"The Oasis Network is a privacy-enabled blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market.
The Oasis network’s native token, ROSE, is used to stake and to pay for transaction fees.
Proof of Stake
"Only the Top 120 Validators will participate in the consensus and receive staking rewards. The network rewards staking validators between 2.0% to 20.0% depending on the length of time staked to provide staking services on the network.
Anyone who has ROSE tokens can delegate their tokens to a top 120 validator can start earning a slice of that validator's staking rewards, based on how many ROSE tokens are delegated.
There is no minimum staking amount when delegating to a validator. You can choose the amount of ROSE to stake in your wallet. Note that a small amount of ROSE will go to transaction fees.
You will maintain self-custody of your ROSE tokens. While your ROSE are staked, you will earn staking rewards.
Rewards are given in ROSE and are received on each epoch transition which is approximately every hour.
Rewards are automatically distributed and restaked: they must be unbonded to be spendable.
The Oasis network has a 14 day unstaking period throughout which your tokens will not earn staking rewards and will not be transferable.