Oasis Oasis Staking Guide: Stake Oasis (ROSE) with Ledger

<p>In this article we will walk you through how to delegate ROSE tokens with a Ledger using <a href="https://anthem.chorus.one/oasis/staking">Chorus One’s Anthem</a> platform. Anthem enables ROSE holders to transfer and delegate their tokens to earn staking rewards up to 15% APY. <br></p><p>Before you start:</p><ul><li>Download and install the newest version of Ledger Live on your desktop.</li><li>Install the latest version of the Oasis App on your Ledger device.</li></ul><h3 id="step-1-sign-in-to-anthem-using-ledger">Step 1: Sign in to Anthem using Ledger</h3><p>After setting up your Ledger and installing the latest Oasis App, go to<a href="https://anthem.chorus.one/oasis/staking"> Anthem platform</a>. Click the "Connect" button in front of the Oasis network and select the "Sign in with Ledger" option.</p><figure class="kg-card kg-image-card"><img src="https://lh6.googleusercontent.com/WWdzAlLnZxVFifR3kK7NyLEfMaBA-MLTcF-ZLSRMDTz71ek-xB8D41CiyRvPCf5z4_xK6tnn5RwEOEm1o8yAmfU89NYv7xwaxmgrLhJEo9W55t0oEAttFfCPLup5MME7yumMr-6z" class="kg-image" alt></figure><p>Plug in and unlock your Ledger device. Open the Oasis app and click ‘Connect’.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/TAGw1uqClz32Nc7ar9_dG5Mu6Wlq6waqrApFSCh5ZiuD-oR7nYG9OCKr47QXCP6F1Rk3Wcj-bXxwEpIpsF_cND1i0KM2Cnpft8FN44smeWQOl-VgND5kpdz2OvjW4zUwvCQ2Ta-r" class="kg-image" alt></figure><p>After successfully connecting your Ledger you will be able to see your account information on the dashboard.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/Zjm3d6i0IA8BGSSOAcjqyd80vEhOj0ckM9giWsGM35LB7_ha_B2LPtsTjbxf4VJ4M3b_XgL2iEl8xleWYzIMNk-dOKYG1d0VuSFJsDe9EpHoHrhv5v3uv0HAf7vidORhTsxJc9F7" class="kg-image" alt></figure><h3 id="step-2-stake-your-rose-tokens">Step 2: Stake your ROSE tokens</h3><p>We are now ready to stake! Check the available balance on the right side of the dashboard and click “Stake”. </p><blockquote> You will need to have a minimum of 100 ROSE in order to stake</blockquote><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/hwNydph_bqa0EDggNR-MeAKTuCGmlv4YT_Xy9dl2PZYkzku7ZE7rxjbWUNvq5a9qrbDqjaVQyJVE835oc9fLxWSd_oDEOdFPSbpg12J1Xcum9dVQfsEI-fw8FZbd1ujsfKH7jvE5" class="kg-image" alt></figure><p>Select P2P Validator from the list of validators. Enter the amount you want to stake and click “Generate My Transaction”.</p><figure class="kg-card kg-image-card"><img src="https://lh3.googleusercontent.com/Lb0KtC8bPrbyp0MvcjoIrsoy6VOPJ5uGY9UkKOGymrGmBlNLTqYE3T2OtnDSltQx-QuRW3wtS1JZcqdY-RnecVEZnn7aR4OYtx8GG6zZ-PvLELUuzmb_nU-jhS7rdmDrwTc1DzLS" class="kg-image" alt></figure><p>Click "Sign Transaction" and approve the transaction on your Ledger device. Once confirmed on your ledger it will take a few minutes to confirm your transaction and once it’s done you will see the following message: “Congratulations! You are now a staker of ROSE.”</p><!