Oasis Network Research Hub | ROSE information, history and analysis
Oasis Network is a scalable Layer 1 Proof of Stake decentralized blockchain network that supports privacy, provides security, allows users to manage and own their data while also mining potential benefits of data. Oasis Network creates Tokenized Data, a digital asset that will enable users to control their data and earn rewards from staking. In addition, Oasis Network’s ParaTime Scaling architecture supports fast transaction speeds, high scalability, and high workloads by separating execution from consensus.
Oasis Network Token (ROSE) is the native token of the Oasis Network. ROSE is used to reward delegators and stakers, ensuring the network’s security. In addition, users can also use ROSE to pay staking fees, transaction fees, and commission fees at Consensus Layer.
Oasis launches Ethereum-compatible privacy blockchain Sapphire
Oasis has launched its confidential Ethereum Virtual Machine-compatible blockchain Sapphire.
The team said Sapphire will allow decentralized applications (DApps) to tap into improved privacy features.
Oasis Labs partners with Meta
Oasis Labs announced a new partnership with Meta, and the launch of a platform to assess fairness in Meta’s products, while protecting people’s privacy.
As Meta’s technology partner, Oasis Labs built the platform that uses Secure Multi-Party Computation (SMPC) to safeguard information as Meta asks users on Instagram to take a survey in which they can voluntarily share their race or ethnicity.
First DEX on Oasis Network hits $100M TVL in 24 hours
In its first 24 hours of operation, YuzuSwap, the first decentralized exchange operating on the Oasis Network, achieved a total value locked, or TVL, of $100 million. Trading volumes over the 24-hour timeframe reached $323 million.
Following the launch of YuzuSwap and Binance Labs’ investment in the Oasis Network, ROSE, has gained 14.2% over the past 24 hours. The token is up 43% over the past two weeks and 67% over the past month.
Oasis Foundation launches ParaTime on mainnet
Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet.
Emerald, offering full EVM compatibility, will bring a host of new features and capabilities to the Oasis Network, such as easy integration with EVM-based dApps and the launch of DeFi.
Oasis Foundation launches $160M development fund
Developer group Oasis Foundation has launched a $160 million ecosystem fund to attract new developers to Oasis Network so that they can build the next generation of decentralized applications that support DeFi, nonfungible tokens (NFTs), data tokenization and the Metaverse, Oasis Foundation announced Wednesday.