THE ECONOMICS OF ROSEON FINANCE
Factors that remotely concern the value of a crypto token are most likely to be taken into account when considering its tokenomics.
Notably, most of the factors that make up a crypto’s tokenomics are usually found in websites like CoinMarketCap and CoinGecko, but still do verify with the project whitepaper to be sure of their precision.
Just like every Crypto project, Roseon Finance has its Utility token and the value of this utility is dependent on several factors which include;
- Supply and Demand
- The cost of mining
- The rewards issued to miners for verifying transactions to the blockchain
- The number of Competing cryptocurrencies as well as projects
- The exchanges
- Regulations governing its sale
- Its internal governance
$ROSN is the Roseon ecosystem’s utility token, which allows users who have a registered account with Roseon to engage in loyalty and rewards programs. This token comes with three benefits which include;
- Access to all of the Roseon Finance ecosystem services;
- Discounts on the Roseon platform fees;
- Tiered loyalty rewards.
TOKEN METRICS
Blockchain-BSC, ETH
Token Type-Utility
Total Supply-100,000,000
Team and advisors
From the chart above, it is seen that 20% of tokens are allocated to the team which is fair enough. These $ROSN tokens allocated to the team are fully locked for a year, then disbursed Quarterly with an increment of 25%.
Mining Rewards
About 20% of tokens are allocated to support reward programs and other promotional campaigns, in order to bring user adoption and awareness to the Roseon project. It can be in the form of liquidity or staking pools.
Partnerships and Future Reserves
About 10% each is allocated to these categories.
For partnership, 10% of tokens is allocated for strategic partnerships which may have vesting periods of up to 12 months.
Roseon Finance is looking into the long-term success of their project, and with respect to this are fully committed to the value of the utility of the token. The future reserve tokens will be used for the continued development of our application and future expansion of the business. Roseon Finance intends to continually enhance the application and realize our vision to bring mass adoption of DeFi and help people achieve the benefits of it.
Marketing and Community
Lastly, marking and community development, 20% of tokens are given to support marketing activities, such as community partnerships and loyalty programs, so as to provide opportunity for existing consumers to receive additional perks. There may be a vesting time associated with the release of the tokens, which will be introduced in a flexible manner.
Certain activities within the ecosystem reward users and provide charge reductions. Users who stake farm tokens will receive ROSN-based APY payouts. Roseon Mobile customers may also be eligible for fee savings through a variety of activities inside the ecosystem.
About Roseon Finance
Roseon Finance is a mobile multi-chain yield aggregator that aims to simplify your crypto experience by bringing DeFi to your pocket. Our hybrid solution connects centralized and decentralized financial services and serves as a gateway to DeFi, and the Roseon app was created with a customer-centric design to help onboard new users to DeFi.
To learn more;
Website: www.roseon.finance
Twitter: www.twitter.com/RoseonFinance
Telegram: https://t.me/Roseon
