ROSE3SPrice

(ROSE3S)

The search results did not provide specific information for a crypto or Web3 project with a token explicitly named 'ROSE3S'. However, the searches predominantly identified 'ROSE' as the native token of the Oasis Network. It is possible that 'ROSE3S' might be a variation, a leveraged token, or a different project not extensively covered in the initial search. The Oasis Network is a Layer 1 blockchain platform established by Oasis Labs in 2018, with its mainnet launching in October 2020. It is designed to offer a scalable and privacy-enabled foundation for the next generation of the internet, known as Web3. The network aims to support a diverse range of applications, including decentralized finance (DeFi), gaming finance (GameFi), non-fungible tokens (NFTs), the metaverse, and decentralized autonomous organizations (DAOs). A key feature of the Oasis Network is its architecture, which separates consensus and execution into two distinct layers: the Consensus layer and the ParaTime layer. This design is intended to enhance scalability and versatility by allowing multiple transactions to be processed in parallel. The native token of this network is called ROSE. The name ROSE was chosen to reflect the network's focus on information security, data privacy, and confidentiality within the Web3 and AI spaces, drawing inspiration from historical associations of roses with secrecy. The ROSE token serves several essential functions within the Oasis ecosystem. It is utilized to pay for transaction fees across the network, and for staking and delegation activities at both the Consensus and ParaTime layers. Holders of ROSE tokens can also engage in network governance, participating in voting on proposals that guide the network's future development. Staking ROSE tokens allows users and validators to contribute to the network's security and decentralization, and in return, they can earn rewards. The Oasis Network also provides a ROSE Wallet for managing digital assets. The total supply of ROSE tokens is capped at 10 billion, with approximately 1.5 billion tokens in circulation at the time of the mainnet launch in November 2020. While one search result mentioned a generic "Rose" coin on the Solana blockchain with no official description, and another referred to a distinct "Roses Token (ROSES)" on Ethereum, specific details regarding 'ROSE3S' as a unique token or project were not found. Learn more

--

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.