Description
Rose is a decentralized finance (DeFi) platform on the Ethereum blockchain and Aurora that offers yield aggregation through auto-compounding vaults, simplifying DeFi investments by optimizing and reinvesting returns. Rose's platform includes a comprehensive liquidity protocol featuring a stablecoin and wrapped assets exchange and a Collateralized Debt Position (CDP) based stablecoin system. It operates the first Automated Market Maker (AMM) on Aurora for trading pegged assets with minimal slippage, and introduces Rose Dollar (RUSD), a USD-pegged stablecoin that can be minted by depositing interest-bearing tokens. This enables users to earn ROSE tokens through liquidity mining. Emphasizing security, user-friendliness, and efficiency, Rose.fi targets both novice and experienced users aiming to maximize cryptocurrency returns. As the first project incubated under NearPad, Rose seeks to achieve deep and capital-efficient stablecoin liquidity on Aurora.
Rose is a decentralized finance (DeFi) platform on the Ethereum blockchain and Aurora that offers yield aggregation through auto-compounding vaults, simplifying DeFi investments by optimizing and reinvesting returns. Rose's platform includes a comprehensive liquidity protocol featuring a stablecoin and wrapped assets exchange and a Collateralized Debt Position (CDP) based stablecoin system. It operates the first Automated Market Maker (AMM) on Aurora for trading pegged assets with minimal slippage, and introduces Rose Dollar (RUSD), a USD-pegged stablecoin that can be minted by depositing interest-bearing tokens. This enables users to earn ROSE tokens through liquidity mining. Emphasizing security, user-friendliness, and efficiency, Rose.fi targets both novice and experienced users aiming to maximize cryptocurrency returns. As the first project incubated under NearPad, Rose seeks to achieve deep and capital-efficient stablecoin liquidity on Aurora.