Oasis Labs (ROSE) is a privacy-enabled, Layer 1 blockchain platform designed to restore control and ownership of data to users through confidential smart contracts. It achieves high scalability by separating computing and consensus operations into two layers, enabling multiple parallel blockchains called ParaTimes. The platform prioritizes data privacy and confidentiality, ensuring users can share data while maintaining control over it. ROSE, the native token, is used for transaction fees, staking, and delegation on the Consensus Layer.
Oasis Labs, represented by the ROSE token, is a decentralized blockchain network designed for secure and private data-sharing and control. The platform has several key use cases:
DeFi and Financial Services: ROSE is ideal for decentralized finance (DeFi) applications due to its scalability and privacy features, making it suitable for various financial services.
Data Privacy and Ownership: ROSE ensures users have control over their data, allowing them to share it on their terms. This is particularly useful in industries where data privacy is crucial, such as healthcare.
Supply Chain Management: ROSE's privacy features enhance supply chain networks by protecting sensitive data while maintaining transparency and trust.
Staking and Governance: The ROSE token is used for staking and delegation in the network consensus, as well as paying network transaction fees. Token holders can also participate in governance decisions, ensuring the network evolves in a way that benefits the community.
Decentralized AI: ROSE enables the development of confidential AI models that uphold data privacy and security.
Gaming and NFTs: ROSE ensures asset metadata protection and strategic secrecy in gameplay.
- DAOs: ROSE enables privacy in voting and governance for unbiased DAO operations and participation.
These use cases leverage the unique features of the Oasis Network, including its scalable and secure architecture, data confidentiality, and decentralized governance model.
To store Oasis Labs (ROSE) tokens, you have several options:
Binance: You can store your ROSE tokens on Binance, a centralized cryptocurrency exchange.
Ledger Wallet: Ledger supports ROSE tokens through the Ledger Live application. You can store your ROSE tokens securely on your Ledger device.
Oasis Web Wallet: The official Oasis Web Wallet allows you to store, send, receive, and stake your ROSE tokens. It runs as a web application in your browser, and your private keys are encrypted and stored locally.
Oasis Browser Extension Wallet: This wallet runs as an extension to your Chrome-based browser, providing the same functionality as the web wallet. Your private keys are encrypted and stored securely in your browser's encrypted store.
Oasis CLI: For more advanced users, the Oasis CLI allows you to manage your ROSE tokens from the command line. Your private keys are encrypted and stored in your home folder.
MetaMask: While MetaMask is not native to ROSE, it can be used to manage ROSE tokens on the Sapphire and Emerald chains. However, it cannot be used for consensus layer transactions or deposits and withdrawals to and from ParaTimes.
- Third-Party Solutions: For Android users, you can use the Kiwi Browser with the Official Oasis Web Extension Wallet to manage your ROSE tokens.
Remember to always use official wallets and follow best practices for securing your private keys and mnemonic phrases to ensure the safety of your ROSE tokens.
To buy Oasis Labs (ROSE) tokens, follow these steps:
Create an account:
- On KuCoin, create a free account and secure it by verifying your identity.
- On Coinbase, download the app and sign up with a valid ID and proof of address.
- On Pionex, register an account on the website or through the app and pass the KYC verification.
Add a payment method:
- On KuCoin, add a payment method such as a bank account, debit card, or wire transfer.
- On Coinbase, connect a payment method like a bank account, debit card, or wire transfer.
- On Pionex, choose from various payment methods including credit card, debit card, bank wire, and ACH transfer.
Buy ROSE:
- On KuCoin, select Oasis Network (ROSE) from the list of assets and enter the amount you want to buy.
- On Coinbase, search for Oasis Network and enter the amount you want to spend in your local currency.
- On Pionex, go to the "Buy Crypto" section and enter the desired purchase amount.
- Finalize the purchase:
- Review the terms of the purchase and confirm your order on each platform.
Additionally, you can also buy ROSE on other platforms like Binance, following similar steps.
