A Deep Dive into Staking Programs in Roseon Ecosystem

A Deep Dive into Staking Programs in Roseon Ecosystem

by | Sep 15, 2023 | Community, Learn, Product

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-program-roseon-ecosystem

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

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Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 2023

Nov 6, 2023

October was an extraordinary month for Roseon, marked by significant milestones and exciting developments. Now let us offer you a glimpse into activities and progress we made this month.

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

Oct 19, 2023

After operating for 3 years, we have learned an important lesson: In order for our startup to thrive in the long run, we must establish a strong and resilient business model that can generate profits even in the bear market

Compete for Glory and $2,000 in ROSX in the RoseonX Testnet Trading Point Battle

Compete for Glory and $2,000 in ROSX in the RoseonX Testnet Trading Point Battle

by | Sep 11, 2023 | Announcement, Community, Featured, Product

Calling all crypto enthusiasts and traders! Brace yourselves for the thrilling RoseonX Trading Point Battle! Gear up, fasten your seatbelts, and unleash the trader within you to claim your spot in this epic battle for glory and seize the chance to win a share of $2,000 worth of ROSX!

roseonx-testnet-pnl-trading-competition

Competition Period

  • Competition Period: September 11th, 9AM UTC – September 30th, 9 AM UTC

Rules

  • Winners will be determined by trading points
  • Formula: Trading points = (1 + %PnL)*Cumulative Trading Volume*Boost
    – % PnL = (Total Profit/ Total Collateral)*100
    – Boost varies depending on points you earn by completing tasks in Testnet Trading Point Boost on Galxe.
Galxe Point Amount Boost
0-14 1
15-25 1.1x
26-40 1.2x
41-60 1.3x
61-75 1.4x
76-95 1.5x
95-124 1.6x
125 1.7x
  • Verification of tasks on Galxe will be updated daily at 5AM UTC. Last update will be on Sep 29 at 5AM UTC
  • Users must meet a minimum trading volume of $10,000 during the competition period to be eligible.
  • If two users have the same trading point, the user with the higher %PnL will receive priority ranking.
  • Ranking will be updated daily in Roseon Telegram group. All rankings are not final, until confirmed by an official result announcement from Roseon.
  • Please make sure that you use the same wallet for trading on RoseonX Beta and completing tasks in Testnet Trading Point Boost.

Example: During competition period, Trader A’s trade information is as follows:
– Total Trading Volume = $20,000
– % PnL = 300%
– Galxe Point = 50 -> Boost = 1.3x
=> Trader A’s Trading point = (1+ 300%)*20,000*1.3 = 104,000

Start Trading

Reward

Reward Pool: $2,000 in ROSX
Reward Pool Breakdown
  • For Top 10: $1,200 in ROSX 
    – 1st Place: $400 in ROSX
    – 2nd Place: $300 in ROSX
    – 3rd Place: $200 in ROSX
    – 4th Place: $100 in ROSX
    – 5th Place: $50 in ROSX
    – 6th-10th Place: $30 in ROSX
  • For All Eligible Participants: $800 in ROSX 
    – Each eligible participants will share a proportion of $800 in ROSX based on their trading points
    – Formula: Your reward = (Your Trading Points/Total Trading Points for ALL eligible participants)*800

Rewards will be distributed to eligible winners within 30 working days after the results are announced.

Terms & Conditions

  • Roseon reserves the right to adjust the Event or Event rules at its sole discretion.
  • Roseon reserves the right to the final interpretation of this event.
  • Roseon reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately, such as cheating, multi-account, etc.

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 Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 2023

Nov 6, 2023

October was an extraordinary month for Roseon, marked by significant milestones and exciting developments. Now let us offer you a glimpse into activities and progress we made this month.

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

Oct 19, 2023

After operating for 3 years, we have learned an important lesson: In order for our startup to thrive in the long run, we must establish a strong and resilient business model that can generate profits even in the bear market

Roseon Monthly Newsletter – August 2023

Roseon Monthly Newsletter – August 2023

by | Sep 2, 2023 | Uncategorized

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

roseon-newsletter-august-2023

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.

roseonx-beta-public-testnet

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.

testnet-pnl-trading-roseonx

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!

roseonx-beta-mainnet-launch

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.

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 Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 2023

Nov 6, 2023

October was an extraordinary month for Roseon, marked by significant milestones and exciting developments. Now let us offer you a glimpse into activities and progress we made this month.

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

Oct 19, 2023

After operating for 3 years, we have learned an important lesson: In order for our startup to thrive in the long run, we must establish a strong and resilient business model that can generate profits even in the bear market

RoseonX Beta Public Testnet – PnL Trading Competition

RoseonX Beta Public Testnet – PnL Trading Competition

by | Aug 5, 2023 | Announcement, Community, Featured, Product

It’s time to get involved!

