Oasis Network’s ROSE Garden Token Drop: A Successful Launch with 6,700 Investors

Introduction to the ROSE Garden Token Drop

The Oasis Network recently made waves in the crypto space with the launch of its ROSE Garden token drop, attracting over 6,700 investors eager to get in on the action. This innovative token distribution was not just about numbers; it aimed for an equitable sharing of tokens while inviting enthusiastic participation from stakers to catapult the project into its mainnet launch. Talk about a token party!

Participation Details

Investors had the opportunity to lock up to **2,000 USDT or USDC** prior to November 18, with the magical date marking the beginning of a month-long wait for the soon-to-be-released ROSE tokens. It turns out that waiting can be worth it—just ask the 6,700+ participants who jumped at the chance! And with a total value locked of over $10.5 million, Oasis ranks as the 32nd-largest DeFi project by Total Value Locked (TVL), according to DeFi Pulse. So, how’s that for ROI?

Privacy-Centric Network

At the core of Oasis is its promise of privacy. Designed to support decentralized applications and confidential computing, it aims to empower users with control over their data. Imagine the possibilities for undercollateralized DeFi loans and secure analysis of genomic data—all thanks to these nifty features!

The ROSE Cultivation Program

Now, not all the fun ends here! Following the distribution of ROSE tokens on **December 15**, holders have the chance to lock their tokens in the **ROSE cultivate** staking program until **May 15, 2021**. And here’s the kicker: CoinList will take a 10% fee on staking returns. So while the stakers plant their seeds, CoinList is busy raking in the compost… ahem, I mean, fees!

A Community of Delegators

The ROSE cultivate program is already buzzing with over **3,000 delegators** from more than **100 countries**—a true international gathering of the staking faithful. CoinList’s token drop also marked the platform’s second-largest offering, just behind the Dapper Labs’ FLOW sale, which pulled in over **12,500 investors**. Oasis is definitely paving its own path in a competitive landscape.

A Successful Mainnet Launch

On **November 19**, the Oasis Network celebrated its official mainnet launch, marking a significant milestone for this privacy-centric solution. With so much potential and innovation, the ecosystem promises to continue pushing boundaries. Who’s ready for a DeFi revolution?