Oasis

Oasis (ROSE) is a cryptocurrency launched in 2020. The asset serves as the native fuel for the Oasis Network, a layer-one architecture purpose-built for confidential smart contract execution and scalable privacy-preserving applications.

The network directly tackles the long-standing contradiction between blockchain transparency and enterprise-grade data confidentiality. Instead of exposing payloads to all network participants, Oasis partitions sensitive computation into trusted execution environments. The protocol houses Sapphire, the industry’s first fully private EVM-compatible runtime, and an Oasis Privacy Layer that retrofits any existing EVM decentralized application with end-to-end data secrecy. These components position the chain as a substrate for private decentralized finance, confidential AI model training, and shielded DAO governance.

The network operates on its own blockchain using proof-of-stake. A stratified design separates consensus from the execution layer, permitting multiple parallel runtimes—including the confidential Sapphire environment and the general-purpose Emerald EVM—to settle transactions under a unified validator set. Native rollup support further aggregates off-chain computations into compact on-chain proofs, compressing state bloat without sacrificing verifiability.

Sapphire delivers a confidential execution sandbox where Solidity contracts operate on encrypted state, preserving gas metering while hiding inputs, outputs, and intermediate data. The Oasis Privacy Layer extends these guarantees cross-chain, allowing Ethereum dApps to call encrypted contracts without full redeployment. While the native ROSE token anchors mainnet operations, it also circulates as a BEP-20 wrapped asset on BNB Smart Chain, widening its liquidity surface across decentralized exchanges.

The project’s mainnet activated in November 2020, emerging from a United States development nucleus. From its earliest days, Oasis attracted capital from a cohort of top-tier venture firms: Pantera Capital, Andreessen Horowitz (a16z), Binance Labs, Polychain Capital, and Blockchain Capital all hold portfolio positions, signaling institutional conviction in confidential blockchain infrastructure. No public founder identities are detailed in official repositories, but the core engineering entity is linked to the Oasis Foundation and Oasis Labs, the latter having contributed extensively to secure computing research.

The fundamental ambition of Oasis is to decouple verifiable trust from universal visibility. Marking a departure from the default radical transparency of legacy smart contract platforms, the network aims to make private state transitions a native primitive, thereby unlocking programmable confidentiality for industries—medical data exchanges, supply chain settlement, and algorithmic trading—that have remained stubbornly outside the blockchain perimeter precisely because of leakage risks.

Within the protocol’s economic machine, ROSE operates as the gas denominator across all runtimes. Every confidential computation, cross-chain privacy call, and validator vote incurs fees payable in ROSE, creating a direct demand loop. Staking ROSE determines validator weight and eligibility for block proposal duties, while governance power scales linearly with bonded stake, allowing stakers to steer the network’s evolution via on-chain referendums.

Validators lock a minimum self-bonded stake to activate a node; the protocol then issues inflationary epoch rewards proportional to uptime and correct attestations. Passive holders delegate their ROSE to elected validators, capturing a proportional share of these emissions minus a commission slice determined by the operator. Developers must also escrow ROSE as rent when deploying stateful confidential contracts on Sapphire, preventing resource squatting.

Oasis (ROSE) has a maximum supply of 10,000,000,000 tokens. Currently, 7,588,424,636 are in circulation. With a market capitalization of $77,933,522, Oasis (ROSE) ranks #342 among all cryptocurrencies.