Popular Altcoin Has An Important Unlock Event Today! Here are the details

According to Token Unlocks data Oasis Network (ROSE) altcoin There will be a big unlock event soon for you.

At the unlock event, which will take place today at 19:00 Turkish time, 199.5 million ROSE tokens will be released and the amount of ROSE in circulation will increase by approximately 2%.

The total market value of the unlocked ROSE tokens is approximately $15 million at the time of this writing.

Oasis Network (ROSE) Altcoin Amount In Circulation With The Last Event To Exceed 5 Billion

Currently, 4.8 billion ROSE altcoins are unlocked and circulating. This amount corresponds to 48.7% of the total ROSE supply.

However, the amount of ROSE tokens still locked was determined as 2.7 billion ROSE before the last unlock event. This corresponds to approximately 27% of the total supply. The remaining approximately 24% supply cannot be followed.

Oasis Network is a privacy-focused smart contract platform for open finance built using the Cosmos SDK. The project prioritizes applications and use cases that promote data privacy and user privacy.

Oasis Network’s main developer cryptocurrency His company, Oasis Labs, was founded in 2018 by University of California, Berkeley professor Dawn Song. The development team had raised $45 million from a16z crypto, Polychain Capital, and Binance Labs, among others, to support initial protocol development.

Since Oasis uses the Cosmos SDK, it will be able to connect to the vast ecosystem of Cosmos compatible chains when the IBC (Blockchain Communications) protocol is launched.

*Not investment advice.

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