6,700 investors lock $10.5M in Oasis Network’s token-drop

6,700 investors lock $10.5M in Oasis Network’s token-drop

The token-drop for Oasis Network’s ROSE token has amassed a $10.5 million TVL and is now the second-largest offering on the U.S.-headquartered CoinList platform by number of participants. Initial token sale platform CoinList has revealed that more than 6,700 investors participated in Oasis Network’s “ROSE Garden” token drop.The ROSE Garden token drop was designed to ensure an equitable token distribution and attract robust participation from stakers for the launch of the project’s mainnet. It allowed investors to lock up to 2,000 USDT or USDC before Nov. 18 for a period of one month in....


Related News

First DEX on Oasis Network hits $100M TVL in 24 hours

The successful launch of YuzuSwap on Oasis Network suggests that demand for decentralized exchanges continues to grow following a record-breaking 2021. YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first 24 hours of operations, YuzuSwap achieved a total value locked, or TVL, of $100 million, the company reported Wednesday. Trading volumes over the 24-hour time frame reached $323 million. Within DeFi, TVL refers to the total value of....

Oasis Network mainnet launches touting privacy for loans and genomes

The privacy-focused Oasis Network has completed its mainnet launch, promising to facilitate under-collateralized loans in DeFi. Oasis Labs has announced the successful launch of its Oasis Network mainnet, with more than 70 independent validators already live.Oasis is a privacy focused Layer 1 network that claims a throughput of 1000 transactions per second designed to support decentralized applications. In June 2018, Oasis raised $45 million from crypto venture heavyweights including A16z, Binance Labs, Pantera, and Polychain. Oasis allows data to be encrypted, and for privacy policies....

Oasis Protocol Adds Shyft Network in Bid to Attract Institutions to DeFi

Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem.

Binance Labs backs $200M Oasis Ecosystem Fund

The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities. Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors were still keen to back emerging projects on alternative blockchain networks. With the investment, Binance Labs joins other prominent VC firms in supporting the Oasis Network, an alternative smart contract platform that....

Monero: The Ups and Downs of an Anonymous Currency

Anonymous cryptocurrency Monero has jumped in value over the past couple of months. More recently though, the price has declined from its highs as the community experienced unexpected rumors. Throughout this, Monero has remained a valued asset with the sixth–highest market capitalization. It also continues to have significant trading volume. The Oasis....