RoseonX Trading Competition: Trade Crush – Chase GOAT Status with Reward Pool of up to $30,000

RoseonX Trading Competition: Trade Crush – Chase GOAT Status with Reward Pool of up to $30,000

In celebration of RoseonX Beta Mainnet Launch, we are thrilled to announce our epic mainnet trading competition, RoseonX Trade Crush with a massive reward pool of up to $30,000 USDC.

Get ready to showcase your skills, experience, and trading prowess as we bring you a trading competition like no other. Be among GOAT traders who will set new standards of excellence and make a mark in the trading community. Are you ready to crush the trades and seize your chance to win big?

roseonx-trade-crush-competition

Competition Period: 

  • Competition Period: Oct 20th 9AM UTC – Nov 10th 9AM UTC

Trading Pairs 

  • Perpetual Trading Pairs:

    $BTC/USD, $ETH/USD, $ARB/USD, $BNB/USD, $MATIC/USD

How to Participate

  • Trade on RoseonX Beta Mainnet: https://dex.roseon.world/#/trade
  • Once you meet a minimum trading volume of $10,000 on RoseonX Beta Mainnet, click “Register” to be eligible in the competition

Rules

  • Winners will be determined by overall % PnL during the competition period.
  • Formula: % PnL = (Total Profit/ Total Collateral) * 100%
  • Total Trade Volume = Opening Size + Closing Size
  • Position Size = Collateral*Leverage
  • Users must meet a minimum trading volume of $10,000 before Nov 10th 9AM UTC to be eligble.
  • If two users have the same % PnL, the user with the higher total trading volume will receive priority ranking
  • Competition leaderboard is updated here: https://dex.roseon.world/#/trading-competition
  • All rankings are not final, until confirmed by an official result announcement from Roseon.

Reward

Reward Pool: $4,000 USDC – $30,000 USDC
Number of eligible participants 800 2,000 3,000 6,000
Total rewards pool (USDC) $4,000 $10,000 $15,000 $30,000
Reward Pool Breakdown
  • 1st Place: 30% of the total rewards pool unlocked
  • 2nd Place: 25% 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
  • 6th – 10th Places: 2% of the total rewards pool unlocked each

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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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

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

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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RoseonX Beta Public Testnet – PnL Trading Competition

RoseonX Beta Public Testnet – PnL Trading Competition

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👇

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.

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

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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

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ROSX Migration Guide

ROSX Migration Guide

Update: Migration portal is closed. If you need help with migration, please send an email to [email protected].

Purpose:

The purpose of the document is to migrate $ROSN tokens to the new $ROSX token.

Background:

On January 10, 2023, we announced the introduction of RoseonX, a new Gamified Derivatives Decentralized Exchange. After witnessing the collapse of big platforms such as FTX, DeFi protocols like LUNA, BlockFi, Celcius, and many others, we saw an opportunity to fill a gap in the market by expanding our Dapp-based ecosystem with a Perp DEX.

RoseonX will bring more utility to our native token and give power back to our community through a fair governance model. We will also be migrating our entire ecosystem to Arbitrum, the fastest DeFi chain with a thriving community. With any new platform expansion, we will need more funding to support the DAO, marketing, development, and growth efforts. The introduction of a new token ($ROSX) with new tokenomics will help us address these needs without the need for VC funding and provide the project with long-term sustainability.

Check the RoseonX Whitepaper v2 for more details on the new DEX.

    ROSX Tokenomics

    roseon-new-ecosystem

    Migration Overview

    Migration Timeline

    All trading on CEXes and DEXes for $ROSN will suspend on March 28 at 9:00 AM (UTC) and migration will happen on April 5 at 9:00 AM (UTC)

    RoseonX_timeline

    Migration Summary (Updated April 18, 2023) 

    • March 28, 2023, 9:00AM (UTC) All CEX/DEX trading will suspend for $ROSN token
    • April 5, 2023, 9:00 AM (UTC) is the official migration date and time.
    • The token swap ratio is 1 $ROSN for 1 $ROSX.
    • Tokens held in RoseonApp including tokens being staked, farmed, unstaked will be swapped automatically. You DO NOT need to do anything in the RoseonApp.
    • After in-app migration is completed (9 AM UTC on April 5), you cannot transfer ROSN to RoseonApp for automatic migration anymore (https://t.me/Roseon/470281/516998). Kindly migrate through our Migration Portal instead.
    • The deadline for the Migration is 9 AM UTC May 31st.
    • Tokens held in CEXs (Kucoin, Gate, MEXC) you must withdraw your $ROSN tokens, you can store them in your RoseonApp wallet or MM wallet. Centralized Exchanges will cease trading of $ROSN token on March 28.
    • Tokens held in Metamask wallet, you will need to use the Migration Portal to manually swap your tokens.
    • LP tokens on PancakeSwap need to be removed manually from LP before March 28th 9:00 AM (UTC). If you have LP tokens in RoseonApp, please withdraw the LP tokens from the App, and remove your liquidity manually on PancakeSwap.

