Roseon Finance launches multi-chain yield aggregator

0:25some of the solutions that your team is providing and then we can dive into the details okay so if anybody here has farmed or tried a new farm you know there's a number of unfriendly steps and it starts with first of all you got to recognize which chain you're you're you're using then you gotta configure your meta mask

0:53and then you gotta convert the token and if it's a liquidity pool you have to then split the tokens and then you would then state the tokens in the pool and then when your rewards are when the term is end you would then unstake and you know and retrieve your reward and all of that could potentially cost a hundred bucks in fees so not only

1:19The tedious steps and the fees you know it's not very friendly so the blockchain industry has has started out with building platforms and very technical focus so what we're trying to do is we're taking the opposite approach we want to we want to focus on the users we want to make it easy for you so you can tell with our if you downloaded our app

1:47you can see it's very friendly and we launched we launched a couple of pilot pools and pancake was one of them and literally it was two to three steps two to three steps to stay and farm pancake during the time when banking was really going crazy so our goal is to focus on you know getting the average users into blockchain or crypto investment

2:16make reducing the friction reducing the steps and make it very easy so we are a multi-chain so we want to support every chain possible and we want to take the best yield opportunities within the mobile bottom end definitely alan and yeah you're right i have done liquidity mining before and not only does it cost a lot on ethereum's ecosystem but there's a lot

2:42of steps involved just to you know just to set it up so i would say simplifying that process is going to be handy for a lot of people and just bring more widespread adoption to decentralized finance products and i like how you mentioned pancake swap there you know the majority of d5 is on ethereum but on the binance smart chain you know pancake swap there is a lot of

3:04Liquidity locked in there and volume as well and i'm curious you know you your platform on the app is already live right now and i know you're continuing to grow out and develop more but currently as it stands you know how many assets or how did you choose what assets are available on rosion yeah yeah so obviously we have a team of researcher and we want to make sure

3:28that we gotta avoid drug posts so we have to we work with a number of insurance farming insurance companies so they kind of do the due diligence for us if they certified that farm then we work with them right and then secondly we gotta we pick the up and coming and the highest yield possible so a mix of researching on the team researching

3:54on the on the platform and then getting the better you right yeah so we've launched you know badger now and we did pancake and during that time it was very popular and you know we have farming insurance we started out working with nexus but now we're working with a different partnership where we want to ensure that all of our users in our platform

4:23is insured so there's there's two types of farming insurance that we have the typical smart contract and hack you know hack insurance but then we have this thing that we're introducing it's called the yield protection so we want to make sure that you know let's say we advertise the next percent of mute and we're not getting that if our users are not getting that we'll

4:49we'll compensate some of that loss wow that's really interesting and it seems like there's a trade-off with you know these high yields chasing these high-yield strategies in d5 some of them that are super high they seem unsustainable or you know like ponzi like or rug pull-like is that something that your team has to balance with where you know some of

5:11these apys are going to multiple hundreds of percent and more sustainable in the larger assets like bitcoin ethereum they're much lower but obviously much safer is that a trade-off or something that you're considering and making sure that you know you're looking for high yields but too high there's like a red flag going off there of course of course so

5:32if we don't touch it if we don't touch it we're not going to provide that for that option for our customers right you know we do treasury management we take a little risk with our own funds but if we don't touch these five thousand percent nude you know no no usually we have a network a partnership network and for example you know total chain

5:59Longvolt is our advisor so we know we've been working with tumor chain for almost six seven years i know the guys i know the entire founding team has you know so something that due diligence doesn't show up is the business relationship we know the founders we've been in this market i've been in crypto and blockchain for six seven years this is probably my third

6:27second or first third startup so i know who i'm working with and i know who who come and who stays definitely and i was looking into roseanne finance's economics and i saw that there was a hyper deflation mechanism and that's not something that i've seen very often in the space and i was wondering if you could elaborate on that and you know what are the benefits or

6:50what was the rationale behind this hyper deflationary okay so first of all so the question we want to start with is are token economics why why do people want our token so if the perfect the best example is really the png token so finance chain so finance say c5 cd5 pro cd5 solution we are also a cd5 application so

7:22holding our token will give you access to our ecosystem give you discounts and give you rewards now in terms of our reward system we're building a hybrid solution so right now we are fully centralized but this is the reason why we're obtaining funding is to build a decentralized aspect of our

7:50our platform so that will give us a very balanced token economy and then with the decentralized the d5 platform that we're going to launch and the d5 wallet that we're going to launch we need to make sure we compete well with all the other d5 platforms so we want to make sure that our rewards token economics aligns with the market definitely

8:20yeah and i was looking you know the you have the apps live can you give a snapshot of you know so far where the platform is at you know is this fairly early stage in the in the launch of the applications yeah so we are we've been on the apple and they saw on android google play for i believe a month or so now we actually

