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

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

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

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

RoseonX Guide – Start Trading with RoseonX

RoseonX Guide – Start Trading with RoseonX

This is a simple guide on how to get started on RoseonX. The available trading pairs on RoseonX Beta Mainnet are as follows:

  • Spot Trading Pairs: $ROSX/USD, $NAKA/USD, $WINR/USD, $MYRIA/USD, $SQR/USD and $XAI/USD
  • Perpetual Trading Pairs: $BTC/USD, $ETH/USD, $ARB/USD, $BNB/USD, $MATIC/USD, $XRP/USD, $SOL/USD, $LINK/USD, $OP/USD, $CYBER/USD, $MEME/USD, $DYDX/USD, $LQTY/USD, $ORDI/USD, $1000SATS/USD, $XAI/USD and $MANTA/USD

Set up Account

Users can set up their account on RoseonX by connecting a supported wallet.

RoseonX is now live on Arbitrum and Polygon zkEVM, so make sure to switch to the chain you want to trade on.

Collateral is in USDC.e (Arbitrum) for trading on Arbitrum, and USDC.e (Polygon zkEVM) for trading on Polygon zkEVM.

    roseonx-set-up

    Open a Position

    Step 1: Choose the direction of the leverage position you would like to open: Long/Short.
    Step 2: Select an order type. RoseonX offers 4 types of order:

    • Market: Order will be executed to buy or sell at the best available price
    • Stop Market: A market order will be activated when price reaches the stop price
    • Limit: Order will fill at a set price or better
    • Stop Limit: Order combines a stop trigger and a limit order. A limit order will be activated when price reaches the stop price

    Step 3: Enter collateral amount and select leverage size.
    Step 4: Click “Long” (if you open a long position) or “Short” (if you open a short position).

    roseonx-open-position-zkevm

    Edit Collateral

    Step 1: Click the pen symbol and select the “Edit Collateral” option, then a pop-up window will show up, allowing you to either add or remove from your position’s current collateral.
    *Note: Keep in mind that when editing collateral, leverage will change.
    Step 2: Choose “Deposit/Withdraw” and enter an amount.
    Step 3: Click “Submit”.

    roseonx-open-position

    Add to Position

    Step 1: Click the pen symbol and select the “Add to Position” option, then a pop-up window will show up, allowing you to add to your current position size.
    *Note: Keep in mind that when adding to position, leverage will stay the same.
    Step 2: Enter an amount .
    Step 3: Click “Add”.

    roseonx-open-position

    Edit Stop Loss (SL) or Take Profit (TP)

    Step 1: Click the pen symbol and select the “”Edit SL/TP”” option, then a pop-up window will show up, allowing you to edit SL/TP.
    Step 2: Enter an amount.
    Step 3: Click “Submit”.

    roseonx-open-position

    Add Trailing Stop

    Step 1: Click the pen symbol and select “Add Trailing Stop”, then a pop-up window will show up, allowing you to add trailing stop
    Step 2: Enter Close Qty or choose Close percent
    Step 3: Choose to set trailing stop by “Percent” or “Amount”
    Step 4: Enter an amount in “Trailing Percent” or “Trailing Amount” box
    Step 5: Click “Add”

    roseonx-open-position

    Close a Position

    Step 1: Select the “Close” option by clicking the bin symbol.
    Step 2: Partially or fully close a position by entering “Close Qty” or choosing “Close percent”.
    Step 3: Click “Close”.

    roseonx-open-position

    X Daily 

    Step 1: Click “Check-in” for X Daily to pop up.
    Step 2: Answer quiz/play games
    Step 3: Verify to receive rewards by filling out your email address. If you are RoseonApp user, please make sure you fill out your registered email on RoseonApp to sync your Rose points.
    Step 4: Click “Get Code” and fill out the code sent to your email box
    Step 5: Click “Submit”

    roseonx-open-position

    X Challenges 

    Step 1: Navigate to the “X Challenges” box at the bottom of the right corner.
    Step 2: Click to view challenges.
    Step 3: Complete challenges and claim Rose points for $ROSP airdrop in the future (Rose points will be converted into $ROSP)

    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.

    RoseonX Mainnet FAQ

    1. I cannot close position, it says "Close Failed execution reverted: Vault: Max leverage exceeded"

    This means you are using our max leverage which is 50x. If you close partially, this can change the leverage based on your position (loss or win) and make the leverage after closing higher than 50x, so you cannot close.
    This is not a bug. This is to prevent the leverage exceed our max leverage.

