Roseon Monthly Newsletter – May 2023

Roseon Monthly Newsletter – May 2023

Roseon Monthly Newsletter for May 2023: May was a month of hard work and preparation for Roseon, as we marked the start of a new chapter in our journey. In this update, we will take a look back at what we have accomplished in May and give you a preview of what to expect in the coming months.

roseon-monthly-newsletter-may

RoseonX Testnet Beta

Our team has been working hard to bring our Gamified DEX – RoseonX to life, and we’ve already launched it on Testnet for whitelisted users. Our team has encountered several challenges during the development process of the DEX launch on Testnet. To address these challenges, the team has been working diligently to develop robust solutions and systems that are designed to meet the demands of a high-volume, secure, and reliable exchange platform. While the development process has been lengthy, the team is confident that they will be able to deliver a successful launch, it will be a game changer in the world of DeFi.

We have 1,820 people participating in the Beta Testnet phase. However, we’ve had a whopping over 110,000 people sign up to join us in this exciting adventure. There has been a lot of positive feedback, however, some bugs have been discovered, which the team is working on flushing out. To provide our testers with the greatest experience, our development team has worked tirelessly to fix every one of them. Additionally, we also want to speed up the process so that we can launch on the Mainnet soon.

Our testers in the Beta Testnet phase will be rewarded for their hard work and dedication. There are certain requirements that need to be met in order to receive rewards from the Testnet and these requirements have been shared with our early testers in the Testnet group.

RoseonX with Its Unique Feature – Gamification

Gamification is a key feature that sets our DEX apart from others. Our team is dedicated to making DeFi fun again, and gamification is the most important part of that. Our team is doing everything in its power to make sure that the project thrives. People can trade, earn, and have fun while using our platform.

We have already built five different games within the RoseonApp, so our team knows what they’re doing when it comes to gamification. But, it’s important to note that gamification isn’t just about adding games. Gamification features allow users to earn points through games and other activities, which can then be redeemed for tokens or cash back!

We believe that adding these extra perks really adds to the overall value of our platform and makes it more enticing for users to engage and participate. Check more details on this article 👉 Roseon is Shaking Up The World of DeFi and Injecting Some Fun

Roseon Ambassador Program 2023

Roseon launched its Ambassador Program 2023 to onboard a diverse group of people everywhere who aligned with our missions “simplify your crypto journey and make crypto accessible” alongside “Make DeFi fun again”.

This program aims to spread awareness for Roseon, and provides several opportunities for individuals to participate in promoting RoseonX, RoseonApp, and future additions to the app-based ecosystem. Ambassadors will be divided into two roles: Community Ambassador and Trading Ambassador.

We have received a significant amount of applications for this program and we are grateful for the support and trust from our applicants. Each of them possesses a unique set of skills including trading, content creation, and community management… but Ten candidates who are the best fit for our mission and vision and can contribute to our project will be selected.

Zealy – Get rewarded by learning about us ✍️

In May we established a board of activities on Zealy (formerly Crew3). We want to create a place where our valued users can both have fun and earn rewards at the same time. New tasks are being updated weekly on Zealy to bring fresh and various tasks to the participants.

Besides basic tasks like inviting friends, and following our socials, we also bring other activities to introduce users to Roseon with interesting quizzes and also raise awareness about scammers in the “Be aware of scammers” stage.

Not only that, creative tasks are brought up, aiming to generate excitement and entertainment among community members. We have published lots of tasks in the “Stage 4 – Creative Corner” such as Meme Contests, Writing Content, Creating Videos, and so on.

And of course, participants are incentivized to participate in our campaign to receive XP for their submissions. The top 30 participants will share a pool of prizes worth 50,000 ROSX. So far, more than 3,000 participants have joined and actively engaged with our quest board. The higher your XP, the bigger your share of the prize pool!

AMA

We always want to keep updating our users on what’s happening behind the scenes and what we expect in the near future. Last May 18th, we held a live AMA session on Roseon Global Telegram Community to provide an overview of the current situation, and FAQs and shared some alphas.

What’s the Next Chapter in Our Story?

CEX Listing

We believe that a CEX listing is indeed a significant milestone for our project. We are constantly working to ensure that we are taking the necessary steps to make our product available to the public before we list it on any exchanges. We want to make sure that we are offering real value to our users and investors, rather than simply jumping on the hype train to get a quick return.

Headline News Update

There are some of the anticipated breakthroughs for the next 6 to 12 months:
#1. Beta Tesnet Launch for Public
#2. CEX listing
#3. Beta Mainnet Launch
#4. More games and more CEXs

That’s it for today. We hope you enjoyed this month’s newsletter. We’ll be back next month with more news and updates.

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

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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 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

Related Articles

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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

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

Related Articles

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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 Ambassador Program

Roseon Ambassador Program

Roseon is proud to present the Roseon Ambassador Program.

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

Related Articles

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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

Get Ready to Dive into High Rewards with Roseon Exchange’s Genesis Liquidity Pools

Get Ready to Dive into High Rewards with Roseon Exchange’s Genesis Liquidity Pools

Update: We have paused the Genesis Pools campaign to focus on testnet. We will resume the LP pools after testnet.

