Beefy Launches on the Oasis Network
Beefy’s new partner Oasis build on Oasis’s privacy-enabled network. Beefy Launches on the Oasis Network
What is the Oasis Network?
The Oasis Network is a decentralized, layer 1 blockchain that focuses on scalability, versatility, and privacy.
The Consensus Layer utilizes a set of decentralized validator nodes to manage a safe, Proof of Stake consensus mechanism with the potential for high throughput. The ParaTime Layer hosts parallel chains (ParaTimes) with their own computing environment and shared state.
The key to accessing Oasis Network is its utility token ROSE. By holding ROSE, you can make network transactions and take part in staking and delegation.
What is Emerald ParaTime?
Emerald ParaTime is an EVM-compatible ParaTime that allows for smart contract creation. It operates as the official EVM compatible ParaTime for Oasis network, with extremely low fees, scalable capability, and easy DApp integration.
Compound APY through Yuzuswap farms and pools
To start our Oasis Network deployment, we’ve chosen to autocompound on Yuzuswap. Yuzuswap is the first DEX built on Oasis and offers a Uniswap-style experience. This makes it a great opportunity for Beefy to do what it does best: maximize your Oasis Network yield. Our Yuzuswap Vaults could also lead to a BIFI-ROSE pair from the partnership.
