ROSA finance is building a retirement and savings fund based on transparency, security, self-custody, and decentralization using public blockchain technologies.
For years, the present financial system has been plagued by intermediaries. Customers have less knowledge and access than ever before regarding their funds’ true state, and the processes are inefficient.
In many circumstances, putting your money into a typical pension fund makes you feel as though the funds have vanished.
As a result, ROSA Finance set out to create a decentralized savings solution for retirement funds using a variety of decentralized technologies.
ROSA seeks to provide a reliable pension solution to persons with non-standard wages, pension fund users, and anybody else who wants to diversify their revenue sources in the future with these technologies.
How does ROSA function?
ROSA is developing a decentralized application with multi-blockchain interoperability allowing clients to deposit retirement money as tokens and receive returns and prizes from staking funds.
The token and application are designed to work together on the Ethereum public blockchain and the Binance Smart Chain. ROSA will integrate many more blockchains as the project progresses.
Users may always check up on transactions and analyze the smart contract because the initiative uses public blockchains, ensuring complete openness.
Customers can always examine the live state of their assets with ROSA because the genuine status of funds is prohibited in the conventional financial system.
ROSA ensures a more secure future.
Because blockchain provides immutability, you no longer have to worry about your retirement fund disappearing for numerous causes. Furthermore, there is no risk of share dilution over time as a result of changing market conditions.
Because of ROSA’s yields and staking rewards, the number of tokens you can store on your own terms may only grow. And, in order to maintain the ROSA token’s value, cash held in savings plans will be invested across a decentralized portfolio.
The money will not be invested randomly; instead, it will be spread out deliberately, adhering to prudential principles of security, profitability, and liquidity, as well as risk management ideas like diversification and asset-liability matching.
ROSA will also offer low-interest crypto-backed loans in order to maximize earning possibilities. This means that borrowers will over-collateralize the cash they borrow from ROSA, ensuring that ROSA will not lose money if they default on their loan.
ROSA allows you to arrange your retirement on your own terms. You store the tokens on your own initiative, and you can currently deposit and earn cryptocurrency using Ethereum or Binance Smart Chain.
With no wallet swap required, you may choose any ledger you wish based on performance and prices.
To underline the democratization of retirement funds even further, if you sample ROSA and realize it isn’t for you, you may always transfer your assets between chains without paying any costs.
