Abstract

DISCLAIMER AND NOTES:

Roseon Finance, including but not limited to the overall project, website smart contracts and software app (“Roseon”) as presented in this conceptual paper is not currently an active licensed or exempted financial or payment service of any kind and in any Jurisdiction, although it might be in the future, subject to appropriate requirements and approval. Any financial or payment services terminology used in this Whitepaper, on the Roseon website or within the app is intended only as a basic reference, without any effective or legal meaning of the same terms in a regulated and/or traditional financial environment. The ROSN token is a strictly utility token in any jurisdiction and is not and can not be considered as a security or otherwise a regulated token of any kind, is not in any way e-money and/or a fiat or asset backed stablecoin, whether global or limited in scope. This Whitepaper is not a contract or a contractual agreement of any kind, is not an invitation or offer to invest in Roseon or acquire or use its tokens in any way with any expectation of profit. Any user of Roseon declares to have received appropriate technical, administrative and legal advice before and after reading this Whitepaper, the Roseon Website and using any part of the Roseon App (including its token) and accepts that there is an inherent high risk in acquiring or using any kind of blockchain and/or crypto token, platform, software, interface and acknowledges with full disclaimer for any of the persons or entities mentioned within this Whitepaper, that there can be any kind of damage suffered, including total loss.

Abstract

DeFi or Decentralized Finance is the name given to the crypto-economic ecosystem consisting of software applications built for digital assets on a public blockchain that replicate some functions of classical financial environments. It is a rapidly growing trend, taking components of traditional finance and transforming them into protocols via smart contracts and tokens.

Controversial as it is (from a legacy financial point of view), DeFi has seen an increase in interest from the past year. Whilst the appeal of DeFi is access to a borderless and open alternative to financial services, the growth in the market is also attributable to opportunities for enhanced money-market returns on digital tokens. According to DeFi Pulse, the interest in this supplemental investment and financial system has increased, starting from a total value locked of $0.67B in January 2020 compared to today, March 2021, at $41.4 billion locked.

Roseon Finance’s goal is to solve one key problem: decentralized finance (DeFi) offers users competitive rewards, but navigating through the DeFi ecosystem of protocols is difficult for non-crypto savvy users and even challenging for some of the most seasoned crypto holders.

Roseon aims to bridge the DeFi world of high rewards but poor UX designs with the highest security and a customer-focused, user-friendly interface within the Roseon mobile app. The app is easy to navigate and Roseon utilizes algorithms to maximize rewards through the aggregation of decentralized borrowers and other mixed services, including NFTs and Swap features. In short, Roseon users can select the best reward opportunities without having to traverse the current, confusing world of DeFi protocols and also take advantage, within the same portal of other broadly connected services.