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How To Stake ROSE and Participate in the Oasis Network?
Here’s how to do it. First, go to The Wallet Page and click on ‘Create Wallet’ to gain access to your personal ROSE wallet. Then fund your wallet with ROSE tokens by sending your tokens to your public wallet address. Next, click on ‘Stake’ to enter the staking section of the wallet. Select a networkRead more
Here’s how to do it.
First, go to The Wallet Page and click on ‘Create Wallet’ to gain access to your personal ROSE wallet. Then fund your wallet with ROSE tokens by sending your tokens to your public wallet address.
Next, click on ‘Stake’ to enter the staking section of the wallet. Select a network validator to stake your tokens with, input the amount of ROSE you’d like to stake, and click on ‘Delegate’.
Now your staked ROSE tokens could have up to 12% APY for as long as you keep them locked in the network.
DeFi is now live on Oasis!
The YuzuSwap DEX, built by community developers, allows users to participate in liquidity pools, swap, trade, and earn rewards with high APY, while the Wormhole bridge allows to migrate assets between Oasis and some of the largest layer-1 blockchains. Head to yuzu-swap.com to learn more.
Developers interested in building on the Oasis protocol, can apply to the $200 million Ecosystem Fund or to the various accelerators running.
Visit The Oasis Website to learn more!
Oasis is accelerating the future of DeFi and you can be a part of it.
See lessHelp me with the lingo — crypto, coins, tokens, ICOs.
Crypto — umbrella term for all digital and/or virtual currencies Coins — Generally, any cryptocurrency that has its own separate blockchain Tokens — Generally, any cryptocurrency that is built on top of existing blockchain, e.g., some companies issue their own cryptocurrencies, called tokens, whichRead more
Crypto — umbrella term for all digital and/or virtual currencies
See lessCoins — Generally, any cryptocurrency that has its own separate blockchain
Tokens — Generally, any cryptocurrency that is built on top of existing blockchain, e.g., some companies issue their own cryptocurrencies, called tokens, which can be used to purchase goods or services specifically from issuing company
ICO — Short for Initial Coin Offering, this is analogous to a privately held company going public via an initial public offering (IPO)—a way to raise funds for a new cryptocurrency or expand services for existing coins
How are cryptocurrency transactions recorded?
Cryptocurrency transactions are recorded on a shared, digital ledger called a blockchain. This is decentralized technology, spread across many computers, that records every transaction.
Cryptocurrency transactions are recorded on a shared, digital ledger called a blockchain. This is decentralized technology, spread across many computers, that records every transaction.
See lessCryptocurrencies and blockchain are the same thing?
Blockchain is a type of digital ledger. A digital ledger records transaction information and then duplicates and distributes the information across the entire network of computer systems on that ledger. A cryptocurrency, on the other hand, is a digital asset that is secured by cryptography, which maRead more
Blockchain is a type of digital ledger. A digital ledger records transaction information and then duplicates and distributes the information across the entire network of computer systems on that ledger. A cryptocurrency, on the other hand, is a digital asset that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
See less