1. What are the revenue sources for Roogoo Earn?
Roogoo's yields come from on-chain lending protocol partners (similar to Morpho), USD Treasury-based RWA (Real World Assets, similar to Usual), and delta-neutral stablecoin protocols (similar to Ethena). Roogoo only selects partners with high security standards and excellent reputations.
After depositing assets in Roogoo, you need to wait for the deposit to be held for a full 24 hours before yield calculation begins, with earnings distributed daily at 09:00 UTC.
2. How does Roogoo Earn allow users to spend their assets while simultaneously storing them in yield-generating protocols?
Roogoo establishes consumption reserves based on the total amount of user deposits and user spending ratios. These reserves are used for user expenditures and automatically rebalanced in real-time to adjust fund proportions, allowing users to enjoy asset returns while maintaining spending capability.
3. About Roogoo's Security
Asset and Account Security: Roogoo's account security and anti-money laundering services are provided by industry-leading custodial partners, meeting the highest industry standards and ISO 27001 certification.
Real-time Asset Transparency: Roogoo's yield strategies are executed through multi-audited smart contracts that can be directly tracked on the blockchain.
Carefully Selected Partners: Roogoo employs a compliance-driven partner review process, carefully selecting and partnering only with reputable, open-source partners managing over $1 billion in assets to maintain our high security and trust standards. Roogoo plans to launch CeDeFi strategies executed within centralized exchanges, primarily on renowned exchanges like Binance and OKX.
Team and Compliance: Roogoo operates as a doxxed team and is applying for compliance licenses in multiple jurisdictions globally.
Asset Risk Control: Any suspicious or risky fund withdrawals undergo multiple layers of internal and external review to prevent asset misappropriation.
Audits and Transparency: We are partnering with leading industry auditors and expect to publish financial audit reports frequently in the future to ensure financial transparency.
4. Is Roogoo a custodial model?
Yes, Roogoo currently operates as a custodial model. We are developing non-custodial products and will transition to a non-custodial platform in the future.
5. Will Roogoo Earn offer more modes?
Roogoo Earn will launch additional modes and risk preference investment portfolios for users to choose from, providing diversified yield products.