Roseon Genesis Liquidity Pools Launch

Name: Roseon Genesis Liquidity Pools Launch
Start: 2023-04-20
End: 2023-04-20
Location: Arbitrum

Genesis reward pools for a gamified perpetual DEX on Arbitrum.

Genesis Details
- Deposit USDC to earn $ROSX rewards (link will be provided on their socials)
  - VIP and RoseonPass holders have 2 days early access, starting April 18
- Genesis will run for 4 weeks, with each week offering a new pool
  - Week 1 pool (April 18 – 25) – $500,000 total pool limit — 3x reward rate
  - Week 2 pool (April 25 – May 2) – $2,000,000 total pool limit — 2x reward rate
  - Week 3 pool (May 2 – 7) – $4,000,000 total pool limit — 1.5x reward rate
  - Week 4 pool (May 7 – 14) – $6,000,000 total pool limit — 1x reward rate
- $ROSX rewards are vested for six months – snapshot will be taken monthly
- If you withdraw a portion of your USDC during the 6 months, your $ROSX reward decreases proportionally to the amount originally committed
- If you withdraw all of your USDC during the 6-month, you will forfeit all of your remaining $ROSX rewards

Mechanics & Features
- Roseon products include;
  - Roseon app – all-in-one crypto trading and earning mobile app with a launchpad, games and a marketplace (available on Android, iOS, web)
  - RoseonX – gamified derivatives exchange with up to 50x leverage (not launched yet)
- 3 token system – $ROSX, $eROSX, $ROLP
  - ROSX is the primary native token
  - eROSX is vested ROSX
  - ROLP is the liquidity token, representing Roseon liquidity pool assets
- Liquidity providers mint ROLP by depositing into the perpetual trading vault for traders to borrow from for their leveraged positions
- $ROSX can be staked to receive a share of the platform rewards
- $eROSX can be staked to earn rewards like $ROSX with the same reward structure
- $eROSX can be converted to $ROSX by vesting over 12 months; $eROSX staked for vesting do not earn rewards
- $ROLP holders receive a share of 50% of protocol fees
- VIP loyalty program where users are awarded points based on their $ROSX holdings, trading volume or liquidity volume over last 30 days. VIP points earned grants access to benefits such as trading fee discounts, boosted staking yield, higher launchpad allocations
- Loyalty points system where users earn Roses points for completing various activities. Roses can be redeemed for $ROSX

Tokenomics
- Token symbol: ROSX
- Total supply: 200,000,000
  - 8% — Investors (25% TGE, then 3 months vesting)
  - 20% — Old holders (100% at TGE; swapping old ROSN tokens to new ROSX token)
  - 25% — Rewards/DAO (5% TGE, then 60 months vesting)
  - 15% — Treasury (5% TGE, then 48 months vesting)
  - 12% — Partnerships/community (5% TGE, then 60 months vesting)
  - 10% — Team & advisors (12 months cliff, then 48 months vesting)
- No taxes