Roseon Finance Launches LP Staking with Dual Rewards

Roseon Finance Launches LP Staking with Dual Rewards

Dear Roseon Supporters,

As a mobile yield farm and staking mobile platform, our goal is to bring innovation to staking and farming, our vision is to simplify your crypto experience. Roseon Finance is proud to launch our first Liquidity (LP) Staking program to help with new projects increase token demand, token application and token liquidity.

What is Liquidity Staking?

Liquidity Staking is when a Liquidity Provider “LP” stakes its liquidity to earn additional rewards, often referred to as “LP Staking or Farming”.

What is a Liquidity Provider?

On PancakeSwap, an LP deposits liquidity into the (ROSN/BNB) pool, an LP token is minted and given to the LP. For every trade involving the $ROSN token, LP providers earn a 0.17% trading fee. To add more incentives to liquidity providers, LPs can sell, transfer, or stake their LP tokens elsewhere for additional rewards.

Benefits for LP providers when stake LP tokens:

      • LP providers can earn the trading fees for providing liquidity on PancakeSwap
      • LP providers can stake their LP tokens to earn additional rewards on Roseon Finance
      • LP providers can double their earnings with dual rewards on Roseon Finance

Benefits for Roseon Finance

      • Roseon benefits from the increased community involvement, increased token demand, increased token usage and increased liquidity. All of which is positive for the $ROSN token value.

This is the innovation behind Roseon Finance’s LP staking program, liquidity providers can now stake their LP tokens in Roseon Mobile to earn dual, yes, double rewards. This week, Roseon Finance is pleased to announce its newest LP staking with dual rewards program to support the ROSN token liquidity and give back to its loyal community members.

ROSN/BNB Pancake

      • Pool Size: 5000 ROSN/BNB LP
      • Deposit: ROSN/BNB LP
      • Subscription Period: July 15th (0 AM — UTC) — July 22nd (0 AM — UTC)
      • Term: 120 days locked
      • Total Rewards: 15 $BNB and 30,000 $ROSN

User Guide

2. Add liquidity to ROSN/BNB Pool on Pancake

      • Type the amount of token you want to supply, click Supply and Confirm Supply.
  • Go back to your MetaMask wallet, click on Assets, scroll down and click Add Token.
  • Paste this token contract address: 0x5548bd47293171d3bc1621edccd953bcc9b814cb
  • Click Next and Add Tokens.
  • Now you will be able to see your LP tokens in your MetaMask wallet. Remember they are BEP20 tokens, for the Binance Smart Chain

3. How to farm your ROSN/BNB LP tokens in Roseon App to earn dual rewards

  • In Roseon App, copy or note down your ROSN/BNB LP address
  • In Metamask, send your ROSN/BNB LP token to the Roseon LP address
  • In Roseon App, click on Invest and click Farm on ROSN/BNB LP Pool
  • In Roseon App, enter the amount that you want to farm, click Farm

*For iOS users, please refer to this article: Roseon Mobile Bug Fix for LP Tokens for iOS

Notes:

  • To participate in the Roseon pools, users stake their tokens within the app before the start date/time.
  • Once deposited into the pool, the tokens will be locked for the entire term. Rewards are accumulated and claimed at the end of the term.
  • 5% Management Fees (APR) are deducted from rewards, staked tokens and rewards are distributed back to the users
  • All deposits are locked in and reward earnings begin 00:00 UTC +7 after the subscription period. The reward will be distributed 24 hours after the pool ends.

Download the Roseon Mobile App

Google Play: https://play.google.com/store/apps/details?id=roseon.finance

App Store: https://apps.apple.com/vn/app/roseon-finance/id1559440997

About Roseon Finance

Roseon Finance ($ROSN) is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks. Acting as the gateway to DeFi, Roseon Mobile is a crypto finance app that is available on both Android and iOS and was built to help onboard new users to DeFi with its customer-centric design. Roseon has its own utility token $ROSN, with a total supply of 100 million, which is used for staking, transaction fees, and participating in tiered products and services on its mobile app.

Website | Medium | Twitter | Telegram

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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Roseon Finance Collaborates with ChainGuardians

Roseon Finance Collaborates with ChainGuardians

Roseon Finance is pleased to announce its collaboration with ChainGuardians; a blockchain meets superheroes gaming ecosystem which combines traditional gaming concepts with blockchain technologies. Under the terms of the partnership, Roseon will integrate ChainGuardians’s $CGG token and Art into its mobile app; and ChainGuardians will integrate the Roseon Mascot as a character inside the RPG game, integrate $ROSN into the NFT mining, and create a Roseon collection in CGG’s Art Gallery.

ChainGuardians has been known for their eclectic universe of superheroes and their variety of games that integrate NFT mining, RPG, and PVP, which is an ideal partner that we are excited to partner with. This collaboration is another example of how Roseon facilitates attractive opportunities for the community and app users and also provides the $ROSN utility token with another strategic platform as we continue our roadmap journey.

