RO

Oasis Network

ROSE
Layer 1Rank #79Oasis

$0.0128

+0.80%24h
+9.45%7d

Market Cap

$96.30M

Volume 24h

$9.70M

Vol / Market Cap

10.07%

Rank

#79

ROSE Price Chart

About Oasis Network

Oasis Network is a privacy-enabled Layer 1 blockchain for data sharing and DeFi.

Oasis Network is a privacy-enabled Layer 1 blockchain designed for secure data sharing and decentralized finance applications.

How It Works

A privacy-first Layer 1 blockchain that separates its consensus layer from its execution layer. This allows for "Private Smart Contracts" where data can be processed without being exposed to the rest of the public network.

Use Cases

Privacy-Preserving dApps: Used to secure a network that enables developers to build smart contracts that process sensitive data without revealing it to the public.

Tokenomics

Privacy-Enabled L1: Separates consensus from execution (ParaTimes). The token is used for staking and gas. It allows for "Confidential Smart Contracts" where data is processed without being visible to the public.

Risks & Considerations

High competition for "privacy-preserving" smart contract space; faces technical hurdles in developer onboarding.

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