RoseonApp Adds Mobile Trading and Mini Games

RoseonApp Adds Mobile Trading and Mini Games

RoseonApp, a DeFi SuperApp with Perp Trading and Mini Games to Improve Token Utility and Business Model.

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. Once we have a proven and sustainable business model, we can then apply innovation. Roseon initially launched during the bull run in June 2021, experiencing robust growth and generating significant revenue and profit. Unfortunately, the following 2 years were bearish with low revenue where the entire industry witnessed the biggest crypto drought following the FTX crash. As a result, the Roseon executive team reassessed its business model and made the strategic decision to enhance our DeFi mobile app by adding perpetual exchange and a mini casino. These new features will enhance the utility of the $ROSX native token, support future ecosystem developments and thereby fortifying our business model even further.

roseonapp-mobile-trading-mini-games

The Pivot Timeline

The pivot began in early Q2 of 2023 and will take place throughout 2024. With these changes, Roseon is expected to improve its token utility, increase revenue, therefore more buybacks.

  • April 5, 2023: Roseon migrated to a new token on Arbitrum, ROSX. RoseonApp supports new tokens on Arbitrium.
  • May 12, 2023: Launched RoseonX on testnet.
  • October 16, 2023: Launched RoseonX on mainnet.
  • December, 2023: Integration with RoseonX in the mobile app to allow our 300K users to trade.
  • January, 2024: Official DEX Release.
  • 2024 and beyond: Continue to extend the trading and add gaming in RoseonApp.

Perpetual Trading

perpetual-trading

Once RoseonX launches on mainnet, integration on RoseonApp will take place immediately, this will allow our mobile users to access perp trading and to further increase TVL which translates to revenue. The integration will take place in 2 phases.

Phase 1: Integrate with RoseonX into RoseonApp, this will help increase TVL and allow mobile users to trade on our DEX, via mobile.

Phase 2: Build a native version of the mobile app to enhance user experience and to support automated trading.

Mini Games

Players can test their luck with 14 mini games, where they can win ROSES, ROSX and USDC.

The following games will be launched initially:

  • Coin Flip – A simple game of chance where players bet on whether a flipped coin will land on heads or tails.
  • DiceX – Dice is another simple game where players can select 1 to 5 faces of the dice to adjust the payout multipliers. This means that by selecting specific numbers on the dice, the player can potentially increase their winnings if those numbers are rolled.
  • MoonX – A game where players bet on the crash of a moon. The game begins when a rocket launches as the moon will rise slowly in the sky. Players can place bets on when they think the moon will “crash”. The time window for betting opens with the first player’s bet. The game is over when the moon crashes, and the players holding their bets win. The longer the moon stays in the sky, the higher the multiplier gets, increasing the potential winnings for players who hold their bets until the crash.
  • Rock Paper Scissors – RPS players compete against the house by choosing one of three options: rock, paper, or scissors. The rules of the game are as follows: rock beats scissors, scissors beats paper, and paper beats rock. If the player and the computer both choose the same option, the game is a draw.
  • Roulette – In Roulette, a spinning wheel divided into numbered pockets takes center stage. Your goal as a player is to predict which pocket the ball will land in after the wheel comes to a stop. The wheel features numbers from 0 to 36, with additional betting options for various combinations and groupings of numbers.
  • Spin2Win: A game of chance where players bet on which segment of a spinning wheel the pointer will land on.
perpetual-trading
perpetual-trading

Future Games

  1. Keno: Players need to choose 1 to 10 numbers from a pool of numbers ranging from 1 to 40. After the player has made their selection, the game will randomly draw 10 numbers from the same pool of numbers (1 to 40). The numbers drawn are the winning numbers. The player’s winnings are determined based on the number of matches between the player’s selected numbers and the numbers drawn by the game.
  2. Blackjack: One of the most popular casino card games worldwide, played against the dealer with the objective of beating the dealer’s hand without going over 21.
  3. Baccarat: A simple and straightforward card game, popular among high rollers. The objective is to correctly guess which hand will have a higher score – the player or the banker.
  4. Slots: One of the most popular games in any casino, where players insert coins and spin the reels in hopes of hitting a winning combination.
  5. Sic Bo: A Chinese dice game where players bet on the outcome of a roll of three dice.
  6. Lottery: A game of chance where players buy tickets with numbers and the winning numbers are drawn at random.
  7. Casino Hold’em: A variation of Texas Hold’em poker, played against the dealer rather than other players.
  8. Big 2: A popular Asian card game, where players try to get rid of their cards by playing combinations and following a certain set of rules.

$ROSX Token Utility

With the addition of minigames and a perp DEX, the Roseon holders will find that there are massive utilities for the $ROSX token within the Roseon ecosystem

$rosx-utitlity

Business Model

business-model-roseon

RoseonApp has 3 streams from revenue:

  • DeFi Convenience Revenue – Roseon charges convenience fees and commission when users swap, bridge or trade.
  • P2E Gaming Revenue: Roseon earn revenue through NFT sales, game credits and advertisements
  • iGaming Revenue- Roseon is the house and will earn through the house edge

Meanwhile, RoseonX earns fees from: Trading, Lending and Listing

The introduction of RoseonX and pivot by RoseonApp will bring more revenue for Roseon, which means more will be given back to Stakers, LP Providers and Treasury for buybacks. Below is a breakdown of how revenue is distributed in order to maintain a healthy and fully incentivised ecosystem.

roseon-revenue-sharing

Conclusion

Roseon’s journey from its inception during a bullish market to navigating a bearish market has led us to revamp our business model and enhance our ecosystem’s utility. Our strategic roadmap demonstrates a well-thought-out plan to strengthen our position in the cryptocurrency space. By expanding our offerings, embracing decentralization, and incorporating gamification elements, Roseon aims to provide users with diverse opportunities to trade, engage, and utilize our native token, ROSX. However, the success of this roadmap will depend on execution, market conditions, and the reception from the crypto community.

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 x Intract Mini Trading Competition

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A Deep Dive into Staking Programs in Roseon Ecosystem

A Deep Dive into Staking Programs in Roseon Ecosystem

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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RoseonX x Intract Mini Trading Competition

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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 x Intract Mini Trading Competition

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Join RoseonX and Intract on Polygon zkEVM for an exclusive event packed with rewards! Complete tasks, conquer our mini trading competition, and grab your share of 2000 MATIC, $1000 in ROSX, XPs and ROSP Airdrop points 🔥

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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RoseonX x Intract Mini Trading Competition

RoseonX x Intract Mini Trading Competition

Join RoseonX and Intract on Polygon zkEVM for an exclusive event packed with rewards! Complete tasks, conquer our mini trading competition, and grab your share of 2000 MATIC, $1000 in ROSX, XPs and ROSP Airdrop points 🔥

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

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RoseonX x Intract Mini Trading Competition

RoseonX x Intract Mini Trading Competition

Join RoseonX and Intract on Polygon zkEVM for an exclusive event packed with rewards! Complete tasks, conquer our mini trading competition, and grab your share of 2000 MATIC, $1000 in ROSX, XPs and ROSP Airdrop points 🔥

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

RoseonX x Intract Mini Trading Competition

RoseonX x Intract Mini Trading Competition

Join RoseonX and Intract on Polygon zkEVM for an exclusive event packed with rewards! Complete tasks, conquer our mini trading competition, and grab your share of 2000 MATIC, $1000 in ROSX, XPs and ROSP Airdrop points 🔥