RoseonX Beta Public Testnet is around the corner, and we’re thrilled to launch PnL Trading Competition with a prize pool of up to $4,000 in ROSX

roseonx-testnet-pnl-trading-competition

Are you ready to showcase your trading skills and earn exciting rewards? Register now to secure your spot in this trading competition👇

Register NOW

Event Period

  • Registration Period: August 5, 2023 9:00 AM UTC- August 30, 2023 9:00 AM UTC
  • Competition Period: August 14, 2023 9:00 AM UTC – August 31, 2023 9:00 AM UTC

Rules

  • Winners will be determined by overall % PnL during the competition period.
  • Formula: % PnL = (Total Profit/ Total Collateral) * 100%
  • Only participants who register on this form can participate
  • Users must meet a minimum trading volume of $10,000 during the competition period to be eligible.
  • If two users have the same % PnL, the user with the higher total trading volume will receive priority ranking.
  • Ranking will be updated daily in Roseon Telegram group. All rankings are not final, until confirmed by an official result announcement from Roseon.
Start Trading

Reward

Reward Pool: $1,000 in ROSX – $4,000 in ROSX
Number of participants 500 1,000 2,000
Reward Pool $1,000 in ROSX $2,000 in ROSX $4,000 in ROSX
Reward Pool Breakdown
  • 1st Place: 35% of the total rewards pool unlocked
  • 2nd Place: 30% of the total rewards pool unlocked
  • 3rd Place: 20% of the total rewards pool unlocked
  • 4th Place: 10% of the total rewards pool unlocked
  • 5th Place: 5% of the total rewards pool unlocked

Rewards will be distributed to eligible winners within 30 working days after the results are announced.

Terms & Conditions

  • Roseon reserves the right to adjust the Event or Event rules at its sole discretion.
  • Roseon reserves the right to the final interpretation of this event.
  • Roseon reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately, such as cheating, multi-account, etc.

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

Browse All Categories
Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 2023

Nov 6, 2023

October was an extraordinary month for Roseon, marked by significant milestones and exciting developments. Now let us offer you a glimpse into activities and progress we made this month.

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

Oct 19, 2023

After operating for 3 years, we have learned an important lesson: In order for our startup to thrive in the long run, we must establish a strong and resilient business model that can generate profits even in the bear market

Roseon Monthly Newsletter – July 2023

Roseon Monthly Newsletter – July 2023

by | Aug 2, 2023 | Announcement, Community

July was a month filled with progress, exciting developments, and strategic planning, all aimed at ensuring a successful official beta launch.

roseon-monthly-newsletter-june-2023

AMA with Roseon Team & Ambassadors

On July 6th, we held an exciting live AMA session on Twitter Spaces, featuring our esteemed Ambassadors. This engaging session offered our community valuable insights into our DEX Beta Testnet and provided updates on the exciting progress being made towards our Mainnet Launch. We also had the pleasure of engaging with our supportive community, answering their questions and addressing their concerns.

Following the Q&A session, we fostered an open and interactive discussion among our Ambassadors and community members, delving into the intriguing topic of which direction, East or West, will lead the next bull run.

roseon-monthly-newsletter-june-2023

RoseonX Beta Testnet Stage 2 and Stage 3 Live

Testnet Stage 2 successfully went live at the beginning of July, marking an important milestone in our platform’s development. In this stage release, we have made significant progress in improving and refining our platform. We have diligently worked to address and resolve reported bugs by our select group of early testers, resulting in a decrease in the number of issues encountered. This undoubtedly demonstrates the effectiveness of our efforts to enhance the platform’s stability and performance.

Moreover, while progressing through Testnet Stage 2, we have also started Stage 3 in parallel. This eagerly anticipated development brings a multitude of remarkable updates and enhancements, further enriching the capabilities and enhancing the user experience of our platform.

Source Code Sent to Verichains for Auditing

At Roseon, the security of our users’ assets is our top priority. We are thrilled to announce that we have taken a significant step forward in securing our platform to the utmost level by submitting our source code to Verichains, a leading blockchain security firm, for auditing.

By teaming up with Verichains and their team of skilled auditors, we are fully committed to attaining the utmost standards of security and transparency on our platform. We understand the importance of instilling confidence in our users, and this collaboration reinforces our dedication to achieving that goal. Once the audit concludes, we will unveil a new roadmap and mainnet date, ensuring a clear direction for our platform.

Dual Rewards Farming Pools

In July we’ve launched two exciting farming pools, The Haven and The Garden, on RoseonApp. These pools provide an exciting opportunity for users to stake their tokens and earn dual rewards including $ROSX.

We believe that by offering these farming pools, we can create a thriving ecosystem that incentivizes active participation and generates substantial returns for our users.

Shake The Weekend with Bobblehead Ball

We are thrilled to bring back the Bobblehead Ball game event with Shake The Weekend. Our goal is to infuse even more excitement into the community’s weekend activities. With an incredible reward pool of 1000 Roses and 500 ROSX up for grabs, this amazing game offers our users a chance to participate and collect Roses, which can be exchanged for cashback in the near future, all thanks to our unique gamification features.

The thrilling final round will be broadcast live on our Roseon Telegram group on August 4th at 1 PM UTC, which will showcase the top 5 players, each demonstrating their incredible skills. Join us in cheering on our players!

roseon-monthly-newsletter-june-2023

What’s Coming Up

RoseonX Beta Public Testnet

We are getting closer to the launch of our public Testnet! This milestone presents an incredible opportunity for you to immerse yourself in our platform and actively contribute to its enhancement. We have exciting campaigns in store for this release, so be sure to stay tuned for the official announcement!

RoseonX Beta Mainnet Launch

We have an incredible package of campaigns and surprises lined up for our community. Stay tuned for further updates, including the unveiling of a new roadmap and mainnet launch date.

We are grateful for the ongoing support and commitment from our community, and we look forward to sharing more exciting updates with you next month.

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

Browse All Categories
Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 2023

Nov 6, 2023

October was an extraordinary month for Roseon, marked by significant milestones and exciting developments. Now let us offer you a glimpse into activities and progress we made this month.

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

Oct 19, 2023

After operating for 3 years, we have learned an important lesson: In order for our startup to thrive in the long run, we must establish a strong and resilient business model that can generate profits even in the bear market