Token Symbol: ROSE5S

Brief:

Oasis Network is a decentralized blockchain network built by Oasis Labs that enables secure and private data-sharing and control. The ROSE token is the native utility token of the Oasis ecosystem and is used for staking and delegation in the network consensus, as well as paying network transaction fees.

ROSE5S is a leveraged token that goes short on ROSE with 5x leverage, which means that for every decrease in the price of ROSE in the market, the leveraged ROSE token seeks a 5x increase in its price. ROSE5S is required to maintain its target leverage and does so through dynamic rebalancing to gain a net value increase by 5% when the price of ROSE falls 1%.

Due to such rebalancing and investment costs, ROSE5S may suffer a net value loss when the market fluctuates. Please note, AscendEX’s leveraged tokens are not suitable for long-term investment. Investors must be cautious while investing in leveraged tokens and manage their investment risks in a timely manner.

Official Website：https://oasisprotocol.org/
Whitepaper：https://docsend.com/view/aq86q2pckrut2yvq

Risk Disclosure:

Leveraged tokens differ from regular tokens for spot trading in that there is higher risk and volatility, which could bring about great returns or losses in a single day. Please learn more about leveraged tokens in our help center before making an investment.