Roseon is excited to announce the launch of its Genesis Liquidity Pool (“LP”) which will start on April 18, 2023. After a successful IDO and a token migration from Binance Smart Chain to Arbitrum, Roseon Exchange is offering a unique opportunity for crypto investors to participate in a limited-time event and earn high rewards, the Genesis Liquidity Pools. The Liquidity Pools require the participants to provide liquidity by depositing USDC to earn rewards in ROSX, these rewards are vested for six months.

roseonx-genesis-liquidity-pools

Genesis LP Overview

  • Deposit: USDC
  • Rewards: ROSX, vested for 6 months
  • Number of Pools: 4 pools
  • Start Date: April 18th, 2023 – 9 AM UTC 

Genesis LP Schedule

Pool Name Pool Limit Rates (ROSX/ROLP)
Virginia Rose $0 – $500,000 USDC
VIP and RoseonPass holders have priority access
3
French Rose $500,000 – $2,000,000 USDC 2
Damask Rose $2,000,000 – $4,000,000 USDC 1.5
Beach Rose $4,000,000 – $6,000,000 USDC 1

(Updated on April 24th at 9 AM UTC)

Example: You deposit $1000 USDC into the Virginia Rose Pool, the system mints 1000 ROLP, your rewards will be 3000 $ROSX based on a reward rate of 3.

Calculation: $1000*3 = 3000 ROSX

Rewards Redemption

The redemption of ROLP for USDC will be disabled during pre-launch. Genesis ROLP holders can redeem ROLP at any time post-launch. Furthermore, investors must note that the vesting period for the Genesis Liquidity Pools Reward is six months. There will be a snapshot of ROLP balance every month to determine the ROSX airdrop.

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

PRE – LAUNCH

Time

Balance of ROLP ROSX Projected ROSX Remain

Snapshot

3000 1400 1400

(Table 1)

POST – LAUNCH

Time

 

ROLP Balance % Retaining (compared to last snapshot) ROSX Projected ROSX Airdrop ROSX Remaining
End of month 1 3000 100% 1400 233.3 (=1400/6) 1166.7
End of month 2 2100 70% 816.69 163.338 (=816.69/5) 656.352
End of month 3 1400 66.67% 437.59 109.398 (=437.59/4) 328.192
End of month 4 1400 100% 328.192 109.397 (=328.192/3) 218.795
End of month 5 1400 100% 218.795 109.397 (=218.795/2) 109.397
End of month 6 0 0 0 0 0

 

(Table 2)

Overall, the Roseon Exchange Genesis Liquidity Pools are a unique and exciting opportunity for investors to earn high rewards by investing in various pools. With the customized pools, investors can select the pool that suits their investment budget and risk appetite. With limited-time pools, investors must act fast to grab the opportunity and participate in the Genesis LP event. Join us on April 20th and get ready to experience a new level of investment opportunities with Roseon Exchange.

Roseon Genesis LP access:

  • NFT holders and VIP users: 48 hours early access – Start from April 18th 9AM UTC
  • WL users: 24 hours early access – Start from April 19th 9AM UTC
  • Public Genesis LP – April 20th 9AM UTC

Genesis Pool FAQ

How long will the USDC provided for Genesis LP be locked for?

USDC provided in Genesis LP will be recorded for approximately 6 months. Exact start dates will be provided soon.

If you withdraw a portion of your USDC during 6-month reward distribution period of Genesis pools, your ROSX reward decreases proportionally to the amount originally committed (as an example in Table 2)

If you withdraw ALL of your USDC (remove liquidity) during 6-month reward distribution period of Genesis pools, you will forfeit ALL of your REMAINING ROSX rewards.

ROSX rewards are vested monthly for 6 months.

Snapshot will be taken monthly.

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

Related Articles

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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

Chainge Finance & RoseonX Join Forces to Further Expand DeFi

Chainge Finance & RoseonX Join Forces to Further Expand DeFi

Chainge Finance has been making waves in the DeFi space since launching the most liquid cross-chain aggregated DEX. By partnering with Roseon — a top gamified derivatives exchange, we take another significant step forward in broadening our ecosystem while providing our community with yet another sought-after token: $ROSX

chainge-roseonx-partnership

One of the standout features of Chainge Finance is of course its secure self-custodial wallet. Users can now store their $ROSX tokens in this wallet, with the option to choose between two different modes: beginner and expert. In expert mode, users have full control over their seed phrase, which means that they can import it into other self-custodial wallets whenever they want. This feature gives users complete ownership over their funds, providing an added layer of security.

Chainge Finance also offers a seamless trading experience through our one of a kind cross-chain aggregated DEX. Our advanced router algo is able to aggregate liquidity from multiple chains and DEXs simultaneously, thus providing users with a great way to trade $ROSX.

Sending and receiving $ROSX is also straightforward with Chainge Finance. Users can do so via wallet address, phone number, or even Twitter handle. This feature is designed to make it easier for users to transact with one another, reducing the friction associated with traditional crypto transactions.

Finally, Chainge Finance offers a decentralized escrow module that allows users to buy goods, services, and even other cryptocurrencies OTC. This provides a secure and reliable way for buyers and sellers to transact with one another without the need for intermediaries. $ROSX can be used in this module, further expanding its utility and use cases.

In conclusion, the listing of $ROSX on Chainge Finance is a significant development for both Roseon and the broader DeFi ecosystem. With its decentralized wallet and seamless trading experience Chainge Finance provides users with a comprehensive set of tools for managing and utilizing their $ROSX tokens.

Moving forward, the Chainge x Roseon partnership will reach new heights with exciting co-integrations to come and as the DeFi space continues to evolve and mature, platforms like Chainge Finance and Roseon are poised to play an increasingly important role in shaping the future of finance.

About Chainge

Chainge Finance is a next generation DeFi app that stands as the most liquid web3 trading venue on the market. Chainge provides various crypto management tools such as a cross-chain wallet integrating 30+ EVM & non-EVM compatible chains so that users can seamlessly swap, send and receive crypto assets across networks, an Escrow Module, a top DEX Aggregator, a Futures DEX, and the very first decentralized Options DEX — all powered and secured by the innovative Fusion DCRM technology.

Website | Twitter | Telegram 

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

Related Articles

Roseon Monthly Newsletter – October 2023

Roseon Monthly Newsletter – October 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

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