About ChainGuardians

ChainGuardians is a blockchain meets superheroes gaming ecosystem which combines traditional gaming concepts with blockchain technologies. As well as boasting the world’s first NFT Mining Platform and interoperable RPG, ChainGuardians also merges awe-inspiring artwork with imaginative storytelling. ChainGuardians amalgamates the juxtaposing concepts of play-to-earn and free-to-play through a balanced in game ecosystem; enabling users the opportunity to make key decisions through governance.

Website | Twitter | Telegram | Discord | Instagram

About Roseon Finance

Roseon Finance ($ROSN) is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks. Acting as the gateway to DeFi, Roseon Mobile is a crypto finance app that is available on both Android and iOS and was built to help onboard new users to DeFi with its customer-centric design. Roseon has its own utility token $ROSN, with a total supply of 100 million, which is used for staking, transaction fees, and participating in tiered products and services on its mobile app.

Website | Medium | Twitter | Facebook

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We’re Hiring Social Media Manager

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Roseon Finance is a mobile yield aggregator that manages your crypto + NFT portfolio and optimizes yield across DeFi and CeFi networks.

Job Title: Social Media Manager

Salary: Competitive salary

Send your application to: [email protected]

Roseon Finance is looking for a Social Media Manager who is capable of managing social media content and enthusiastic in crypto.

Desired qualification

 

Responsibility

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

 

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Roseon Community Newsletter -July 2021

Roseon Community Newsletter -July 2021

General Update

This is the first full month for Roseon App and what a month it has been! The success of our app has been very positive and since its launch on June 2, 2021, we have garnered approx 5000 users and with a total TVL of 2M. We also listed on Kucoin to provide additional liquidity to our token. Whilst the market has not been performing particularly well, we remain optimistic and remain focused on delivering on our roadmap which is ahead of schedule.

Staking Programs

To date, we have launched 5 pools for $ROSN, BNB and MATIC tokens and all were fully subscribed. These programs offered APY as high as 170% and were from 1 month to 2 months in duration. Our users have asked for an even longer term $ROSN staking program and this will be introduced in July 2021.

$ROSN Staking on Rage.Fan

We partnered with Rage.Fan and launched an NFT Staking Reward Program where $ROSN holders can participate in the world’s top leagues like ⚽ UEFA EURO 2020 and Basketball NBA Playoffs 2021 and earn rewards. [Article]

Dual Rewards

Roseon Finance is excited to announce its newest, single token staking with Dual Rewards Farming Program. This program allows stakers to earn dual rewards, in their project tokens + $ROSN tokens. Roseon recognizes that following any IDO and DEX launch, new projects face the following problems while the team builds its product according to its roadmap timelines :

The Roseon dual rewards farming program allows investors to support these new projects and hold their new project tokens whilst at the same time to be rewarded while they patiently wait for the team to build its product. [Article]

New Listings

Roseon Finance recognizes that with thousands of tokens whizzing around in the crypto sphere, it can be a very daunting task for users to analyze and assess all the options and decide which offers the best investment potential whilst minimizing risks.

Roseon is proud to announce that the platform now supports 5 additional cryptocurrencies within its mobile app, LINK, UNI, CAKE, ADA and DOT. [Article]

VIP Program

The VIP program is a way of rewarding our loyal token holders by boosting their rewards when they participate in our Savings, Farming and future developed products. The program consists of 5 VIP levels, where each level requires a larger amount of $ROSN token holdings than the previous, see full article.

Kucoin Listing

On May 8,2021, $ROSN listed on Kucoin and held a trading competition to share $30,000 in $ROSN. The competition took place over a course of 7 days. $ROSN token achieved an average daily volume of $1.29M.

Community & Partnerships

The team remains active, here were some of the community activities and partnerships that took place in June:

Ambassador Program

We launched an Ambassador Program and the response exceeded our expectations with 45 members and counting. The program is designed exclusively for Roseon enthusiasts around the world who want to promote our project in their communities.

Ambassadors will play an important role in adding value to Roseon Finance by bringing our project to more people and will have an opportunity to become a leader of your community by being creative in helping to build and engage your community as well as taking the initiative in providing feedback, contributing to ideas, and making suggestions on how to grow the community and have priority access to the latest news about Roseon Finance. [Article]

Revised Roadmap

Roseon is well ahead of schedule in its roadmap journey. We recently revised our roadmap to reflect upcoming initiatives which will include a Polygon integration and Multichain integration within Q3 this year for our mobile app.

Perhaps the most exciting change is that the team is now also working on a Launchpad — Roseonpad — scheduled to be launched later this year. This will allow Roseon users to participate in special offerings for project tokens which are not widely available. This launchpad is being refined and will be integrated with our VIP tiering such that high tier members will be able to receive higher allocations relative to other VIP tiering bands.

People

Susan Pham recently joined Roseon as its newest member leading our communities. She began her journey in the field of financial services application and has 5 years of experience in business, partnerships and market development for fintech and blockchain companies.

Closing Thoughts

There are a lot of other exciting initiatives underway and the team is delivering and meeting our timelines and roadmap milestones ahead of schedule. We believe the market is in a temporary downturn though Roseon is well positioned with a strong product, strong partnerships and strong supporters that position us well. We believe in the long term prospects and opportunities and remain committed to continue to innovate and bring new products and services to our users in line with our mission.

Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook

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