--kg-card-begin: html--><div class="note-card"> <strong>Oasis (ROSE) Staking FAQ:</strong> <ul> <br /> <li>The current ROSE staking APY is approximately 15% per year.</li> <li>Rewards are added up to the staked amount every epoch and can be claimed manually by initiating unbonding.</li> <li>The Oasis network has a 14 day unstaking period throughout which your tokens will not be transferable. </li> <li>You need to have some funds remaining on your account while staking to ensure you can cover transaction fees.</li> </ul> </div><!--kg-card-end: html--><p>Oasis protocol is a decentralized privacy-preserving platform for cloud computing that allows safe data sharing and ownership enabling computationally complex applications. For more information on Oasis and staking ROSE, refer to our <a href="https://economy.p2p.org/oasis-brief-overview/">Oasis (ROSE) Network Overview</a>. </p><p>For support related inquiries, please visit our <a href="https://help.p2p.org/en/articles/5161651-oasis-rose-staking-faq">Oasis (ROSE) Staking FAQ</a> or contact our team via the chat function.</p><h3 id="useful-oasis-resources">Useful Oasis resources</h3><p>Website:<a href="https://www.oasislabs.com/"> https://www.oasislabs.com/</a></p><p>Github:<a href="https://github.com/oasislabs"> https://github.com/oasislabs</a></p><p>Docs:<a href="https://docs.oasis.dev/overview.html#what-is-oasis"> https://docs.oasis.dev/overview.html#what-is-oasis</a></p><p>Whitepaper:<a href="https://docsend.com/view/grdq39h"> https://docsend.com/view/grdq39h</a></p><p>Non-tech paper:<a href="https://docsend.com/view/5uuhcj3"> https://docsend.com/view/5uuhcj3</a></p><p>Blog:<a href="https://www.oasislabs.com/blog"> https://www.oasislabs.com/blog</a></p><p>Oasis Network explorer: <a href="https://oasisscan.com">https://oasisscan.com</a> <br></p><p>Oasis wallets:</p><p>Web — <a href="https://anthem.chorus.one/oasis/staking">https://anthem.chorus.one/oasis/staking</a>  (Ledger support only)</p><p>Web — <a href="https://oasis-wallet.rockx.com">https://oasis-wallet.rockx.com</a> (Ledger support only)</p><p>iOS or Android — by Bitpie</p><hr><p><em><em>Want to stake Oasis with us? </em>Paul <em>will be happy to help. Contact</em></em> <em>p.pavlov<em>@p2p.org</em></em> <em><em>to get personal assistance.</em></em></p><hr><h3 id="about-p2p-validator">About P2P Validator</h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than 3 billion USD value from over 10,000 delegators across 25+ high-class networks. P2P Validator invested its own funds in Oasis and intends to support the network in the long term. Our team has close connections with the Oasis team and we have participated in the incentivized testnet since the beginning.</p><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/oasis?utm_source=blog&amp;utm_campaign=oasis_staking_guide"> https://p2p.org</a>/</p><p><strong>LinkedIn</strong>: <a href="https://www.linkedin.com/company/p2p-org/">linkedin.com/company/p2p-org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></p>

