Welcome to Stage 1 of the Rox Chain Incentivized Testnet! This guide will help you start trading on RoseonX, an AI-powered Perpetual DEX running on Rox Chain – The First Layer 3 Chain Built for On-Chain AI Inference.
A Deep Dive into Staking Programs in Roseon Ecosystem
Roseon’s staking programs provide a variety of ways for stakers to earn lucrative rewards within our thriving ecosystem. These rewards are designed to provide long-term benefits for our valued platform users.
Whether you are a novice or an experienced staker, this article will provide you with a comprehensive understanding of how our staking programs work, enabling you to fully leverage the potential of our staking programs.
Savings
You can stake ROSX in ROSX saving pools to maximize your ROSX holdings. These saving pools exclusively reward users with additional ROSX tokens.
Staking
Our staking program offers diverse mechanics and rewards to suit different preferences and investment strategies.
Mechanics
- Stake ROSX to earn eROSX and Partnered Token
- Stake ROSX to earn eROSX and 25% Fee (USDC)
- Stake eROSX to earn eROSX and 25% Fee (USDC)
- Stake ROLP to earn eROSX + 50% Fee (USDC)
Types of Staking Rewards
-
eROSX: An escrowed token is rewarded for stakers of ROSX, eROSX and ROLP. eROSX then can be staked to earn eROSX and 25% platform fees in USDC, or vested linearly over 6 months to be claimed as ROSX. It’s important to note that eROSX is not transferable.
Read more about eROSX: https://twitter.com/RoseonExchange/status/1699739562044702979
- USDC: Stakers of ROSX, eROSX and ROLP will receive shared platform revenue in USDC as rewards
– ROSX Stakers and eROSX Stakers will earn 25% platform fees in USDC
– ROLP will earn 50% platform fees in USDC
Conclusion
In conclusion, the staking programs within the Roseon ecosystem offer diverse opportunities for users to earn rewards. You can stake in ROSX saving pools to earn additional ROSX, or explore other staking mechanics and reward structures to earn eROSX tokens and platform fees in USDC. With a unique approach to rewarding stakers, Roseon aims to provide a sustainable, user-friendly, and profitable staking experience.
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
Related Articles
Getting Started with Rox Chain Testnet
Introducing Rox Chain
In the ever-evolving world of blockchain technology, innovation continues to push the boundaries of what’s possible. Enter Rox Chain, an exciting new development in the Roseon ecosystem that promises to bring enhanced scalability, efficiency, and functionality to decentralized applications and services.
DePIN Light Node Coming to Roseon App
Get ready for an exciting new addition to the RoseonApp! Next week, on September 24th, we’ll be launching the DePIN Light Node, accompanied by a brand-new XP system, bringing DePIN participation and earning chances to your fingertips.