ROSE coin refers to Oasis Network's native cryptocurrency, Rose (ROSE). Here are some key details about Rose (ROSE):$ROSE
- Symbol: ROSE
- Name: Rose
- Blockchain: Oasis Network
- Total Supply: 10 billion ROSE
- Circulating Supply: 2.5 billion ROSE (as of September 2024)
- Consensus Algorithm: Proof of Stake (PoS)
- Use Cases:
- Governance and voting
- Staking and validation
- Gas fees for transactions
- Decentralized finance (DeFi) applications
Rose (ROSE) is the native cryptocurrency of the Oasis Network, a scalable and privacy-focused blockchain platform. ROSE is used for various purposes, including:
- Governance and voting: ROSE holders can participate in governance and voting on proposals for the development and growth of the Oasis Network.
- Staking and validation: ROSE is used for staking and validation on the Oasis Network.
- Gas fees: ROSE is used to pay for gas fees for transactions on the Oasis Network.
- Decentralized finance (DeFi) applications: ROSE can be used in DeFi protocols and applications built on the Oasis Network.
Please note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Additionally, the Oasis Network and ROSE coin are constantly evolving, so it's essential to stay informed about updates and developments.
If you have any specific questions about Rose (ROSE) or Oasis Network, feel free to ask!