Pavel Pavlov

from p2p validator

Oasis Oasis - Network Overview

<p>Oasis protocol is a decentralized privacy-preserving platform for cloud computing that allows safe data sharing and ownership enabling computationally complex applications. Oasis provides confidentiality at every layer of the protocol. The network is secured by proof-of-stake where the rectitude of validators responsible for consensus and nodes providing computations is provided by slashing in case of misbehavior. At the outset, validators are incentivized by gradually decreasing emission schedule and transaction fees.</p><h3 id="current-state-and-market-potential"><strong>Current state and market potential</strong></h3><p>Oasis team plans to launch Mainnet Beta (fully featured network with disabled transfers) soon after Mainnet Dry Run that is launched to ensure that the network is healthy.</p><p><a href="https://www.gartner.com/en/newsroom/press-releases/2019-04-02-gartner-forecasts-worldwide-public-cloud-revenue-to-g">Gartner projects</a> the market size and growth of the cloud services industry at nearly three time the growth of overall IT services by 2022. According to <a href="https://www.idc.com/getdoc.jsp?containerId=prUS45340719">IDC forecast</a> worldwide spending on public cloud services and infrastructure is set to double growing from $229 billion in 2019 to almost $500 billion by 2023.</p><p>At the same time more data is stored in the clouds posing higher security and privacy risks which are the most concerning for data owners. The danger of cloud breach <a href="https://leftronic.com/cloud-computing-statistics/">has increased by 18.4% since 2016 while 60% of companies</a> use cloud technology to store confidential data.</p><p>Oasis team addressed privacy issues by implementing<a href="https://docsend.com/view/3aznduk"> Ekiden</a> that allows nodes to perform computations off-chain in a trusted execution environment without access to the data itself.</p><h3 id="token-allocation-and-purpose"><strong>Token allocation and purpose</strong></h3><p>Oasis Labs raised $45 million. The overall token allocation presented in the graph below. Total supply is capped at 10 billion ROSE. For staking rewards foundation allocated ~2 billion ROSE.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/token-dist-oasis-pie.png 600w, https://economy.p2p.org/content/images/2020/09/token-dist-oasis-pie.png 695w"></figure><p>Oasis native token is a staking unit with limited liquidity and low volatility serving the purpose of securing the network and incentivizing nodes to follow the protocol rules. Transaction fees are also denominated in ROSE as well as a payment for provided computations after this feature will be enabled.</p><p>There will be no public sale due to regulation risks. To acquire tokens you should wait for official announcements from the Oasis team and listing on exchanges.</p><h3 id="staking-economics"><strong>Staking economics</strong></h3><p>Oasis currently uses Tendermint consensus. Nodes performing confidential computations utilize TEEs to execute smart contracts and do not have access to the data itself while validators finalize transactions and update the state of the blockchain. Oasis network will launch with a focus on the consensus layer of the protocol. <strong><strong>To begin with, rewards from staking will be </strong>~<strong>15% and then  decrease to 1</strong>2<strong>%</strong> in six month.</strong> Holders can delegate their funds increasing overall security of the network and earn a share of rewards in proportion to their stake. There is a minimum required delegation of 100 tokens. Staking since the beginning of mainnet will result in higher returns for delegators.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2020/09/table-8-1--1.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2020/09/table-8-1--1.png 600w, https://economy.p2p.org/content/images/size/w1000/2020/09/table-8-1--1.png 1000w, https://economy.p2p.org/content/images/2020/09/table-8-1--1.png 1368w" sizes="(min-width: 720px) 720px"></figure><h3 id="slashing-risks"><strong><strong>Slashing risks</strong></strong></h3><p>At the time of mainnet launch, the protocol will slash <strong><strong>only for double-signing</strong></strong>. At the start the <strong><strong>minimum amount of 100 tokens will be slashed</strong></strong> and node functioning stopped in order to prevent the node from being over-penalized and resulting in losing delegations. Validators will have to change operating address and attract delegations to participate in consensus. There is <strong><strong>no slash for liveness or uptime at launch</strong></strong>, but a node would need to sign at least 75% of blocks in the epoch to receive corresponding rewards.</p><h3 id="about-p2p-validator"><strong><strong>About P2P Validator</strong></strong></h3><p><a href="https://p2p.org/">P2P Validator</a> is a world-leading non-custodial staking provider securing more than $3 billion trusted by over 10,000 delegators across 25+ high-class networks. Our team has close connections with Oasis team and we have participated in the incentivized testnet since the beginning. P2P Validator invested its own funds in Oasis project and intends to support the network in the long term.</p><h3 id="useful-oasis-resources"><strong><strong>Useful Oasis resources</strong></strong></h3><p>Website:<a href="https://www.oasislabs.com/"> https://www.oasislabs.com/</a></p><p>Github:<a href="https://github.com/oasislabs"> https://github.com/oasislabs</a></p><p>Docs:<a href="https://docs.oasis.dev/overview.html#what-is-oasis"> https://docs.oasis.dev/overview.html#what-is-oasis</a></p><p>Whitepaper:<a href="https://docsend.com/view/grdq39h"> https://docsend.com/view/grdq39h</a></p><p>Non-tech paper:<a href="https://docsend.com/view/5uuhcj3"> https://docsend.com/view/5uuhcj3</a></p><p>Blog:<a href="https://www.oasislabs.com/blog"> https://www.oasislabs.com/blog</a></p><hr><p><em><em>Want to stake Oasis with us? </em>Paul <em>will be happy to help. Contact</em></em> <em>p.pavlov<em>@p2p.org</em></em> <em><em>to get personal assistance.</em></em></p><hr><p><strong><strong>P2P Validator</strong></strong> provides secure non-custodial staking. Subscribe to our channels and stay tuned for updates and new blog posts.</p><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram:</strong></strong><a href="https://t.me/p2pvalidator"> https://t.me/p2pvalidator</a></p>

Alex Bond

from p2p validator