airdrop campaign, an exciting opportunity to engage and earn rewards. This campaign aims to provide participants with an engaging opportunity to not only explore the platforms’ features but also earn rewarding incentives along the way.