ROSE coin, as the core native token of Oasis Network, its identifier is ROSE. Oasis Network is a blockchain technology platform that integrates decentralization, open source code and high scalability features. Its core competitiveness lies in the in-depth optimization of privacy protection, system security and scalability.
ROSE coin has several notable core features, including:
Privacy protection: On Oasis Network, ROSE tokens support an encrypted and private transaction environment, ensuring that users' transaction data is strictly protected from illegal prying or leakage.
Scalability: With its innovative technical architecture, Oasis Network achieves efficient transaction processing capabilities and effectively meets the challenges of high throughput requirements in the blockchain field.
Decentralized data storage: ROSE currency has a wide range of application scenarios, including providing decentralized, safe and reliable data storage services to protect user data security.
Governance mechanism: ROSE token holders can actively participate in the governance process of Oasis Network and directly affect the development direction of the network and the making of various decisions through the voting mechanism.
From the perspective of token economics, the design of ROSE currency has the following salient features:
Total supply: The total supply of ROSE tokens is set at 10 billion. This number was determined at the beginning of the token issuance to maintain the scarcity of the token and thereby ensure the stability of its value.
Circulating supply: As of now, there are approximately 5 billion ROSE tokens in circulation on the market, which means that more than half of the tokens have been distributed or traded, demonstrating the high activity and wide acceptance of ROSE coins in the market Spend.