    Migration Guide For MetaMask Wallet Users

    Please follow the following steps to migrate your $ROSN tokens to $ROSX through our Migration Portal (migrate.roseon.world)

      1. Go to the migration portal: migrate.roseon.world

      roseon-roadmap

      2. Connect to your Meta Mask wallet

      roseon-roadmap

      3. Enter the amount of $ROSN to convert

      roseon-roadmap

      4. Convert $ROSN to $ROSX

      roseon-roadmap

      5. Your migration was successful.

      Add the new token to your Metamask wallet to view your $ROSX balance.

      ROSX Token Contract: 0xd6c0156E85deCdF2983c7A2c4A3015eD268d6f8A

      roseon-roadmap

      Migration FAQ

      1. How will the migration work with ROSN staked in RoseonApp?

      All of ROSN (staked or unstaked) in RoseonApp will be migrated automatically.

      2. Are ROSN in exchanges and external wallets migrated automatically?

      Only $ROSN in RoseonApp will be migrated automatically. For $ROSN tokens held on CEXs such as Kucoin, Gate and MEXC, you will need to send your tokens to the the RoseonApp for auto migration or send them to your own MM wallet for manual migration using the migration portal.

      Kindly note that you cannot transfer ROSN to RoseonApp for automatic migration after in-app migration is completed (9 AM UTC April 5).

      3. What is the conversion rate?

      ROSN will be migrated to ROSX at the ratio 1:1.

      4. What is the migration portal link?

      It’s migrate.roseon.world, but it’s not live yet. Kindly follow our social channels to get updated as soon as possible

      ⏩ Twitter @RoseonExchange

      5. When will the migration take place?

      April 5, 2023. Check our Twitter page for up-to-date details.

      6. What happens if I miss the migration and $ROSN was delisted?

      CEXes will suspend $ROSN trading but you have 2 months to withdraw your tokens from the exchanges. Our Migration Portal will be available until 9 AM UTC of May 1st, so we encourage all of our ROSN holders to complete their migrations before the deadline to avoid any potential inconvenience.

      7. Why increase total supply?

      #1  With expanded line of products, we need funding to support the expansion of our ecosystem, the funds are for rewards, marketing, liquidity, DAO and future tier 1 investors, specifically exchanges.

      #2 The circulating supply remains the same. The supply increase does not have an immediate impact, they are slowly released into circulation. Current supply remains the same and therefore price and market cap stays the same. But the new DEX provides revenue opportunities and brings fire back to the project.

      8. What are ROSX’s utilities?

      ROSX’s utilities can be found at RoseonX Whitepaper.

      9. Where can I read the Whitepaper for RoseonX?

      Here is the link: https://roseon.gitbook.io/roseon-whitepaper-2.0/

      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.

      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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      RoseonX: A Decentralized Spot & Perp Exchange

      RoseonX: A Decentralized Spot & Perp Exchange

      A lot has been happening in the crypto space since the bear market started in November 2021. We have witnessed the collapse of big platforms like FTX, high-yield DeFi protocols like LUNA, big VCs like 3AC, and many others.

      Recently rumors of DCG and Genesis being bankrupt have been floating around.
      With all these negative sentiments flowing in the market, it is not difficult to say that the coming days for investors and retailers will be harsh.

      We care about our users, and we want to take a step in the direction of safeguarding our users, their funds, and their trust.

      With the recent developments and FUD going in the markets, Roseon has decided to expand its ecosystem.

      We want to bring more utility to our native token and give more power back to the community and our users.

        THE ROSEONX EXCHANGE PLATFORM

        Everyone knew Roseon Mobile as a one-stop crypto lifestyle app with LaunchPad, DeFi, and Play-To-Earn Games till now.

