Oasis

Purpose and Utility

The Oasis Network is a privacy-focused layer-1 blockchain platform that aims to enable confidential smart contracts and create a responsible data economy. The OASIS token serves as the native currency of the network, used for staking, delegation, and network governance.

Core Features

The platform offers two main components: The Consensus Layer for transaction processing and the ParaTime Layer for parallel execution of computations. The network emphasizes data privacy and scalability while supporting DeFi applications and secure data tokenization.

Real-World Adoption

The Oasis Network has established partnerships with several enterprises and universities for data privacy solutions. The ecosystem includes various DeFi applications, NFT platforms, and data tokenization services that respect user privacy.

Development Activity

The project maintains active development with regular updates to its core protocol and ParaTime implementations. The GitHub repositories show consistent contributions from both the core team and community developers.

Token Distribution

The token distribution includes allocations for network security (staking), ecosystem development, and team/foundation reserves. There are documented vesting schedules for team tokens and early backers to ensure long-term alignment.