Oasis Network has put privacy and users’ data rights first from the beginning of their development. The Oasis Network team foresees their platform powering a better internet. We value the need for privacy in today's world and look forward to the decentralized applications built on Oasis Network.
Frequently Asked Questions
Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.
Oasis Network is a privacy-enabled blockchain platform for open finance and a responsible data economy. Oasis Network’s mainnet launched in November 2020. To learn more, please see their network primer.
New blocks on Oasis are proposed by validators. To enable Oasis to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure.
Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
By delegating ROSE, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to ROSE for some time, delegating will help you accumulate more ROSE while contributing to the health of the network.
You are not giving away ownership of ROSE by delegating. As a validator, stakefish will never have the ability to move your ROSE.
Oasis rewards are paid out hourly at the end of each epoch and are auto compounded so they won't appear directly in your wallet.
You can check the rewards on Oasis Monitor: https://oasismonitor.com/
Please understand that it takes approximately 14 days for your ROSE to undelegate and become transferable. During this time you will not earn rewards. When the process is complete, you can transfer/trade your ROSE tokens.
We charge 5% from the block rewards received by our delegators. For example, if a delegator receives 100 ROSE as a reward, stakefish will receive 5 ROSE while the delegator will get 95 ROSE.
If you have any questions about staking or our validator services, please do not hesitate to reach out to us. We are happy to talk with anyone and help navigate community members through this exciting new ecosystem.Get in Touch