        But now we have decided to launch our decentralized exchange platform, RoseonX.

        roseon-new-ecosystem

        We are not doing it for our own motives; decentralized exchanges are the need of the hour. Users have lost confidence in centralized exchanges after the FTX collapse.

        If you think rationally, would you want to put your funds in a centralized exchange where you lose all your funds if something happens?

        DEFINITELY NOT.

        It happened during the FTX collapse; many investors lost their money and still struggled to get back their hard-earned money.

        If you move further back, what happened to LUNA? Millions of users who invested because of the unsustainable high DeFi yields were REKT.

        Decentralized Exchanges (DEXs) are the future. Here’s how the RoseonX will benefit you:

        1. Self Custody Of Your Assets

        Not your keys, not your crypto, is the general rule of DeFi.

        DEXs are non-custodial and stick to this idea, allowing users to exercise self-custody.

        In a nutshell, The RoseonX users will have 100% control of their private keys and hence actual ownership of their assets.

        This means no one can freeze your account or run away with your money.

        2. Reduced Transaction Fees and Quick Trade Execution

        Decentralized exchanges minimize the need for intermediaries, resulting in lower total transaction costs. With the AI trading bots and delegated wallet technology, trade executions can be automated and are super fast.

        3. Less Censorship

        Users benefit from privacy and anonymity since decentralized exchanges do not need clients to fill out know-your-customer (KYC) forms. Because DEXs are not censored, more cryptocurrencies and digital assets are available than through a CEX.

        In reality, several Altcoins are exclusively accessible on DEXs.

         

        Advancements For The Future

        We want to be completely transparent with our community.

        Due to the high demand for DEX, if we take this opportunity to build a helpful and practical DEX for the community, we can cater to the masses, and that’ll help Roseon to generate more value and revenue to the community.

        We want everyone to benefit from this crypto revolution and simultaneously build a long-lasting business.

        The community will get a fully decentralized exchange with spot and derivatives trading with leverage up to 50x, and with the number of users in our database, a lot of our users and other crypto enthusiasts will be able to safeguard their funds.

        The Roseon Ecosystem

        Roseon Mobile will remain the DeFi aggregator, with forthcoming integrations with additional derivatives trading platforms such as Ribbon Finance, DYDX, lending integration with Aave, but its top priority is integration with RoseonX services to extend the RoseonX trading platform to mobile users.

        A complete end-to-end service platform

        With the introduction of RoseonX improves Roseon’s business model by providing a complete end-to-end service offering. Starting with incubation, token launch, to providing token utility through staking and gaming, and lastly, offering token listing and liquidity management services.

         

        roseonx-diagram

        The $ROSN token will be replaced with a new governance token, $ROSX, with new tokenomics to reflect the added services to the ecosystem.

        Do not panic if you hold $ROSN tokens; your funds are safe and will be converted into $ROSX when it is launched.

        The primary goal of $ROSX is to strengthen our core foundation and build a community of loyal users through the DAO.

        We’ll provide you with the new tokenecomics and migration details for $ROSX in the coming weeks.

        Technical Roadmap

        As you know, we consider our users when we make big decisions.
        Moving forward in 2023, we aim to:

        • Migrate from $ROSN to $ROSX
        • Alpha Release the DEX with liquidity programs and exchange
        • Launching liquid staking pools
        • Improved user experience features such as trailing stop-loss, AI trading bots and delegated wallet for fast trade execution

        Below is a snapshot of the RoseonX roadmap for 2023.

        roseon-roadmap

         

        To Summarize

        We understand this is big news for our users. However, as the industry is still evolving, we must keep ourselves updated with the latest trends to maintain users’ trust and safeguard them in adverse situations.

        This shift towards DEX is one of those steps that we have to take for the betterment of everyone. As a byproduct of this cause, we’ll be able to make Roseon sustainable in the long run.

        The essential point is that DEXs provide all of the same services as centralized exchanges, but anonymously and in a trustless manner.

        We’ll keep you updated on the progress.
        Till then, join our upcoming allowlist for $ROSX.

        About Roseon

        Roseon is your one-stop crypto lifestyle app with LaunchPad, DeFi and Play-To-Earn Games. We got selected as one of the Top 9 stars in BNB Chain Web3 Stars Accelerator Vietnam.

        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, and with our metaverse – WeeeLand Social. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

        Website | Twitter | Litepaper | Telegram Discord | Facebook

        Learn more about us: Website | Twitter | Litepaper | Telegram | Discord | Facebook

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