    2. I cannot open new position, it says "Max OI per asset/size exceeded"

    OI means Open Interest. This is a limit liquidity that we allow to open a trade. It is to minimize the risk for the platform, and it is not a bug too.

    3. Genesis Pool LP

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

    4. What is cooldown for normal liquidity providers?

    Normal liquidity providers will have 3 days cooldown every time they mint ROLP, which means they cannot redeem ROLP within 3 days.

    5. What is X Challenges?

    We have 8 challenges available in the DEX. It will automatically track your progress. If it it not updated, try to disconnect, reload page and connect again. Make sure you sign the message popup on MetaMask too.

    6. The chart does not show correctly

    If the chart does not show correctly, it means you either have cache or data is not filled up yet, try to switch to another time frame and switch back, it will automatically get the data again.

    7. What to do to receive Rose points after complete a challenge or a quiz?

    To receive points after you complete a challenge or a quiz, you need to link you email. It’s better to use Roseon account email to link with your old account.

    8. What cryptocurrency is used for collateral on RoseonX?

    Our collateral is USDC.e. Make sure you use the right one.

    9. What is the requirement when vesting eROSX?

    To vest eROSX (which mean convert eROSX to ROSX), you need to stake ROSX. For example, staking 100 ROSX give you a permission to vest 100 eROSX. Vesting eROSX does not generate rewards.

    10. Does staking ROSX, eROSX or ROLP get revenue share?

    Staking ROSX, eROSX, and ROLP will not generate USDC as reward at when we launch. After we started to get fee, USDC will be started to be distributed.

    11. I opened/closed an order, but it doesn't show

    If users open or close an order but it doesn’t show, please send us transaction hash.

    12. What is CloseDeltaTime?

    CloseDeltaTime which means the duration that you can close an order after opening it is 2 mins

    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

    Guide to Transfer ROSN from CEXes to Metamask

    Guide to Transfer ROSN from CEXes to Metamask

    How to Create a Metamask Wallet

    1.  Download Metamask Wallet

    Go to https://metamask.io/ and click on “Download”. Choose your preferred browser or mobile application and install the MetaMask extension.

      register-roseon-app

      2. MetaMask wallet installation

      • Click on the MetaMask extension and click on “Get Started”.
      • You can either import an existing wallet using the seed phrase or create a new one.
      register-roseon-app

      3. Create a new MetaMask wallet

      Click on “Create a new wallet” and on the next window click on “I agree” if you would like to help improve MetaMask or click on “No thanks” to proceed.

      google-authenticator-roseonapp

      4. Create a strong password for your wallet.

      5. Secure your wallet with seed phrase

      Your Secret Recovery Phrase is a 12-word phrase that is the “master key” to your wallet and your funds

      Click on “Reveal Secret Recovery Phrase” 

      Write down this 12-word Secret Recovery Phrase and save it in a place that you trust and only you can access.

      Never, ever share your Secret Recovery Phrase, not even with MetaMask!

      security-verification-roseonapp

      Click on “Next”

      6. Confirm your Secret Recovery Phrase

      Confirm your Secret Recovery phrase by typing missing words in the order in which the words were presented on the previous screen. Click on “Confirm” to proceed.

      Congratulations on creating successfully your Metamask wallet

      metamask_wallet_creation

      Transfer ROSN from CEX to Metamask

        1. Change network to BNB Smart Chain 

        Click the network dropdown menu -> click the ‘Add network’ button -> Add “BNB Smart Chain

        deposit-rosn-roseonapp

        2. Import ROSN into Metamask

        Go to the ‘Assets’ tab in MetaMask and click ‘Import tokens’
        -> Paste 0x651cd665bd558175a956fb3d72206ea08eb3df5b into the ‘Token Contract Address’ field
        -> Wait a few seconds for the other fields to be automatically populated (“ROSN” for Token Symbol and “18” for Token Decimal), and then click the ‘Add custom token’ button
        -> Confirm the import by clicking the ‘Import tokens’ button

        3. Copy deposit address on your Metamask wallet

        security-verification-roseonapp

        4. Go to Kucoin/MEXC/Gate and withdraw to the address you’ve just copied

        Congratulations on sending ROSN from Kucoin/MEXC/Gate to Metamask wallet.

        deposit-rosn-roseonapp

        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

        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