Oasis Network is a decentralized layer 1 network established by Oasis Labs that allows for safe and private data sharing and control. Oasis seeks to power scalable DeFi and push it to the mainstream market by prioritizing use cases that improve data privacy and user anonymity.
By separating consensus and execution, the Oasis Network enables scalability and allows multiple ParaTimes to execute transactions in parallel.
ROSE is the Oasis ecosystem's utility token, and it's utilized for network consensus staking and delegation, as well as paying network transaction fees. ROSE has a current supply of 1.5 billion tokens, with a total supply of 10 billion.
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