8:50launched two months ago but then we consulted with legal and that's why we have to take it down we want to comply okay so we are obtaining our license and it should be coming soon now the ios the ios app is already running running working but apple was a little bit picky on how our how how we word our application how the buttons

9:19are and even the warning the warning messages are shown so we're having a little challenge with that but i believe within a week we're going to be both on both apps stores right now you can you can you can farm you can do staking which is what we call savings you can do limited nft so you can view

9:44marketplaces you can add on your own collection right and then we're working on the index fund and it's really a what we call a index fund maker so the ability to replicate any existing index fund out there but of course because we have bots running on multiple cd5 applications we can reduce the fees so we can replicate the token set for any

10:12popular index fund out there and then we would use the same algorithm and go into binance and make the purchases rebalance for you and everything so these are very cool projects that we're working on but right now the app works you can farm you can speak but of course we're not allowing that to happen until we are licensed definitely that's great

10:37and i'm curious are you planning on sticking to just the apps or will there also be a web app or you know computer version available so we want to focus on the mobile first or you know our market is asia and southeast asia there's a lot of demand for mobile usage so we want to make sure our mobile is flushed out and it's perfected before we

11:05build the d5 location and capture the web and the df the one three definitely definitely that makes sense and yeah it's very mobile focused and you know it's so easy to just make a stake or move your positions when you're on the go so that does make sense and you mentioned a couple times you know cd5 which is sort of like centralized finance decentralized

11:30finance you know some of these major platforms like block five celsius that are more centralized they it's a lot easier for people to onboard because you know you're doing more handholding and just getting people in because defy can be daunting for people that are you know new to even if they're not new to the crypto space people are like oh this is

11:50this is interesting you know it's sort of like when decentralized exchanges came out and there wasn't that and you had to take all these extra steps so in the first part where you have the cd5 and how focused are you on as you're transitioning to a more decentralized ecosystem and just making sure that there is that hand holding or just making it an ease

12:09of use for the user experience to have non-technical people using the platform yeah so you know there's advantages and disadvantages for either but if you want user experience you want ease of use centralized applications will do right but then if you are a more of a techie you know how to farm and you can take you know you know how to configure your

12:36metamask then you use the d5 application the dm so our goal here is to bring both together into our platform we will not pick one over the other we believe that there's a huge amount of centralized users there are people who are new want to get into crypto want to get into d5 but do not know how

13:02so we have plans for that and that's why we're building this product we believe that we need we are going to cater to those guys those people they're going to onboard and then slowly they will feel more comfortable and then they have the choice do they want to they want rose on to manage their keys or do they want to match their own that's up to them we

13:22should give them that power definitely and i think that's a great way to go about it alan and now you know you have the apps live in the app store what are the very next steps for you and your team surrounding the token and the platform you know in the coming weeks and months yeah so you know we closed our private round and it was crazy it was crazy it

13:46happened all in one week okay now thank you thank you now we're planning our launch our ideal launch on yellow road and vfc pad you know we have we have a couple of amazing advisors so tumor chain ceo i got lester lester amazing and we're working closely with petra amazing

14:12and of course we're working with a local team cairo's venture they're doing an amazing job so we have the greatest support so if everybody you know people are coming into our telegram channel asking us about why why our twitter and why our telegram has such a small like amount of followers is because we're we're we're doing this organically and people

14:37are asking what's our marketing plan we have we have we have lots of people to support us it's all going to start next weekend okay so our goal is let's get this idea done and then we start real business we get the teams we already started scaling our ops we have hired a bunch of deaths so we're one you know our goal is to meet the roadmap we want we do not want

15:03to disappoint our investors our community you know we want to make sure that we deliver on-time or before the scheduled time we want to build and we want to acquire users definitely the hardest part is acquiring users not the fundraising not the application it's acquiring users and increase our tdl

15:30yeah well said alan yeah daps that don't have users aren't very useful so i think that's going to be the real test of time is you know having that product market fit getting that user acquisition and user retention and making sure people are using rosion for months and years to come so all the best with that for the people that are interested in

15:49learning more about the ido and the platform launch as it continues to expand and grow out what's the best way for them to follow along yeah so we're very we're going to be more active we apologize because it's so crazy we're going to be more active on social media even the founding teams really more active on social media just follow our twitter and join our

16:14telegram that's where you get your first update every morning i wake up at 4 or 5 in the morning i check our telegram and i try to i try to create the community and i try to provide a zero minute update so our telegram or twitter great alan well i will leave both of those links in the description box below all the best with the launch moving forward and

16:41let's follow up in the near future okay thanks ashton cheers everyone you