Roseon Monthly Newsletter – August 2023

August has been an eventful month, marked by major milestones and developments as we gear up for our highly anticipated mainnet launch.

RoseonX Beta Public Testnet Live

Public Testnet successfully went live in early August, marking a significant milestone in our journey. This Testnet provides users with the opportunity to explore and experiment with our platform’s features, offering us invaluable feedback to enhance the overall user experience.

👉 https://beta-dex.roseon.world/#/trade

We are thrilled to share that the response so far has been overwhelmingly positive, with only a few bugs reported. We are grateful for this positive reception and remain fully committed to continuously developing and improving our platform. Moving forward, we encourage all crypto enthusiasts to join the Testnet and actively participate in shaping the future of RoseonX.

Testnet PnL Trading Competition

To add to the excitement surrounding RoseonX Public Testnet, we launched a PnL Trading Competition. Traders and crypto enthusiasts were invited to showcase their skills, compete against fellow participants, and stand a chance to win exciting rewards. This competition not only offers an opportunity to win but also allows participants to dive deeper into RoseonX’s trading mechanisms, test various strategies, and gain a thorough understanding of its functionalities in a simulated environment.

Throughout the competition, we have witnessed impressive gains from our traders, and we are truly inspired by the commitment and drive displayed by all the traders who participated in the competition. Their unwavering determination to push the boundaries of trading excellence has set a new standard for future endeavors within the RoseonX community.

The top 5 traders, with the 1st place trader achieving an impressive 682.3% PnL, will be sharing a prize pool of $1,000 in ROSX. It’s a remarkable achievement and a testament to their exceptional trading skills.

Security Audit Update

We remain dedicated to providing a safe and secure environment for our users. As part of this commitment, our codes are currently undergoing a meticulous auditing process by Verichains. We are delighted to report that the initial response from Verichains highlighted only a minor issue, which has already been rectified. Furthermore, the second response indicated no faults. Verichains is currently reviewing the next batch of code, ensuring that it adheres to the highest standards of security and functionality.

Mainnet Launch Date Release

The moment we have all been eagerly awaiting has been announced! RoseonX Beta Mainnet Launch is set for October 16th.

We have made a strategic decision to launch in October due to several factors. These include the prioritization of stringent security measures, the assessment of favorable market conditions, and the need for effective marketing campaigns leading up to the mainnet launch.

Mark your calendars for October 16th, and get ready to embark on this incredible journey together!

What’s Coming Up

Exciting events and activities are on the horizon for September. Stay tuned for upcoming contests, trading competitions, and an AMA roadshow. We have plenty in store for you as we continue to grow together.

Together, let’s forge a path towards a successful future for RoseonX.