The consensus layer is a proof-of-stake (Pos)-secured blockchain with a decentralized set of validator nodes operated by independent nodes. The separation of execution from consensus is secured using [fraud proofs](https://medium.com/@cpbuckland88/fraud-proofs-and-virtual-machines-2826a3412099). On the Oasis Network’s Cipher ParaTime, nodes are required to use a type of secure computing technology called a TEE (Trusted Execution Environment), which acts as a hypothetical black box for smart contract execution in a confidential ParaTime. Encrypted data goes into the black box along with the smart contract, data is decrypted, processed by the smart contract and then encrypted before it is sent out of the TEE. This process ensures that data remains confidential and is never leaked to the node operator or application developer.

The current supply of [Oasis Network](https://coinmarketcap.com/currencies/oasis-network/) ROSE is 1.5 billion tokens, with a total supply of 10 billion ROSE. The token distribution is as follows: * 23.5% – staking rewards * 23% – backers * 5% – strategic partners & reserve * 18.5% – community & ecosystem * 10% – foundation endowment * 20% – core contributors 2.3 billion tokens will be automatically paid out as [staking](https://coinmarketcap.com/alexandria/glossary/staking) rewards to stakers and delegators for securing the network over ten years. ROSE is used for transaction fees, staking and delegation at the Consensus Layer. By staking ROSE, users can secure the Oasis blockchain and earn up to 20% APY rewards.

Oasis is the leading privacy-enabled and scalable layer-1 blockchain network. It combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3 and will power DeFi, GameFi, NFTs, Metaverse, Data tokenization and Data DAOs. Oasis propels web3 forward, scaling it and evolving it from infancy to maturity. Supported by top industry backers, Oasis recently announced the [$235 million Ecosystem Fund](https://medium.com/oasis-protocol-project/the-oasis-ecosystem-fund-reaches-235-million-6a4db2cd9370) to support projects to build on the network. Oasis Labs, the ecosystem technical contributor, has partnered with the likes of Meta, BMW Group Genetica and others, to build platforms and products that further individual privacy protection, data governance, and responsible data use.